Reinsurance Claims Analyst
About The Position
Reimagining insurance to make a bigger difference to the world. American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world’s most far-reaching property casualty networks. It is an exciting time to join us — across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become. Welcome to a culture of inclusion. We’re committed to creating a culture that truly respects and celebrates each other’s talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The talent of our people is one of AIG’s greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations. AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories. AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities. If you believe you need a reasonable accommodation, please send an email to [email protected]. Functional Area: RE - Reinsurance National Union Fire Insurance Company of Pittsburgh, Pa. As a global risk leader with deep industry expertise and innovative solutions to smartly manage risk, AIG enables our clients’ growth in ways they never thought possible. We also do the same for our colleagues, because we know our people are our greatest strength – the source of every insight, every idea and every innovation. When we're working as one team to do what's right for our colleagues and our communities, we can achieve excellence together. We encourage colleagues to give back to the causes they care most about, supporting these efforts through our Volunteer Time Off and Matching Grants Programs. Join our Talent Community. Additional information about AIG can be found at www.aig.com | YouTube | Instagram| LinkedIn.
Requirements
- 3+ years of reinsurance/insurance experience in claims and/or accounting
- Proficient with information technology, including Microsoft Office, particularly in Excel
- Excellent verbal and written communication skills
- Strong interpersonal skills and team orientated
- Excellent organization and time management skills
- Strong analytical skills to quickly identify, gather, and assess information
Nice To Haves
- Experience with Facultative, Captive, Quota Share, and Excess of Loss policy and treaty arrangements
- Knowledge of general accounting fundamentals
- Understanding of reinsurance concepts and contract language
Responsibilities
- Review and approve Major Loss Reports for domestic and international losses
- Review reinsurance treaty contracts to ensure an understanding of their impact on various lines of business and apply treaties to loss analysis accordingly
- Identify large losses and high-profile matters
- Create and maintain Excel workbooks for data analysis
- Respond to non-MLR reinsurance verification requests and other reinsurance related queries
- Investigate and flag discrepancies and account issues
- Monitor and analyze financial impact of changes in reinsurance coverage
- Prioritize and collaborate with colleagues on various projects and initiatives
- Support AIG Next and reinsurance governance initiatives, including SOX controls
- Provide recommendations for process improvements
Benefits
- Eligible for a bonus in accordance with the terms of the applicable incentive plan
- Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security—as well as your professional development
- Volunteer Time Off and Matching Grants Programs
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
No Education Listed
