Reinsurance Specialist jobs in Illinois
Reinsurance Specialist performs routine reinsurance administrative duties, such as maintaining records, processing and verifying new business. Organizes the preparation of monthly and annual reports and ensures reinsurance information has been recorded accurately. Being a Reinsurance Specialist performs reconciliation of premium billing statements and DAC tax calculations and maintenance of various reinsurance operations. Researches and resolves the more complex cases and provides guidance to others. Additionally, Reinsurance Specialist may review work performed by others and train new staff. Works towards industry designations (e.g., FLMI, ARA, ACS, etc.). Requires a bachelor's degree. Typically reports to a manager or head of a unit/department. The Reinsurance Specialist gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. To be a Reinsurance Specialist typically requires 2 to 4 years of related experience. (Copyright 2024 Salary.com)
Recently Added Reinsurance Specialist jobs
Underwriting Assistant - Casualty/Professional Facultative Underwriting - Chicago
- Everest Reinsurance Company
-
Chicago, IL
FULL_TIME
- Title: Underwriting Assistant - Casualty/Professional Facultative Underwriting - Chicago Company: Everest Reinsurance Company Job Category: Underwriting Job Description: This position will provide support to the Casualty/Professional Facultative Underwriting staff. In this role, you will be working alongside the Underwriters to assist in the underwriting process performing associated technical duties. The ideal candidate will be capable of mastering multiple systems and have experience working in a paperless environment. Additionally, Everest will be looking for a person that is computer savvy and is already proficient in MS Word and Excel. A strong customer service approach, as well as a proven track record of success in a production environment will be a key factor for success in this position. The Facultative Casualty Department of Everest Reinsurance Company, a member of the Everest Re Group, Ltd. is looking for an Underwriting Assistant to join our Chicago, IL office. Responsibilities include but not limited to: New business submissions and renewal submissions triage and set-up Rating of new and renewal submissions within proprietary rating system Review and analyze incoming submission details and related information for completeness accuracy and quality. Gather and analyze underwriting information including experience reports and CAB reports. Data entry related to reinsurance contracts and associated processes Utilizing industry websites to obtain additional information for accounts Regularly review and adhere to department processing guidelines and procedures to ensure accuracy including recommended changes/enhancements. File management and review including regularly following up with clients for outstanding information, utilizing an internal paperless system Manage underwriting relationships with timely responses relative to service inquiries. Create official documents including binders, certificates, and endorsements Internal interface with claims, billing and audits as needed Ability to manage internal report updates based on manager discretion. Participates in peer review and quality control for team(s) as needed. Special projects as needed. Qualifications, Education & Experience: Minimum 3 years commercial insurance or reinsurance experience preferred Proficient in MS Office, intermediate knowledge a minimum in Microsoft Excel Knowledge, Skills & Competencies: Thorough attention to detail and organizational skills Strong desk management, written and verbal communication skills. Comfort level with developing rapport with business partners, underwriters, clients and co-workers by phone, email or in person. Ability to prioritize competing demands and requests to complete work within required time constraints with a high volume of work. Demonstrate strong analytical skills and mathematical aptitude. Proficiency in using online reference manuals and multiple electronic systems. The ability to work in a team environment and handle multiple deadlines with ease. Our Culture At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Click here to learn more about our culture. Our Values are the guiding principles that inform our decisions, actions and behaviors. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Diversity, Equity and Inclusion. Our Colleague Behaviors define how we operate and interact with each other no matter our location, level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together. #LI-HYBRID #LI-RS1 All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve. Type: Regular Time Type: Full time Primary Location: Chicago, IL - South Riverside Additional Locations: Everest is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex (including pregnancy), sexual orientation, gender identity or expression, national origin or ancestry, citizenship, genetics, physical or mental disability, age, marital status, civil union status, family or parental status, veteran status, or any other characteristic protected by law. As part of this commitment, Everest will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact Everest Benefits at everestbenefits@everestglobal.com. Everest U.S. Privacy Notice | Everest (everestglobal.com) EVEREST is a leading international reinsurance and insurance group with an extensive distribution network that spans five continents. With roots dating back to 1973, Everest has developed a global footprint and deep client relationships that are largely unmatched by its peers. The Company’s principal business strategies seek to leverage its strengths to optimize returns over the underwriting cycle, thereby creating value for its shareholders and business partners.
- 23 Days Ago
Reinsurance Coordinator
- NTT DATA
-
Decatur, IL
FULL_TIME
- Job Description NTT Data is assisting our Healthcare client in their recruiting efforts for this role. 90 days temp to hire-start date asap Position may be performed onsite or offsite, if work is perf...
