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)
CAREER OPPORTUNITIES AT NATIONAL AMERICAN INSURANCE CO. (NAICO)
National American Insurance Company (NAICO) is looking for bright, dynamic, and reliable individuals to join our team. National American Insurance Company (NAICO), a regional insurance carrier providing commercial property and casualty coverage, has proudly served our customers since 1987.Mission
Our mission is to “set the standard that others strive for…” in all aspects of our business.
Core Values
· Integrity
· Employee Development
· Service
· Efficiency
Reinsurance Accountants at NAICO assist the reinsurance accounting manager in all areas of reinsurance accounting including computing and recording monthly reinsurance premiums and loss information. Support efforts required in system development including internal and external software systems.
To apply directly to NAICO, use the below link:
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ESSENTIAL DUTIES AND RESPONSIBILITIES include the following:
Analysis of facultative reinsurance programs.
EDUCATION:
Bachelors degree in accounting from a four-year college or university and two to five years insurance or related industry experience preferred.
SKILLS:
Requires excellent verbal and written communication skills, organizational skills, computer skills (specifically Microsoft Word, Excel, and Adobe) and clerical skills. MUST have excellent math skills.
We offer an excellent benefits package including:
Medical, Vision, Dental, Life/AD&D, STD, LTD, 401(K), Flex Plan and Paid Leave.
Outstanding work environment.
Salary commensurate with experience.
About National American Insurance Company
Established in 1987, National American Insurance Company (NAICO) has built a solid reputation as a regional insurance carrier. Headquartered in Oklahoma, NAICO serves the Southwest, Midwest and Mountain States. We pride ourselves on maintaining underwriting discipline with an emphasis on growing our company surplus through underwriting returns. NAICO's mission is to "Set the standard that others strive for..." in all aspects of our business.
Job Type: Full-time
Pay: $45,000.00 - $65,000.00 per year
Benefits:
Physical setting:
Schedule:
Work Location: In person