Apply on Employer Site

RiverStone · 2 months ago

Assumed Reinsurance Claims Analyst [or Complex]

United States

Full-time

Remote

Mid Level

The RiverStone Group is a company that specializes in reinsurance and claims management. They are seeking an Assumed Reinsurance Claims Analyst to handle assumed claims, evaluate coverage and liability issues, and manage the transaction processing of claims.

Financial ServicesInsurance

Growth Opportunities

Responsibilities

Handles moderate to high volume of low to moderately complex assumed claims effectively

Directly handles and/or assists in monitoring, reviewing, and coordinating the activities involving assumed reinsurance claims, including analysis of reinsurance contracts, and underlying direct coverage issues, establishment of adequate reserves, payment as appropriate and the resolution and closure of claims

Operates effectively in Company and Departmental systems

Operates independently with moderate management oversight of day-to-day functions

Coordinates and manages workload so day to day claim handling functions remain prioritized

Provides recommendations on reserves and payments

Interacts with cedants and brokers in the investigation of assumed claims

Participates in settlement negotiations in coordination with management

Prepares written reports as necessary

Assists in reporting to retrocessionaires and supporting the Reinsurance Department’s collections

Serves on Companywide committees and projects as assigned

Works to continuously improve RiverStone’s business processes/systems

Consistently delivers superior customer service to both internal and external business partners

Maintains confidentiality

Qualification

Claims handlingAnalytical skillsCommunication skillsCustomer serviceLegal services experienceFinancial services experienceProcess managementLearning agilityEthicsValuesInterpersonal skillsProblem solving

Required

Handles moderate to high volume of low to moderately complex assumed claims effectively

Operates effectively in Company and Departmental systems

Operates independently with moderate management oversight of day-to-day functions

Coordinates and manages workload so day to day claim handling functions remain prioritized

Provides recommendations on reserves and payments

Interacts with cedants and brokers in the investigation of assumed claims

Participates in settlement negotiations in coordination with management

Prepares written reports as necessary

Assists in reporting to retrocessionaires and supporting the Reinsurance Department's collections

Serves on Companywide committees and projects as assigned

Works to continuously improve RiverStone's business processes/systems

Consistently delivers superior customer service to both internal and external business partners

Maintains confidentiality

Demonstrates ability and flexibility in a dynamic environment

Excellent analytical, interpersonal and communications skills, both written and oral

Capable of working independently and meeting assigned deadlines

Customer service orientated and able to develop lasting relationships with internal and external business partners

Demonstrates alignment with RiverStone's Commitments

Prioritizes and organizes work in self-directed manner

Attains and maintains knowledge of assigned department

Performs other duties as required, including supporting and coordinating with other department colleagues

Four-year college degree required or equivalent work experience

Assumed and/or direct claims handling, legal or financial services experience preferred

Preferred

JD, CPCU, SCLA, CCLA

Company

RiverStone

We Deliver RiskSmart Run-Off(R) Solutions With Global Reach Aligning risk with the need for capital efficiency and greater business focus is a key challenge for insurers and reinsurers.

Founded in 1992