- 21 Days Ago
Reinsurance Coordinator
- Consociate Health
-
Decatur, IL
FULL_TIME
- Job Description: Shift: First Shift,Mon,Tue,Wed,Thu,Fri This position will report to the Director of Stop Loss/Reinsurance of Consociate Health. The Reinsurance Coordinator will be responsible for all...
- 11 Days Ago
Reinsurance Analyst
- AmericanAg™
-
Schaumburg, IL
FULL_TIME
- TITLE: Reinsurance Analyst DEPARTMENT: Reinsurance Strategy & Placement POSITION OBJECTIVE: Support the Reinsurance Strategy & Placement department in reinsurance information-gathering and transaction...
- 1 Month Ago
Reinsurance Actuarial Consultant-STG
- Aon
-
Chicago, IL
FULL_TIME
- Reinsurance Actuarial Consultant Aon's Strategy and Technology Group (STG) are seeking an experienced actuarial student to join their team and help to accelerate the development of their actuarial adv...
- 1 Day Ago
Reinsurance Analyst – Premium and Claims
- Continental Casualty Company
-
Chicago, IL
FULL_TIME
- You have a clear vision of where your career can go. And we have the leadership to help you get there. At CNA, we strive to create a culture in which people know they matter and are part of something ...
- 13 Days Ago
Reinsurance Specialist jobs at Popular Companies
AVP, Actuary - NA Analytic Advisory
- Marsh & McLennan Companies, Inc.
-
Philadelphia, PA
- Guy Carpenter's North American Actuarial Advisory team helps our clients deliver on growth and manage changing risk stra...
- 4/25/2024 12:00:00 AM
Senior Claims Specialist, General Liability (open to remote)
- Markel Corporation
-
Alpharetta, GA
- What part will you play? If you're looking for a place where you can make a meaningful difference, you've found it. The ...
- 4/25/2024 12:00:00 AM
AVP, Actuary - NA Analytic Advisory
- Clark Insurance
-
Morristown, TN
- Company: Guy Carpenter Description: Guy Carpenter's North American Actuarial Advisory team helps our clients deliver on ...
- 4/24/2024 12:00:00 AM
AVP, Actuary - NA Analytic Advisory
- Marsh & Mclennan Companies Inc.
-
Morristown, NJ
- Guy Carpenter's North American Actuarial Advisory team helps our clients deliver on growth and manage changing risk stra...
- 4/24/2024 12:00:00 AM
Senior Claims Specialist
- Markel Corporation
-
Plano, TX
- What part will you play? If you're looking for a place where you can make a meaningful difference, you've found it. The ...
- 4/24/2024 12:00:00 AM
Sr. Underwriter, Contract Binding (Hybrid -Alpharetta or Tampa)
- Markel Corporation
-
Orlando, FL
- Sr. Underwriter, Contract Binding (Hybrid -Alpharetta or Tampa) page is loaded Sr. Underwriter, Contract Binding (Hybrid...
- 4/23/2024 12:00:00 AM
AVP, Actuary - NA Analytic Advisory
- Marsh & McLennan Companies, Inc.
-
New York, NY
- Guy Carpenter's North American Actuarial Advisory team helps our clients deliver on growth and manage changing risk stra...
- 4/22/2024 12:00:00 AM
Business Development Actuary, Life & Annuity
- Marsh & McLennan Companies, Inc.
-
New York, NY
- Company: Guy Carpenter Description: Guy Carpenter's global Life and Annuity Reinsurance team helps our clients deliver o...
- 4/21/2024 12:00:00 AM
About Illinois
Illinois (/ˌɪlɪˈnɔɪ/ (listen) IL-ih-NOY) is a state in the Midwestern and Great Lakes region of the United States. It has the fifth largest gross domestic product (GDP),
the sixth largest population, and the 25th largest land area of all U.S. states. Illinois is often noted as a microcosm of the entire United States. With Chicago in northeastern Illinois, small industrial cities and immense agricultural productivity in the north and center of the state, and natural resources such as coal, timber, and petroleum in the south, Illinois has a diverse economic base, and is a major transportation hu...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Reinsurance Specialist jobs
$58,298 to $75,473
Most Popular Cities in Illinois for Reinsurance Specialist Jobs
What does a Reinsurance Specialist do?
Reinsurance Specialist in Salisbury, NC
Researches and analyzes various reinsurance alternatives as assigned.
January 13, 2020
Reinsurance Specialist in Muskegon, MI
To take on responsibility for internal & external reinsurance Statement of Accounts and give an oversight of external Reinsurance program and assist in the embedding of controlling quality assurance work.
December 03, 2019
Reinsurance Specialist in Fort Myers, FL
Soria, Rodriguez, Baker and Knopp bring their exceptional knowledge of Managed Care Reinsurance products and solutions for HMOs, health plans and provider organizations to EPIC.
December 24, 2019