Reinsurance Clerk jobs in Delaware

Reinsurance Clerk performs routine reinsurance clerical duties, such as maintaining records, processing, and verifying new business. Performs basic accounting activities such as calculations and preparation of billing statements and financial reports. Being a Reinsurance Clerk verifies the policies of reinsurance clients and reviews company records to determine correct coverage. May coordinate the exchange of underwriting information between the reinsurance market and the underwriting staff. Additionally, Reinsurance Clerk may process monthly premium billing statements and other reports. Requires a high school diploma or its equivalent. Typically reports to a supervisor or manager. The Reinsurance Clerk possesses a moderate understanding of general aspects of the job. Works under the close direction of senior personnel in the functional area. May require 0-1 year of general work experience. (Copyright 2024 Salary.com)

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Reinsurance Coverage Analyst
  • Chubb INA Holdings Inc.
  • Wilmington, DE FULL_TIME
  • JOB SUMMARY:
    Analyzes client facultative and treaty reinsurance contracts for review and entry into on-line systems. Analyzes contracts and identifies terms, conditions, exclusions, and other attachment criteria at an advanced level. Constructs reinsurance profiles for policies involved in environmental, asbestos or other long-tail exposures. Reconcile accounting open balances monthly to ensure aging balances are resolved. Process facultative ceded premium into the reinsurance system.

    RELATIONSHIPS AND SCOPE:
    Under the direct supervision of the Reinsurance Contracts Assistant Vice President. Operates within Chubb policies and procedures, and service agreement parameters.

    DUTIES AND RESPONSIBILITIES:
    Using established procedures, determines facultative and treaty reinsurance using records obtained from business units. Enters contract information into on-line system timely. Verifies system entry with certificate terms and conditions.
    Communicates and resolves issues with underwriting organization, business unit and/or reinsurance intermediary impacting accurate and efficient administration of ceded facultative placements.
    Develops reinsurance profiles for environmental, asbestos and other long-tail exposure claims involving multiple policies. Ensures attachment criteria defined for completed profile are consistent with reinsurance terms described in applicable treaties and certificates.
    Provides suggestions for process improvements; identifies and solves problems, remove barriers to ensure accuracy of unit work product. Make service and improvement recommendations to business units and management. Work with other Chubb areas to ensure high level of service to underwriting and claims organizations.
    Works with client underwriting area to secure Reinsurance Certificates on facultative placements. Requests appropriate facultative and treaty underwriting information in order to properly establish contractual terms in systems. Identifies and resolves most discrepancies on Facultative Certificates, Notices of Reinsurance, etc. Independently resolves most discrepancies on complex treaties or facultative programs.
    Understands policy language as it relates to the ceded coverage provided.
    Participate and manage inter-department projects.
    Follow guidelines for timely and accurate processing of assigned workflows. Identify barriers to meeting deadlines and offers suggestions for improvements as needed.
    Obtain underwriting information from internal sources needed to accurately update contracts.
    Process contract change requests from accounting and claim units to maintain accurate contract records.
    Participate in department and company training programs to enhance knowledge of systems, processes and the reinsurance industry customs and practices. Expand industry knowledge through the pursuit of formal designations such as CPCU, ARe, etc.
    Review accounting premium records against market statements for accuracy. Communicate and resolve issues with underwriting, business unit and/or reinsurance intermediary.
    Register facultative ceded premium into reinsurance system timely. Verifies data received e system is accurate and secures facultative certificates including terms and conditions prior to bookings.
    Index reinsurance support in our archival View system.

    Qualifications

    QUALIFICATIONS:
    Basic reinsurance technical skills; solid knowledge of reinsurance operations and industry practices.
    Prior experience in an insurance or reinsurance environment a plus including knowledge of policy terms and criteria for attachment to reinsurance treaties and certificates.
    Ability to analyze and interpret insurance and reinsurance contracts at an advanced level.
    Strong organizational skills and proven ability to work independently.
    Strong attention to detail
    Solid problem-solving skills
    Intermediary Accounting skills
    Strong Excel skills (Pivot Tables and V-lookup).
    Ability and initiative to self-motivate and develop solutions to most minor and intermediate level problems and issues.
    Ability to identify priorities and reschedule tasks as appropriate. Must be able to set high standards for self-performance and meet them.
    Solid oral, written and interpersonal communication skills. Must possess ability to express ideas effectively, and produce written documents that have appropriate organization, structure, and correct grammar.
    Ability and willingness to work with others in all departments in an effective and efficient manner to accomplish team goals and objectives.

