ICW Group · 11 hours ago
Reinsurance Claims Analyst
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Financial ServicesInsurance
Growth OpportunitiesH1B Sponsor Likely
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Responsibilities
Manages and oversees Assumed Accounts involving claim and account level issues.
Analyzes and processes reinsurance claims in accordance with company policies and regulatory requirements.
Conducts day-to-day assessment of company's reinsurance claims and validates them for payment.
Prepares and maintains accurate records of claims activity and findings in the claims management system.
Ensures that all Assumed Reinsurance claims/payments (including Legacy) are processed in TIRS.
Evaluates claim submissions for accuracy and completeness, ensuring compliance with contractual agreements.
Develops relationships and collaborates with internal teams and external stakeholders, including reinsurers, brokers, and clients, to gather necessary documentation.
Provides input into the development and implementation of best practices for claims handling and reporting.
Supports senior claims staff in managing claims files and documentation.
Provides insights and recommendations based on claim trends and analyses to improve processes.
Creates and prepares reports for management, summarizing claim activity and highlighting significant issues.
Maintains accurate data of payments, reserves, scanned documents, new mail, etc.
Analyzes and produces reports highlighting large losses, coverage, and critical issues for review.
Alerts Management of significant loss development activity.
Actively participates in department-wide projects as required.
Shares information and analyses with Senior Management to determine potential impact on initiatives.
Qualification
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Required
Bachelor’s degree from four-year college or university required. Additional experience may be considered in lieu of degree.
Minimum 2 years of experience in Reinsurance required.
Excellent verbal and written communication skills, time management and organizational skills.
Requires a high level of attention to detail.
Must have a sense of urgency for execution.
Ability to work independently in deriving solutions to new business problems. Comfortable and competent in client interaction settings.
Ability to take ownership of Claims analyses.
Ability to grasp analytic concepts and learn new tools and logic within established processes.
Computer skills and knowledge of Microsoft Office, specifically Word and Excel.
Preferred
Reinsurance designation preferred.
Knowledge of TIRS preferred.
Benefits
Generous medical, dental, and vision plans
401K retirement plans and company match
Bonus potential for all positions
Paid Time Off with an accrual rate of 5.23 hours per pay period (equal to 17 days per year)
10 paid holidays throughout the calendar year
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Company
ICW Group
Thank you for visiting ICW Group Insurance Companies, a leading national group of property & casualty insurance carriers offering a range of product offerings, including workers’ compensation, catastrophe, and assumed reinsurance.
H1B Sponsorship
ICW Group has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2023 (14)
2022 (18)
2021 (26)
2020 (10)
Funding
Current Stage
Late StageLeadership Team
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