Hybrid Ceded Reinsurance Claims Specialist

Great American Insurance Company; United States; Hybrid; USD 55,000 - 75,000; Full time

Benefits offered by this job

Medical, dental, and vision coverage

Paid time off

401(k) plan with company match

Employee stock purchase plan

Commuter benefits

Tuition reimbursement

Parental leave

Job summary

Great American Insurance Group is seeking a Claims Representative/Senior Claims Representative for the Reinsurance Claims department in Cincinnati, Ohio. On-site four days a week with one remote day, the role focuses on ceded reinsurance claims across multiple lines and close collaboration with accounting and other functions.

The ideal candidate has 1-3 years of reinsurance claims experience, strong communication skills, and solid knowledge of insurance policy coverage.

Qualifications

• Bachelor’s degree or equivalent experience.
• 1-3 years of reinsurance claims experience.
• Some knowledge of direct claim handling and/or reinsurance is preferred.
• Basic understanding of insurance policies, coverage and claim issues for property, casualty and specialty lines.
• Collaborative mindset and willingness to work with people outside immediate reporting hierarchy.
• Proficiency in Microsoft365 suite of products, specifically Excel.
• Professional writing and oral communication skills.
• Willingness and ability to cross train in and understand multiple lines of business.
• Ability to manage and prioritize concurrent assignments and responsibilities.

Responsibilities

• Evaluating applicable reinsurance coverages across various lines of business, including property, casualty, excess/umbrella, specialty lines, workers’ compensation, asbestos, and pollution coverages.
• Maintaining a diary of claims for reporting, updating, and billing losses to reinsurers consistent with the terms of the reinsurance contracts.
• Responding timely to reinsurer information requests and claims technical inquiries.
• Understanding reinsurance structures to produce net exposure calculations.
• Ensuring ceded reinsurance claim cessions are recorded in an accurate and timely manner.
• Documenting and maintaining records for proper claim follow up.
• Collaborating with reinsurance accounting team by assisting with reinsurance collections as needed.
• Facilitating reinsurer claim reviews.
• Participating in reinsurance and team projects as needed.
• Providing guidance and assistance to other functional areas.
• Ensuring all applicable company policies and procedures are followed.
• Performing other duties as assigned.

Skills

Reinsurance claims

Microsoft Excel

Communication skills

Team collaboration

Cross-functional work

Attention to detail

Education

Bachelor’s degree or equivalent experience

Tools

Microsoft 365

Job description

Great American Insurance Group is seeking a Claims Representative/Senior Claims Representative for the Reinsurance Claims department in Cincinnati, Ohio. On-site four days a week with one remote day, the role focuses on ceded reinsurance claims across multiple lines and close collaboration with accounting and other functions.

The ideal candidate has 1-3 years of reinsurance claims experience, strong communication skills, and solid knowledge of insurance policy coverage.