About Us
Since 1977 we have delivered first class solutions to insurers worldwide, by combining global reach with local decision making. We have built customer & broker relationships on years of trust, experience and execution. Through our people, our products and our partnerships, we deliver the capacity and expertise necessary to contribute to the sustainable growth of prosperous communities worldwide. To do so, our colleagues work with:
Integrity Work honestly, to enhance TransRe’s reputation
Respect Value all colleagues. Collaborate actively.
Performance We reward excellence. Be accountable, manage risk and deliver TransRe’s strengths
Entrepreneurship Seize opportunities. Innovate for and with customers.
Customer Focus Anticipate their priorities. Exceed their expectations.
We have the following job opportunity in our New York City office:
Description
The Fast Track Claims Examiner will review and handle claim documents including mail and financial transactions that come through our fast track division. The fast track division processes high volumes of claims, requiring a combination of analytical precision, procedural discipline, and the ability to maintain accuracy under time pressure. Responsibilities include, but are not limited to:
- Reviewing and handling fast track claim documents, including mail and financial transactions, within the unit’s authority and time parameters.
- Analyzing underlying insurance policies, claim files, coverage opinions, expert reports, and legal billings to confirm coverage.
- Establishing and maintaining accurate loss and expense reserves.
- Ensuring timely and accurate claim payments.
- Completing appropriate running notes to track actions taken on claims, including appropriate calculations for financial transactions.
- Maintaining accurate and complete claim records, including field updates, running notes, financial calculations, and closing documentation.
- Ensuring compliance with regulatory requirements, contractual obligations, and internal audit standards, and maintaining documentation and claim file integrity in accordance with company policies and best practices.
Requirements
- 2-5 years of insurance claims handling experience
- Reinsurance experience is a plus
- Strong analytical and writing skills
- Ability to work well independently and within a team
- Track record of maintaining timely an accurate deliverables in a fast paced work environment
Work Schedule
TransRe is supportive of an agile work schedule, which may differ based on individual roles, your local office’s practices and preferences marketplace trends, and TransRe’s business objectives. This position is located in our New York City office and is eligible for a hybrid work schedule with 3 days in the office per week, and 2 days remote.
Compensation
In addition to base salary, for this position, TransRe offers a comprehensive benefits package, paid time off, and incentive pay opportunity. The anticipated annual base salary range in New York for this position, exclusive of benefits, paid time off, and incentive pay opportunity is $70,000 - $100,000 This range is an estimate and the actual base salary offered for this position will be determined based on certain factors, including the applicant’s specific skill set and level of experience.
We are an Equal Opportunity Employer (EOE) and we support diversity in the workforce.
Skills Required
- 2-5 years of insurance claims handling experience
- Reinsurance experience
- Strong analytical and writing skills
- Ability to work independently and within a team
- Track record of maintaining timely and accurate deliverables in a fast paced environment
What We Do
We are a leading international reinsurance organization headquartered in New York with operations worldwide. We offer reinsurance capacity on both a treaty and facultative basis. We built our business on the principles of capacity, reliability, expertise and creativity to deliver the risk transfer solutions you need to support your business. We work closely with you, listening and asking to understand your strategic objectives, and offering you the full spectrum of property and casualty products, services and support to help you grow and succeed. We have dedicated teams of local professionals near you and we build relationships based on the fundamental promise that we will be here when you need us. We have the ability and willingness to pay your claims. We are members of the Berkshire Hathaway group of companies. We value risk. Our Core Values are woven into our key employment policies and procedures: Integrity - Work honestly. Enhance our reputation. People - Develop diverse talent. Reward excellence. Customer Focus - Anticipate their priorities. Exceed their expectations. Respect - Value all colleagues. Collaborate with one another. Entrepreneurship - Seize opportunities. Innovate for and with customers. Performance - Be accountable. Manage risks. Deliver our strength. For immediate and confidential consideration, please email your resume to [email protected].
