Ceded Reinsurance Analyst (Finance)
JOB DESCRIPTION
Ceded Reinsurance Analyst II
Philadelphia, PA
Chubb is the world's largest publicly traded property and casualty insurer. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally.
KEY OBJECTIVES
The Ceded Reinsurance Billing Analyst II, Brandywine Division, is responsible for all aspects of notifying, billing and collecting from reinsurers on long-tail accounts with guidance from, and direct reporting to, an AVP Ceded Reinsurance or the VP Ceded Reinsurance.
JOB RESPONSIBILITIES
- Appropriate and timely analysis, processing, billing and collection of ceded reinsurance on long-tail claims
- Ensure related financial records are accurate and internal controls are followed
- Coordinate with and support actuarial and finance teams for reserve review and bad debt reserves
- Coordinate and support the Collections Team and the legal team with collections and management of Schedule F Penalties
- Maintains rigid diary system resulting in timely billing and continuous targeted collection efforts on aged balances
MINIMUM REQUIREMENTS
- 4 year college degree and at least some experience or familiarity with long tail claims, either direct, ceded or assumed; or 3-5 years' experience notifying, billing or collecting ceded reinsurance claims.
- Experience interpreting and analyzing the application of reinsurance treaties and certificates.
- Detail-oriented.
- Excellent at working to deadlines under pressure.
- Significant knowledge of Excel and data management tools
- Working knowledge of Microsoft Office utilities
- Strong research and analytical skills.
- Strong factual and persuasive writing skills
- Strong interpersonal skills
ABOUT US
Chubb is a world leader in insurance. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance to a diverse group of clients. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally.
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 retaliation against any individual who reports discrimination or harassment.
