Reinsurance Clerk jobs in Rhode Island
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)
Recently Added Reinsurance Clerk jobs
- Factory Mutual Insurance Company
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Johnston, RI
FULL_TIME
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Overview
FM Global is a leading property insurer of the world's largest businesses, providing more than one-third of FORTUNE 1000-size companies with engineering-based risk management and property insurance solutions. FM Global helps clients maintain continuity in their business operations by drawing upon state-of-the-art loss-prevention engineering and research; risk management skills and support services; tailored risk transfer capabilities; and superior financial strength. To do so, we rely on a dynamic, culturally diverse group of employees, working in over 100 countries, in many challenging roles.
Responsibilities
Candidate will support the development of the organization’s optimal reinsurance solutions as we evolve and embark on new strategic underwriting growth initiatives and opportunities. This will require the consideration of both traditional and alternative reinsurance structures, traditional and alternative reinsurers like insurance-lined securities, investors, and our own capital/surplus when recommending the optimal solution.
Qualifications
- Financial background capable of preparing budget projections for all ceded re costs each year and managing collateralization requirements, including commutation, rollover and strategic deployment of capital.
- Excel-based modeling for strategic uses of capital
- Firm understanding of FM Global’s business model and line underwriting.
- Proficient in reinsurance products, with an understanding of market trends and practices that could help optimize the organizations reinsurance strategy
- Lead the development of new reinsurance products and the day-to-day maintenance of those created reinsurance products.
- Experience in developing and reviewing contractual language, terms and conditions of reinsurance contracts
- Participate in underwriting audits performed in Operations offices, as well conduct periodic audits of specific reinsurance areas of the Company's book
- Represent Natural Hazards UW, where a light touch/assistance is necessary
- Minimum Education: 4 year college degree/bachelors
- Preferred Education: MBA/graduate degree
- Experience: 10 years in insurance/reinsurance whether from a financial or underwriting discipline
- 1 Month Ago
The hiring range for this position dependent on final grade and title is $126,800 to $182,300 USD. The final salary offer will vary based on geographic location, individual education, skills, and experience. The position is eligible to participate in FM Global’s comprehensive Total Rewards program that includes an incentive plan, generous health and well-being programs, a 401(k) and pension plan, career development opportunities, tuition reimbursement, flexible work, time off allowances and much more.
FM Global is an Equal Opportunity Employer and is committed to attracting, developing, and retaining a diverse workforce.
- Town of Middletown, RI
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Middletown, RI
FULL_TIME
- TOWN OF MIDDLETOWN, RI POSITION DESCRIPTION TITLE: Revenue Clerk DEPARTMENT: Beach REPORTS TO: Business Manager, Deputy Beach Manager or Beach Manager SUPERVISES: None JOB TYPE: Seasonal – May 24, 202...
- 10 Days Ago
- Stop&Shop
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Richmond, RI
FULL_TIME
- PRIMARY PURPOSE Our front-end clerks are the bread and butter of our store pun intended. They’re the people we thank for maintaining our stores. Not only do they help bag groceries but they sweep & mo...
- 14 Days Ago
- SEACORP
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Middletown, RI
FULL_TIME
- SEACORP is seeking a well-qualified Inventory Clerk. Primary Duties and Responsibilities: Job Summary: SEACORP is seeking an Inventory Clerk for our Groton, CT facility. Key Responsibilities: Receive,...
- 15 Days Ago
- TPG Hotels & Resorts
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Providence, RI
FULL_TIME
- POSITION SUMMARY The Company operates 24 hours a day and 7 days a week, so operational demands require variations in shift days, starting and ending times, and hours worked in a week. The Accountant p...
- 17 Days Ago
- Bally's
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Lincoln, RI
PART_TIME
- Qualifications: Computer and POS knowledge. Strong guest service and organizational skills. Flexibility to work nights, weekends and holidays. Knowledge of basic cashiering functions. Ability to work ...
- 2 Days Ago
Reinsurance Clerk jobs at Popular Companies