Reinsurance Claims Analyst

Posted: Thursday, 17 October 2024
Valid Thru: Saturday, 16 November 2024
Index Requested on: 10/17/2024 08:00:13
Indexed on: 10/17/2024 08:00:13

Location: Philadelphia, PA, 19019, US

Industry: Advertising and Public Relations
Occupational Category: 13-0000.00 - Business and Financial Operations
Type of Employment: FULL_TIME

Chubb is hiring!

Description:

JOB DESCRIPTION

Reporting to the Director, Ceded Reinsurance Services, this role is responsible for the day-to-day reinsurance claim operations in North America. The ceded reinsurance billings are primarily proof billed, but validation of all claims is required. Timely billings and collections of loss balances are a key element of the work. Provide accurate and complete billing packages; respond to reinsurer and broker queries, resolve disputed claims and provide recommendations on compromised claims with a view to maximize cash flow. The department provides business units and other constituencies with reliable and cost effective processing and reporting services.

Responsibilities:
  • Ensure claims are reported timely and in accordance with the reinsurance contract terms
  • Verify billings are completed timely and accurately
  • Track, Monitor and Collect open ceded loss recoverable balances
  • Report accurate status of billings and collections as required
  • Manage SOX functions and audit testing (Internal/External)
  • Support Chubb business units and interact with brokers/reinsurers
  • Proactively identify issues and recommend effective solutions
  • Provide assistance with the monthly close process


QUALIFICATIONS

  • Excellent

    ABOUT US

    Chubb is a world leader in insurance. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance to a diverse group of clients. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally.

    At Chubb, we are committed to equal employment opportunity and compliance with all laws and regulations pertaining to it. Our policy is to provide employment, training, compensation, promotion, and other conditions or opportunities of employment, without regard to race, color, religious creed, sex, gender, gender identity, gender expression, sexual orientation, marital status, national origin, ancestry, mental and physical disability, medical condition, genetic information, military and veteran status, age, and pregnancy or any other characteristic protected by law. Performance and qualifications are the only basis upon which we hire, assign, promote, compensate, develop and retain employees. Chubb prohibits all unlawful discrimination, harassment and retaliation against any individual who reports discrimination or harassment.

Responsibilities:

Please review the job description.

Educational requirements:

  • high school

Desired Skills:

Please see the job description for required or recommended skills.

Benefits:

Please see the job description for benefits.

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