Reinsurance Claims- Ceded Reinsurance Claims Director

Great American Insurance Group; United States; Remote; USD 80,000 - 140,000; Full time

Job summary

An established industry player in the insurance sector is seeking a Reinsurance Claims Director to lead their claims team. This role offers the unique opportunity to manage a diverse reinsurance portfolio while collaborating with various departments to ensure effective claims handling. The ideal candidate will have extensive experience in reinsurance claims, possess strong communication skills, and be comfortable presenting to executive leadership. Join a company that values diversity and fosters an inclusive culture, where your contributions will directly impact the organization’s success and growth. This position also offers flexibility with full-time remote options for qualified candidates.

Benefits

Medical Insurance

Dental Insurance

Vision Insurance

Paid Time Off

Paid Holidays

Commuter Benefits

Employee Stock Purchase Plan

Education Reimbursement

Paid Parental Leave

401(k) Plan with Company Match

Qualifications

• 10+ years of reinsurance claims experience preferred.
• Strong understanding of reinsurance contracts and their applications.

Responsibilities

• Manage ceded reinsurance portfolio and support specialty divisions.
• Prepare reports and communicate complex claim information to management.

Skills

Reinsurance Claims Management

Communication Skills

Problem-Solving Abilities

Time Management Skills

Microsoft Excel

Understanding of Reinsurance Contracts

Technology Utilization

Education

Bachelor’s Degree

Tools

Microsoft365

Job description

Be Here. Be Great. Working for a leader in the insurance industry means opportunity for you. Great American Insurance Group's member companies are subsidiaries of American Financial Group. We combine a "small company" culture where your ideas will be heard with "big company" expertise to help you succeed. With over 30 specialty and property and casualty operations, there are always opportunities here to learn and grow.

At Great American, we value diversity and recognize the benefits gained when people from different cultures, backgrounds and experiences work collaboratively to achieve business results. We are intentionally focused on fostering an inclusive culture and know valuing diversity is an essential leadership quality. Our goal is to create a workplace where all employees feel included, empowered and enabled to perform at their best.

Corporate Claims is currently seeking a Reinsurance Claims Director to join the Reinsurance Claims department located in Cincinnati, Ohio. Open to full-time work from home for candidates living outside of greater Cincinnati. The job grade will be commensurate with the years of experience and skill level of the candidate hired.

Essential Job Functions and Responsibilities

• Manages the ceded reinsurance portfolio of the company, supporting a majority of the specialty property and casualty divisions.
• Understands and conveys complex reinsurance treaty interactions to reinsurance groups and divisional management.
• Prepares and presents appropriate reports to senior executive leaders.
• Manages team of ceded reinsurance claims handlers, ensuring appropriate claims handling in accordance with applicable contract requirements, as well as industry and company customs and practice.
• Conveys complex claim information such as coverage decisions, claim outcomes, and exposure analysis to all appropriate parties, including executive management.
• Communicates reinsurance coverage positions.
• Produces reports highlighting large losses, reinsurance coverage, and critical issues for review.
• Ensures ceded reinsurance claim transactions are recorded in a timely and accurate manner.
• Provides guidance, training and assistance to lower-level positions within the reinsurance claims team as well as to other functional areas.
• Acts as liaison between reinsurance claims team and other reinsurance focused groups, including Reinsurance Accounting.
• Directs pursuit of collections on complex reinsurance billings, including arbitrations and mediations as required.
• Adapts readily to shifting workloads and priorities.
• Builds positive working relationships across and within departments.
• Direct and assist with reinsurance projects as needed.
• Performs other duties as assigned.

Job Requirements

• Bachelor’s degree or equivalent experience.
• Generally, 10 or more years of reinsurance claims experience is preferred.
• Proficiency in Microsoft365 suite of products, specifically Excel.
• Strong understanding of reinsurance contracts with the ability to interpret, explain, and apply contract language to ceded losses.
• Comfort with presenting information to corporate executive level.
• Excellent oral and written communication skills, time management skills, and problem-solving abilities.
• Ability to manage and to prioritize concurrent assignments and responsibilities.
• Aptitude for utilizing technology and automation.

Business Unit: Corporate Claims

Benefits:

Compensation varies by role, position level, and location. Individual pay is influenced by skills, education, training, certifications, experience, and the role's scope and complexity, along with business needs.

We offer a competitive Total Rewards package, including medical, dental, and vision plans starting on day one, PTO, paid holidays, commuter benefits, an employee stock purchase plan, education reimbursement, paid parental leave/adoption assistance, and a 401(k) plan with company match. These benefits are available to eligible full-time and part-time employees.

Your recruiter can provide more details about our total rewards and specific compensation ranges during the hiring process.