Reinsurance Specialist jobs in Connecticut

Reinsurance Specialist performs routine reinsurance administrative duties, such as maintaining records, processing and verifying new business. Organizes the preparation of monthly and annual reports and ensures reinsurance information has been recorded accurately. Being a Reinsurance Specialist performs reconciliation of premium billing statements and DAC tax calculations and maintenance of various reinsurance operations. Researches and resolves the more complex cases and provides guidance to others. Additionally, Reinsurance Specialist may review work performed by others and train new staff. Works towards industry designations (e.g., FLMI, ARA, ACS, etc.). Requires a bachelor's degree. Typically reports to a manager or head of a unit/department. The Reinsurance Specialist gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. To be a Reinsurance Specialist typically requires 2 to 4 years of related experience. (Copyright 2024 Salary.com)

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Senior Underwriting Specialist (Reinsurance)
  • ClickJobs.io
  • Moosup, CT FULL_TIME
  • FM Global is a leading property insurer of the world's largest businesses, providing more than one-third of FORTUNE 1000-size companies with engineering-based risk management and property insurance solutions. FM Global helps clients maintain continuity in their business operations by drawing upon state-of-the-art loss-prevention engineering and research; risk management skills and support services; tailored risk transfer capabilities; and superior financial strength. To do so, we rely on a dynamic, culturally diverse group of employees, working in over 100 countries, in many challenging roles.

    Candidate will support the development of the organization’s optimal reinsurance solutions as we evolve and embark on new strategic underwriting growth initiatives and opportunities. This will require the consideration of both traditional and alternative reinsurance structures, traditional and alternative reinsurers like insurance-lined securities, investors, and our own capital/surplus when recommending the optimal solution.

    • Financial background capable of preparing budget projections for all ceded re costs each year and managing collateralization requirements, including commutation, rollover and strategic deployment of capital.
    • Excel-based modeling for strategic uses of capital
    • Firm understanding of FM Global’s business model and line underwriting.
    • Proficient in reinsurance products, with an understanding of market trends and practices that could help optimize the organizations reinsurance strategy
    • Lead the development of new reinsurance products and the day-to-day maintenance of those created reinsurance products.
    • Experience in developing and reviewing contractual language, terms and conditions of reinsurance contracts
    • Participate in underwriting audits performed in Operations offices, as well conduct periodic audits of specific reinsurance areas of the Company's book
    • Represent Natural Hazards UW, where a light touch/assistance is necessary
    • Minimum Education: 4 year college degree/bachelors
    • Preferred Education: MBA/graduate degree
    • Experience: 10 years in insurance/reinsurance whether from a financial or underwriting discipline

    The hiring range for this position dependent on final grade and title is $126,800 to $182,300 USD. The final salary offer will vary based on geographic location, individual education, skills, and experience. The position is eligible to participate in FM Global’s comprehensive Total Rewards program that includes an incentive plan, generous health and well-being programs, a 401(k) and pension plan, career development opportunities, tuition reimbursement, flexible work, time off allowances and much more.

    FM Global is an Equal Opportunity Employer and is committed to attracting, developing, and retaining a diverse workforce.

    #FMG
  • 6 Days Ago

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Marketing development
  • General Reinsurance
  • Stamford, CT FULL_TIME
  • Shape Your Future with Us GenStar Insurance Services, LLC is a premier provider of excess, surplus, and specialty property and casualty insurance written on General Star Indemnity Company (non-admitte...
  • 9 Days Ago

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Actuarial associate
  • General Reinsurance
  • Stamford, CT FULL_TIME
  • Shape Your Future with Us General Re Corporation, a subsidiary of Berkshire Hathaway Inc., is a holding company for global reinsurance and related operations, with more than 2,000 employees worldwide....
  • 11 Days Ago

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Reinsurance Director
  • AIG
  • Wilton, CT FULL_TIME
  • This role is responsible for managing reinsurance claims and collections within Reinsurance Finance and reports to the Head of Reinsurance Claims and Collections. The individual hired will oversee a t...
  • 8 Days Ago

