Reinsurance Claim Specialist
Philadelphia, PA - USA
Department:
Job Summary
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
Strong writing and verbal communication skills
Excel skills
Strong aptitude for math
Proficient in all Microsoft applications (Word Access PowerPoint etc.)
Ability to collaborate with other units within the department the company and reinsurance partners
Required Experience:
IC
About Company
Chubb Life has been in Egypt since 2003. Chubb Life is the international life insurance division of Chubb - the world's largest publicly traded property and casualty insurance company by market capitalization.