Property Reinsurance Claims Specialist (Facultative)

Endurance Business Services Ltd. (UK)

New York (NY)

On-site

USD 110,000 - 150,000

Full time

3 days ago

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Job summary

SompoRe is seeking a Reinsurance Property Facultative Claims Specialist to manage a portfolio of property-related claims from first notification to resolution. You will assess coverage, liability, and reserves while maintaining rigorous documentation and timely communication.

Based in the NY metro area (New York City, Purchase, NY or Morristown, NJ), you will collaborate with underwriters, actuaries, and finance teams to deliver high-quality client service and market-leading claims outcomes.

Qualifications

3–10 years of relevant claims experience, preferably in insurance or reinsurance.
Experience in property reinsurance claims handling is preferred but not required.
Strong understanding of insurance and reinsurance contract terms and conditions.

Responsibilities

Handle assigned property facultative and treaty reinsurance claims from notification to resolution.
Assess loss exposures, policy coverage, and reserve adequacy across portfolio.
Monitor loss developments and escalate significant issues and exposures.
Maintain accurate claim file documentation and diary management.
Build relationships with brokers, cedants, underwriters, and other stakeholders.