Senior Reinsurance Claims Specialist – 28917

The Emerald Group; New York (NY); On-site; USD 90,000 - 130,000; Full time

Job summary

The Emerald Group is seeking an experienced claims professional to manage the US domestic claims portfolio for all classes of business in its New York Office.

This permanent role requires handling daily claim activities, assessing coverage, and maintaining reserves with a focus on timely settlements.

Qualifications

• Degree in business or legal discipline preferred.
• Minimum of 6 years of claims handling experience in reinsurance.
• Extensive experience and knowledge of technical reinsurance claims handling.
• Strong understanding of property, casualty, and specialty re/insurance lines.

Responsibilities

• Manage daily claim activities for the US domestic claims portfolio across all classes of business.
• Investigate and assess new and existing claims, reviewing contractual terms for coverage and exposure.
• Ensure timely and adequate case reserves and pursue prompt resolution of claims.
• Collaborate with Middle Office/Operations Team to approve referred claims and advise on complex issues.
• Promote prompt payment of claim settlements and setting of reserves.

Skills

Claims handling

Reinsurance knowledge

Reserving

Coverage analysis

Contract interpretation

Education

Business or legal degree

Job description

This role will be responsible for managing the US domestic claims portfolio for all classes of business underwritten by their New York Office

• Location: New York


• Type: Permanent

Key Duties (Including but not limited to):

• Manage daily claim activities and be responsible for assigned portfolio across a variety of classes of business, including the prompt payment of claim settlements and setting of reserves


• Investigate and assess new and existing claims, reviewing contractual terms to determine coverage and exposure


• Ensure timely and adequate case reserves, actively working towards the prompt resolution of claims


• Work closely with the Middle Office/Operations Team to approve referred claims in a timely manner and provide guidance on complex claims issues


• A degree from a University or College in a business or legal discipline is preferred


• A minimum of 6 years of claims handling experience within the reinsurance industry


• Extensive experience and in-depth knowledge of technical reinsurance claims handling


• Strong understanding of property, casualty, and specialty re/insurance lines of business