Reinsurance Specialist jobs in Virginia
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
Ceded Reinsurance Manager
- Vantage Risk Companies
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Alexandria, VA
FULL_TIME
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About the Company
Vantage Group Holdings Ltd. (Vantage) was established in late 2020 as a re/insurance partner designed for the future. Driven by relentless curiosity, our team of trusted experts provides a fresh perspective on our clients’ risks. We add creativity to tech-enabled efficiency and robust analytics to address risks others avoid. Vantage provides specialty re/insurance through its operating subsidiaries in Bermuda and the U.S.
Vantage has approximately 280 colleagues in both the United States and Bermuda. We have offices in Chicago, IL, Norwalk, CT, Alexandria, VA, Boston, MA, New York, NY and Hamilton, Bermuda. Additionally, we are a highly geographically diverse workforce with colleagues based in 25 states and counting. We fully support work flexibility including remote and hybrid work arrangements.
About the role
This role will manage the execution aspects of the company's ceded reinsurance program. This includes coordinating all ceded reinsurance activities with internal and external stakeholders, ensuring compliance with regulatory requirements, maintaining accurate and up-to-date records, and providing timely and accurate reports.
This role is a remote or hybrid opportunity based in one of Vantage’s office locations. Vantage’s US colleagues can work anywhere in the United States (excluding US territories and possessions).
The base salary expectation for this role is between $130,000 and $210,000. The actual base salary for the selected candidate may be higher, commensurate with the candidate's experience and expectations. Additionally, Vantage offers its colleagues performance-based bonus potential, strong health & welfare benefits, retirement plans with company match, competitive time off plans, a highly flexible work environment, and much more.
Responsibilities & Accountabilities- Manage execution of the company's ceded reinsurance program, including coordination with internal and external stakeholders to ensure effective communication and collaboration.
- Maintain a deep understanding of the company's ceded reinsurance arrangements, including policy terms, contract provisions, and claims processes for pre- and post-placement activities.
- Ensure that all ceded reinsurance activities follow regulatory requirements, including maintaining appropriate documentation and reporting as necessary.
- Develop and maintain strong relationships with business units, finance, legal, reinsurance brokers, and other stakeholders to ensure effective and efficient execution of ceded reinsurance transactions.
- Provide timely and accurate reports on the company's ceded reinsurance activities and status.
- Continuously monitor and analyze the company's ceded reinsurance process, identifying opportunities for improvement and implementing process enhancements as appropriate.
- Bachelor's degree in business, finance, or a related field.
- Minimum of 5 years of experience in ceded reinsurance operations, preferably in a property and casualty insurance environment.
- Strong knowledge of reinsurance concepts and practices, including treaty and facultative reinsurance, loss reserve calculations, and claims management.
- Excellent communication and interpersonal skills, proven to build and maintain relationships with internal and external stakeholders.
- Strong analytical and problem-solving skills, focusing on attention to detail and accuracy.
- Proficiency in Microsoft Office applications, particularly Excel and PowerPoint.
- Ability to work independently and as part of a team, effectively managing multiple priorities and deadlines.
- Professional designation such as CPCU, ARM, or ARe is preferred but not required.
- Ability to process and adapt to change in a rapidly growing new-company environment. Vantage associates are expected to be curious, thrifty, and resourceful to manage through the unknowns of growing a specialty (re)insurance business from the ground up.
In connection with our business, Vantage may collect and process your personal data. For further information regarding how we use this data, please see our online privacy notice at https://www.vantagerisk.com/privacy-policy/
ADA Notice: All applications shall be submitted online through our applicant tracking system. Candidates needing reasonable disability accommodation to enable them to apply and/or fully participate in the selection process are encouraged to email recruiting@vantagerisk.com with the subject Candidate ADA Request detailing their needs. Please note the above email box is for candidates needing reasonable disability accommodation only, emails submitting resumes will not be considered and those seeking application status updates will go unanswered. - 8 Days Ago
Bankruptcy Specialist
- Technology Support Specialist
-
Allen, VA
CONTRACTOR
- Basic Qualifications for Consideration: Monitor loans in Bankruptcy to ensure the debtor is in compliance with the bankruptcy plan and that Mortgage adheres to investor, state, federal and bankruptcy ...
- 12 Days Ago
Billing Specialist
- Verdi Eye Specialist
-
Norfolk, VA
FULL_TIME
- Responsibilities:- Review and process medical billing claims- Verify accuracy of patient demographic and insurance information- Ensure compliance with coding and billing regulations- Resolve billing d...
- 2 Months Ago
Lawn Specialist - Earn $13-$22/Hour + Benefits
- TruGreen - Lawn Specialist
-
Herndon, VA
FULL_TIME
- TruGreen is Now Hiring Lawn Specialists! Earn Up to $22.00 per Hour - Comprehensive BenefitsAt TruGreen, we are committed to our customers, our teams, our values, and the science of lawn care. A caree...
- 7 Days Ago
Lawn Specialist - Earn $13-$22/Hour + Benefits
- TruGreen - Lawn Specialist
-
Centreville, VA
FULL_TIME
- TruGreen is Now Hiring Lawn Specialists! Earn Up to $22.00 per Hour - Comprehensive BenefitsAt TruGreen, we are committed to our customers, our teams, our values, and the science of lawn care. A caree...
- 7 Days Ago
Lawn Specialist - Earn $13-$22/Hour + Benefits
- TruGreen - Lawn Specialist
-
Ashburn, VA
FULL_TIME
- TruGreen is Now Hiring Lawn Specialists! Earn Up to $22.00 per Hour - Comprehensive BenefitsAt TruGreen, we are committed to our customers, our teams, our values, and the science of lawn care. A caree...
- 7 Days Ago
Reinsurance Specialist jobs at Popular Companies
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 ...
- 4/19/2024 12:00:00 AM
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...
- 4/19/2024 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 ...
- 4/19/2024 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...
- 4/18/2024 12:00:00 AM
Oliver Wyman - Executive Assistant - Raleigh
- Marsh & McLennan Companies, Inc.
-
Raleigh, NC
- Company: Oliver Wyman Description: About Oliver Wyman Oliver Wyman is a global leader in management consulting. With off...
- 4/18/2024 12:00:00 AM
Oliver Wyman - Executive Assistant - Raleigh, NC
- Oliver Wyman
-
Raleigh, NC
- About Oliver Wyman Oliver Wyman is a global leader in management consulting. With offices in more than 70 cities across ...
- 4/16/2024 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 ...
- 4/15/2024 12:00:00 AM
Oliver Wyman - HR Coordinator - Chicago
- Marsh & McLennan Companies, Inc.
-
Chicago, IL
- Company: Oliver Wyman Description: About Oliver Wyman Oliver Wyman is a global leader in management consulting. With off...
- 4/15/2024 12:00:00 AM
About Virginia
Virginia (/vərˈdʒɪniə/ (listen)), officially the Commonwealth of Virginia, is a state in the Southeastern and Mid-Atlantic regions of the United States located between the Atlantic Coast and the Appalachian Mountains. Virginia is nicknamed the "Old Dominion" due to its status as the first English colonial possession established in mainland North America and "Mother of Presidents" because eight U.S. presidents were born there, more than any other state. The geography and climate of the Commonwealth are shaped by the Blue Ridge Mountains and the Chesapeake Bay, which provide habitat for much of ...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Reinsurance Specialist jobs
$57,158 to $73,998
Most Popular Cities in Virginia 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