Alan Gray - A Premia Reinsurance Company · 21 hours ago
Assumed Reinsurance Claims Adjuster
Alan Gray is seeking an experienced and detail-oriented Assumed Reinsurance Claims Adjuster to manage and adjudicate complex legacy Asbestos and Pollution claims within their assumed reinsurance portfolio. The role involves reviewing claims, interpreting reinsurance treaties, and collaborating with various stakeholders to ensure compliance and accuracy in claims handling.
ConsultingInsuranceRisk Management
Responsibilities
Review and evaluate assumed reinsurance claims related to asbestos, pollution, and other long-tail liabilities, with an emphasis on accuracy, timeliness, and adherence to contract terms
Interpret and apply reinsurance treaties, facultative certificates, and claims agreements to determine coverage, limits, and obligations
Analyze and assess complex claim files, including claim reports, loss data, legal filings, and historical documentation
Collaborate and maintain open communication with ceding companies, brokers, legal counsel, actuaries, and internal stakeholders
Participate in audits of cedents and assist with due diligence, contract clarification, and claim development strategies
Maintain current and accurate claim documentation, reserve recommendations, and payment requests in compliance with internal procedures and regulatory requirements
Monitor developments in asbestos and environmental litigation and assess their potential impact on claim trends and exposure
Contribute to internal claim reviews and reporting, including the preparation of summaries for leadership
Qualification
Required
5–10 years of experience handling complex liability claims, with a significant portion focused on asbestos and/or environmental/pollution-related claims
Strong working knowledge of assumed reinsurance (treaty and facultative), including coverage interpretation, allocation methods, and loss development
Familiarity with U.S. legal and regulatory environments governing long-tail liability exposures
Demonstrated experience working with large loss portfolios and managing claims across multiple policy years and layers
Excellent analytical, negotiation, and written/oral communication skills
Proficiency in Microsoft Office; experience with reinsurance claims systems a plus (e.g., SAP, Guidewire, or custom platforms)
Ability to work independently and exercise sound judgment with minimal oversight
Detail-oriented with strong organizational skills and the ability to manage competing priorities
A collaborative mindset with a commitment to knowledge sharing and process improvement
Preferred
Bachelor's degree in business, insurance, or related field preferred; CPCU, ARe, or equivalent designation strongly preferred
Experience working in a legacy, runoff, or reinsurance company environment is a plus
Company
Alan Gray - A Premia Reinsurance Company
Alan Gray LLC was established in 1988 as a claims and audit advisory firm, and over the years has built a reputation as a cost effective, reliable and trusted resource to those involved in the management of risk.
Funding
Current Stage
Growth StageRecent News
Business Wire
2023-07-03
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