Senior Manager, Ceded Reinsurance Claim
Jobtailor
Responsibilities Identify, review and confirm reinsurance coverage for losses, including complex claims such as asbestos, environmental (hazardous waste, pollution) and other cumulative injury (eg. abuse, CTE). Calculate, analyze and record proper financial results and all losses within company guidelines, and issue timely notices, updates (including litigation updates) and billings for losses covered under our reinsurance contracts. Consult with internal and external partners to collect reinsurance receivables, independently resolve reinsurer complex questions, present solutions, and work with managers and attorneys to resolve complex reinsurer disputes. Participate in and lead various ceded reinsurance/company projects and initiatives (e.g., supporting commutations, insolvency analysis and reinsurer audits). Maintain frequent business unit, broker, and reinsurer contact to communicate service standards, highlight efforts to meet business unit needs, and foster long‑term relationships. Routinely attend and coordinate reinsurer and broker meetings to address assigned claims/issues, establish agendas for productive meetings, and ensure follow‑up items are addressed. May serve as a reinsurer audit coordinator, including planning and implementation. Train new team members and/or provide mentoring to less experienced staff; conduct quality assurance audits. Make recommendations to management on system, procedure and/or workflow enhancements to improve effectiveness and efficiency. Assist in implementation of system improvements. Requirements Intent to begin coursework toward professional designation (ARe, CPCU) within 18 months of hire. Strong understanding of insurance/reinsurance concepts and relevant issues, particularly for the assigned line(s) of business required; thorough understanding of Travelers reinsurance program for assigned line(s) of business. Demonstrated ability to work independently and in a team environment. Developing management skills. Strong analytical, problem‑resolution, and negotiation skills with the ability to respond quickly and influence changing priorities. Demonstrated ability to respond quickly to changing priorities. Excellent organizational and time‑management skills. Intermediate to advanced verbal, written, presentation, and interpersonal skills with the ability to develop and maintain effective working relationships with internal and external partners. Intermediate knowledge of Word and Excel (Microsoft Suite). Bachelor's degree required; if lacking, a minimum of 6 years of related insurance/reinsurance experience. #J-18808-Ljbffr Jobtailor
$90k - $95k
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