- Senior
- Bureau à Philadelphia
Position Summary
The Reinsurance Claim Manager (or AVP) on Casualty Business role supports the effective processing of reinsurance in accordance with the terms and conditions of the reinsurance agreements. The role includes regular collaboration with internal stakeholders in underwriting, claims, actuarial, and finance to maintain operational excellence and data accuracy. The role includes leading a team of professionals focused on accurate and timely end-to-end processing of reinsurance for casualty lines.
Key Responsibilities
- Ensure claims are reported accurately and timely in accordance with reinsurance contract terms.
- Read and interpret insurance policies and reinsurance agreements.
- Lead, mentor, and develop a team of reinsurance analysts, providing guidance, training, and performance feedback.
- Foster effective communication with brokers, reinsurers, and internal stakeholders, resolving complex queries.
- Identify and implement process improvements to increase efficiency and accuracy in reinsurance processing.
- Manage and action workflows and reports to enhance operational efficiency.
- Proactively identify issues and recommend effective solutions.
- Ensure team compliance with regulatory, accounting, and internal audit requirements.
- Lead projects to enhance reinsurance systems, processes, and data quality.
- Promote a culture of continuous improvement, collaboration, and professional development within the team.
Qualifications
- Bachelor’s degree in Finance, Insurance, Risk Management, Economics, Business, or a related field; a law degree is a plus.
- 5–7 years of casualty insurance or reinsurance claim experience.
- Prior experience managing or mentoring a team is strongly preferred.
- Strong analytical and quantitative skills; proficiency in Excel and data analysis tools.
- In-depth knowledge of reinsurance concepts, structures, and terminology.
- Exceptional organizational skills with a proven ability to meet deadlines while managing competing priorities.
- Excellent attention to detail, organizational, and leadership skills.
- Effective written and verbal communication skills.
- Ability to work collaboratively and manage multiple priorities.
Preferred Skills
- Experience with reinsurance processing systems or a law degree preferred.
- Progress toward professional designations (e.g., ARe, CPCU) is a plus.