Reinsurance Casualty Facultative Claims Specialist

Endurance Business Services Ltd. (UK); New York (NY); Presencial; USD 90.000 - 130.000; Jornada completa

Descripción de la vacante

SompoRe is seeking a Reinsurance Casualty Facultative Claims Specialist in the NA Claims team. The role involves handling casualty claims from notification to resolution, assessing exposure, and ensuring proper documentation.

This position requires strong analytical skills and experience in reinsurance contracts. Based in the New York City area or alternate NY/NJ offices, you will work with brokers, cedants, and internal teams to drive timely settlements and robust reporting.

Formación

• 3–10 years' relevant claims experience, ideally in insurance or reinsurance.
• Experience in casualty reinsurance claims handling is preferred but not required.
• Good understanding of insurance and reinsurance contract terms and conditions.

Responsabilidades

• Handle assigned casualty facultative and treaty reinsurance claims from first notification through resolution.
• Assess loss exposures and review policy/reinsurance coverage and reserve adequacy.
• Collaborate with brokers, cedants, underwriters, and actuaries to ensure accurate claim reporting.

Conocimientos

Casualty reinsurance

Analytical thinking

Stakeholder management

Contract interpretation

Regulatory compliance

Educación

ACII/CII qualification in insurance

Herramientas

Claims system proficiency

Excel

Descripción del empleo

Job Description

Are you looking for your next opportunity?

Sompo has a unique opportunity for a Reinsurance Casualty Facultative Claims Specialist in our NA Reinsurance Claims team.

SompoRe operates in key markets worldwide, bringing to each account our specialized capabilities for a wide range of reinsurance products and a depth of understanding of local cultures. Our disciplined approach to risk management and claims handling, coupled with strong analytical skills, enables us to provide broad multiline capability to successfully underwrite risks across our clients' insurance portfolios. With global experience and local expertise in key markets worldwide, SompoRe has deep bench strength across all disciplines and above all, remains a stable and constant trading partner throughout all market cycles.

Location: This position will be based out of our New York City, Purchase, NY or Morristown, NJ office. We strive for collaboration which is why we offer a work environment where our employees thrive and develop long lasting careers.

What you'll be doing:

Claims Handling and Portfolio Management

• Handle assigned casualty facultative and treaty reinsurance claims from first notification through to resolution, ensuring timely and accurate processing in accordance with company procedures and controls.
• Assess loss exposures, including review and interpretation of policy and reinsurance contract coverage, liability, damages, and reserve adequacy across the assigned portfolio.
• Manage a portfolio primarily consisting of casualty, with the flexibility to assist with other lines of business where required.
• Monitor loss developments and ensure that significant issues, trends, and exposures are identified and escalated appropriately.
• Maintain accurate and complete claim file documentation, diary management, and supporting documents records.

Technical Analysis and Reserving

• Establish and maintain timely and accurate loss reserves and contribute to reserve review discussions where appropriate.
• Evaluate the quality, completeness, and reliability of claims information provided by cedants, brokers, experts, counsel, and other stakeholders.
• Interpret contract terms and conditions relevant to each claim, including coverage structure, retentions, attachment points, limits, exclusions, aggregates, and other relevant provisions.
• Support analysis of loss trends and claims development to assist management, actuarial, finance, and underwriting colleagues.

Stakeholder Engagement and Client Service

• Build and maintain effective working relationships with brokers, cedants, underwriters, actuaries, finance teams, and other internal and external business partners.
• Attend claims meetings with current and prospective cedants and brokers, as required.
• Provide clear and concise verbal and written communication on claims strategy, claim developments, reserve changes, and areas of concern.
• Deliver a high standard of service and build credibility with brokers and cedants as a trusted partner in the claims handling process.
• If required, represent Sompo Re at market events, and, where appropriate, in professional associations.

Collaboration and Business Support

• Work closely with underwriting teams to provide feedback on claims activity, contract wording issues, and emerging trends affecting the portfolio.
• Assist with the preparation and interpretation of data, management information, and reporting related to claims development and portfolio performance.
• Support colleagues on cross-functional initiatives, projects, audits, and process improvement activities as required.
• Contribute to a collaborative team environment and provide support to other claims colleagues where needed.

Compliance, Governance and Process Discipline

• Ensure all assigned claims are handled in compliance with internal procedures, regulatory requirements, and applicable claims handling standards.
• Maintain awareness of relevant market practices and jurisdictional considerations relevant to casualty and motor reinsurance claims.
• Ensure appropriate escalation of complex, high-value, contentious, or reputationally sensitive matters.
• Support accurate claims reporting and audit readiness through disciplined file management and documentation standards.

What you'll bring:

• 3-10 years' relevant claims experience, ideally gained in insurance or reinsurance claims handling.
• Experience in casualty reinsurance claims handling is preferred but not required.
• Good understanding of insurance and reinsurance contract terms and conditions, including different reinsurance structures and their application to claims.
• Ability to assess liability, damages, exposure, and reserve adequacy using incomplete or evolving information.
• Strong analytical capability and sound judgment in reviewing claims data and claim-related documentation.
• Relevant professional qualifications, or progress towards them, would b