Chubb Associate - Reinsurance Claims
Chubb Associate - Reinsurance Claims
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1 Vacancy
Job Description
Our Chubb Associate Program is a great starting point for individuals seeking an entrylevel role in the insurance industry. As a Chubb claims professional youll play a meaningful and collaborative role in helping clients whether an individual or a business recover when bad things happen. When things are at their worst claims team members are at their best. This means Chubb claims professionals work with empathy integrity and our legendary attention to detail to make our clients whole. Our Chubb Associate Claims roles offer growth opportunities and serve as a foundation for a career in insurance while being supported by our experienced team members.
By joining the Chubb Associate Program you will be part of a cohort of top early career talent who will participate in a robust comprehensive technical and experiential learning journey. Our twoyear program is designed to accelerate your development enhance your network support you in reaching your career goals and enable you to contribute to the future success of Chubb.
Reporting to a Manager Ceded ClaimsReinsurance Services this position 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 reinsure and broker queries resolve disputed claims and provide recommendations on compromised claims with a view to maximizes cash flow. The department provides business units and other constituencies with reliable and cost effective processing and reporting services.
Key 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
- Bachelors degree required (multiple majors will be considered).
- GPA of 3.0 or above required.
- Strong writing and verbal communication skills
- Strong aptitude for math
- Proficient in all Microsoft applications (Excel Word Access PowerPoint etc.
- Ability to collaborate with other units within the department the company and reinsurance partners.
Required Experience:
IC
Employment Type
Full-Time
