drjobs Senior Reinsurance Claim Examiner I

Senior Reinsurance Claim Examiner I

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Job Location drjobs

Toronto - Canada

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

Title:

Senior Reinsurance Claim Examiner I

Company:

Everest Reinsurance Company (Canada)

Job Category:

Claims

Job Description:

Everest Group Ltd. (Everest) is a leading global reinsurance and insurance provider operating for nearly 50 years through subsidiaries in North America Latin America the UK & Ireland Continental Europe and Asia Pacific regions. Throughout our history Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. Our strengths include extensive product and distribution capabilities a strong balance sheet and an innovative culture. Our most critical asset is our people. We offer dynamic training & professional development to our employees. We also offer generous tuition/continuing education reimbursement programs mentoring opportunities flexible work arrangements and Colleague Resource Groups.

Everest Reinsurance a member of Everest has an opportunity for an experienced claims professional or attorney to join our best-in-class Reinsurance Claim team. This individual will manage a pending of assumed reinsurance claims including multiple lines of business and geographies.



Description:
The responsibilities of the claims professional include management of reinsurance claims across a diverse property and casualty book of business. Claim handling includes a variety of activities such as receipt and review of claim notices confirmation of coverage creation of files in the claim system analyzing coverage and verifying claim calculations reported to Everest establishing supplemental reserves as appropriate and booking reserve and payment transactions in our claim and financial systems. In addition the claims professional will interact with internal and external clients on all claim matters associated with assigned accounts.

Responsibilities include but are not limited to:

  • Confirming coverage under the relevant policy and reinsurance contract
  • Investigating analyzing and evaluating liability and damages.
  • Preparing case summary reports related to matters of significant reserve and trial activity.
  • Ensuring prompt payment of claims and the timely setting of appropriate case reserves.
  • Plan and execute claim reviews of ceding company files processes and procedures.
  • Working with underwriters in supporting reinsurance contract wording reporting claim trends data analysis and risk assessments.
  • Extensive communication with ceding companies brokers actuaries and underwriters.
  • Attending client meetings and industry functions to support retention and development of client relationships and business.

The well qualified candidate will have:

  • Six to ten years of commercial lines claim adjusting experience and/or reinsurance claims experience.
  • Knowledge of the insurance industry claims process and legal and regulatory environment.
  • Strong analytical and organizational skills.
  • Excellent verbal and written communication skills.
  • Ability to think strategically.
  • Ability to identify and use relevant data and metrics to best manage claims.
  • Collaborative mind-set and willingness to work with people outside immediate reporting hierarchy to improve processes and generate optimal departmental efficiency.
  • Ability and willingness to present to senior management and to others in other group settings.
  • Knowledge of the insurance industry claims process and legal and regulatory environment.
  • Some knowledge of reinsurance preferred but not required training provided.
  • Interest in data and analytics a plus.
  • B.A. or B.S. preferred but not required.
  • Some travel.

#LI-Hybrid

#LI-VP1

What if I dont meet every requirement At Everest we are dedicated to building an inclusive and authentic workplace. So if you are excited about this role but your past experience doesnt align perfectly with every element in the job description we still encourage you to apply. You may be just the right candidate for this or other roles. Please let us know if you need any accommodations throughout the application or interview process.

Our Culture

At Everest our purpose is to provide the world with protection. We help clients and businesses thrive fuel global economies and create sustainable value for our colleagues shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Clickhereto learn more about our culture.

All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues and the global communities we serve.

Type:

Regular

Time Type:

Full time

Primary Location:

Toronto - Reinsurance Canada

Additional Locations:


Required Experience:

Senior IC

Employment Type

Full-Time

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