Reinsurance Claim Specialist

Chubb • Philadelphia, PA

1d

About The Position

Reporting to a Manager, Ceded Claims, Reinsurance Services, this position is responsible for the day to day reinsurance claim operations in North America. The ceded reinsurance billings are primarily proof billed but validation of all claims is required. Timely billings and collections of loss balances are a key element of the work. Provide accurate and complete billing packages; respond to reinsure and broker queries, resolve disputed claims and provide recommendations on compromised claims with a view to maximizes cash flow. The department provides business units and other constituencies with reliable and cost effective processing and reporting services.

Requirements

• Day to day reinsurance claim operations in North America
• Validation of all claims
• Timely billings and collections of loss balances
• Provide accurate and complete billing packages
• Respond to reinsure and broker queries
• Resolve disputed claims
• Provide recommendations on compromised claims
• Processing and reporting services

Responsibilities

• Ensure claims are reported timely and in accordance with the reinsurance contract terms
• Verify billings are completed timely and accurately
• Track, Monitor and Collect open ceded loss recoverable balances
• Report accurate status of billings and collections as required
• Manage SOX functions and audit testing (Internal/External)
• Support Chubb business units and interact with brokers/reinsurers
• Proactively identify issues and recommend effective solutions
• Provide assistance with the monthly close process

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Education Level: No Education Listed