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Reinsurance Accountant
  • Hartford Fire Ins. Co
  • Stamford, CT FULL_TIME
  • Reinsurance Analyst - RB08CE We’re determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to...
  • 9 Days Ago

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Medical Front Desk Receptionist
  • EYECARE SPECIALIST
  • Stamford, CT FULL_TIME
  • ```Duties:```- Greet and check-in patients in a friendly and professional manner- Schedule appointments and manage the appointment calendar- Answer phone calls and respond to inquiries or direct calls...
  • 26 Days Ago

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Sr. Claims Specialist, Healthcare
  • Markel Corporation
  • Des Plaines, IL
  • What part will you play? If you're looking for a place where you can make a meaningful difference, you've found it. The ...
  • 6/11/2024 12:00:00 AM

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Wholesale Underwriter - Healthcare Risk Solutions
  • Markel Corporation
  • Chicago, IL
  • What part will you play? If you're looking for a place where you can make a meaningful difference, you've found it. The ...
  • 6/10/2024 12:00:00 AM

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Senior Underwriter - Cyber/EO
  • Markel Corporation
  • New York, NY
  • The position encompasses retail IT and Cyber underwriting. The focus of the position includes reviewing, analyzing, acce...
  • 6/10/2024 12:00:00 AM

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Underwriting Support Specialist: Environmental & Energy
  • Markel Corporation
  • Alpharetta, GA
  • What part will you play? If you're looking for a place where you can make a meaningful difference, you've found it. The ...
  • 6/10/2024 12:00:00 AM

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Executive Underwriter - Risk Management Excess
  • Markel Corporation
  • Chicago, IL
  • The primary purpose of this position is to underwrite new business and renewals in a profitable manner and according to ...
  • 6/10/2024 12:00:00 AM

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Oliver Wyman - Corporate Financial Analyst - New York
  • Marsh & McLennan Companies, Inc.
  • New York, NY
  • Company: Oliver Wyman Description: Oliver Wyman is a global leader in management consulting. With offices in 70 cities a...
  • 6/10/2024 12:00:00 AM

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Senior Claims Specialist, General Liability (open to remote)
  • Markel Corporation
  • Alpharetta, GA
  • What part will you play? If you're looking for a place where you can make a meaningful difference, you've found it. The ...
  • 6/9/2024 12:00:00 AM

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AVP, Actuary - NA Analytic Advisory
  • Marsh McLennan
  • Chicago, IL
  • Company: Guy Carpenter Description: Guy Carpenter's North American Actuarial Advisory team helps our clients deliver on ...
  • 6/7/2024 12:00:00 AM

Connecticut is bordered on the south by Long Island Sound, on the west by New York, on the north by Massachusetts, and on the east by Rhode Island. The state capital and fourth largest city is Hartford, and other major cities and towns (by population) include Bridgeport, New Haven, Stamford, Waterbury, Norwalk, Danbury, New Britain, Greenwich, and Bristol. Connecticut is slightly larger than the country of Montenegro. There are 169 incorporated towns in Connecticut.The highest peak in Connecticut is Bear Mountain in Salisbury in the northwest corner of the state. The highest point is just east...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Reinsurance Specialist jobs
$61,478 to $79,599

Reinsurance Specialist in Salisbury, NC
Researches and analyzes various reinsurance alternatives as assigned.
January 13, 2020
Reinsurance Specialist in Muskegon, MI
To take on responsibility for internal & external reinsurance Statement of Accounts and give an oversight of external Reinsurance program and assist in the embedding of controlling quality assurance work.
December 03, 2019
Reinsurance Specialist in Fort Myers, FL
Soria, Rodriguez, Baker and Knopp bring their exceptional knowledge of Managed Care Reinsurance products and solutions for HMOs, health plans and provider organizations to EPIC.
December 24, 2019