    EEO Statement
    At Chubb, we are committed to equal employment opportunity and compliance with all laws and regulations pertaining to it. Our policy is to provide employment, training, compensation, promotion,and other conditions or opportunities of employment, without regard to race, color, religious creed, sex, gender, gender identity, gender expression, sexual orientation, marital status, national origin,ancestry, mental and physical disability, medical condition, genetic information, military and veteran status, age, and pregnancy or any other characteristic protected by law.Performance and qualifications are the only basis upon which we hire, assign, promote, compensate, develop and retain employees. Chubb prohibits all unlawful discrimination, harassment and retaliationagainst any individual who reports discrimination or harassment.
  • 19 Days Ago

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Clerk
  • The Postal Service
  • Seaford, DE FULL_TIME
  • POSTAL CLERK NO EXPERIENCE REQUIRED PAID TRAINING PROVIDED JOB SECURITY The Postal Service is the largest government related agency in terms of employees. The Postal Service currently employs nearly 1...
  • Just Posted

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Clerk
  • Postal Source
  • Seaford, DE FULL_TIME
  • POSTAL CLERK NO EXPERIENCE REQUIRED PAID TRAINING PROVIDED JOB SECURITY The Postal Service is the largest government related agency in terms of employees. The Postal Service currently employs nearly 1...
  • Just Posted

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Clerk
  • Delaware Schools Consortium
  • Clayton, DE FULL_TIME
  • JobID: 15122 Position Type: Secretarial /Clerical/Secretary Date Posted: 2/8/2022 Location: SCOPE North Date Available: TBD Closing Date: Until Filled District: Woodbridge School District This posting...
  • 9 Days Ago

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Store clerk
  • Goodwill
  • Middletown, DE FULL_TIME
  • Great benefits and promotions within. Store Clerk major duties include maintaining cleanliness of sales floor, receiving incoming donations and issuing receipts, greet and assist donors / customers. C...
  • 18 Days Ago

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Pharmacy clerk
  • Giant Food
  • Middletown, DE FULL_TIME
  • Who Is Giant? With over 2 million weekly customers and annual sales topping $5 billion, Giant is the #1 grocer in the Baltimore-Washington area. What began as one store on Georgia Avenue in Washington...
  • 18 Days Ago

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Accounting Clerk
  • CYNET SYSTEMS
  • Stamford, CT
  • Job Description: Pay Range $20hr - $24hr Responsibilities: Process reinsurance accounting entries: review account statem...
  • 3/27/2024 12:00:00 AM

Delaware is 96 miles (154 km) long and ranges from 9 miles (14 km) to 35 miles (56 km) across, totaling 1,954 square miles (5,060 km2), making it the second-smallest state in the United States after Rhode Island. Delaware is bounded to the north by Pennsylvania; to the east by the Delaware River, Delaware Bay, New Jersey and the Atlantic Ocean; and to the west and south by Maryland. Small portions of Delaware are also situated on the eastern side of the Delaware River sharing land boundaries with New Jersey. The state of Delaware, together with the Eastern Shore counties of Maryland and two co...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Reinsurance Clerk jobs
$50,834 to $59,618

Reinsurance Clerk in Lompoc, CA
General office clerks perform a variety of clerical tasks, including answering telephones, typing documents, and filing records.
January 14, 2020
Reinsurance Clerk in Evansville, IN
Determines if reinsurance is automatic from treaty provisions and sends application to underwriting department when it is not automatic.
December 17, 2019
Reinsurance Clerk in Clarksville, TN
Rather than performing a single specialized task, general office clerks have responsibilities that often change daily with the current needs of the employer.
February 08, 2020