Junior Claims Analyst – Reinsurance

Responsibilities

• Assess, prioritize, and route incoming claims communications based on urgency and complexity across the reinsurance claims team
• Setting up first notices of loss
• Communicate with brokers regarding reinsurance claims
• Adjust and process daily reinsurance claim activity across a variety of classes based on contract terms
• Examine new and existing reinsurance claims
• Evaluate actual and potential exposures, and recommend accurate and timely reserves and payments
• Collaborate with other functions across the company to provide periodic updates on reinsurance claim matters
• Prepare reports and communicate findings in regular claim meetings
• Update and maintain claim records within claims systems to ensure accuracy and completeness
• Determine coverage for straightforward claims by reviewing applicable policy terms and conditions
• Ensure compliance with internal corporate guidelines, processes and procedures
• Identify opportunities for process improvements within claims workflows

• Bachelor’s degree or equivalent work experience preferred
• 1 to 5 years’ experience in claims administration, (re) insurance operations, or a related field preferably within the insurance and/or reinsurance industry
• Attention to detail with the ability to handle high volumes of data accurately
• Ability to prioritize and manage deadlines
• Strong analytical and problem-solving abilities
• Excellent written and verbal communication skills
• Willingness to develop varied skills and knowledge within a fast-paced and growing insurance and reinsurance company
• Proficiency in Microsoft Office suite and database systems, with strong working knowledge of PowerPoint and Excel
• Knowledge of Image Right, SICS or a similar claims system is an advantage
• Ability to incorporate changing processes with AI adoption