POSITION SUMMARY:
The Junior Claims Analyst will provide support to the group claims team on a day to day basis. This role will also need to develop a working understanding of claim processes and procedures.
PRINCIPAL ACCOUNTABILITIES:
Help with handling claims arising from a variety of classes of business including Casualty, Specialty and Property.
Support the investigation and handling of all claims in accordance with company standards and procedures.
Help ensure claims systems are kept up to date in a timely manner.
Support the promotion of compliance with best practice for all aspects of claims management.
Assist Underwriters in renewal meetings as required.
Provide feedback to Underwriters from a Claims perspective.
Help to ensure all handled claims are properly processed and reserved. Ensures alignment and compliance with Global reserving practices and strategy.
Support claims team members in participation of claims audits.
EXPECTED COMPETENCIES:
At least 1 to 2 years prior relevant experience (re)insurance or financial services industry is preferred.
Vocational or technical education in addition to prior work experience preferred.
Willingness to pursue further education.
Applies strong technical skills to achieve results.
Obtains feedback, learns from others’ experiences and takes responsibility for honing skills to improve job performance.
Regularly shares information and engages in dialogue with manager and peers
Ability to work collaboratively within a team environment and multi-task in a timely, accurate manner
Consistently meets expectations excels when it matters most and responds quickly and effectively to resolve issues.
Remains open to new thinking and ideas, and views situations from multiple perspectives.
Knowledge of Microsoft Office applications (Outlook, Word, Excel)
Strong mathematical, analytical, and problem-solving skills.
Strong communication skills (oral and written)
Excellent organisation skills & strong work ethic
Willingness to pursue further education e.g. CPCU, AIC etc
Our people are our most valuable resource and core to our success. This is a fast-paced business environment, demanding a strong work ethic and a results-oriented approach. We offer competitive compensation and benefits, a comprehensive talent development program, and a reward system in which employees share in the success of the company. We are an engaged member of the communities in which we live and work and have a locally-led giving philosophy with generous employee matching program, global and local community grants and employee volunteerism.We seek diversity, create equity, and practice inclusion. Our people are at the heart of everything we do. We are an equal opportunity employer. We provide equal opportunity to all qualified individuals regardless of race, color, religion, national origin, sex, sexual orientation, gender identity, marital status, pregnancy, disability, military status or other legally protected categories.
Skills Required
- 1 to 2 years prior relevant experience
- Vocational or technical education
- Strong technical skills
- Strong mathematical, analytical, and problem-solving skills
- Strong communication skills
What We Do
RenaissanceRe is one of the world’s leading reinsurance companies, consistently recognised for our innovation, technical excellence and creative problem-solving. Our clients are multi-national organizations and government entities who turn to us to help manage the risks of operating in a volatile and uncertain world, including climate change, natural hazards like wildfires and hurricanes, cyber threats and significant societal upheaval. We’re proud of our world-class reputation for exceptional performance and being a trusted partner, there for our clients when it matters most. Our corporate purpose is to protect communities and enable prosperity. When disaster strikes, the claims we pay help keep businesses open and communities rebuild. Ensuring that our technology ecosystem can anticipate and respond to unprecedented global change in the world order is an imperative. It is only through continuously seeking to innovate through transformative technology that we can deliver our strategic business priorities, aims, and objectives. RenaissanceRe’s name comes from our founders’ intention to create a renaissance in quantifying and managing risk. Our success depends on the unique way we combine information, experience and technology to empower our decisions. We have developed new and cutting-edge technologies since the day we started in 1993 and have long been recognized as pioneers and technical innovators; designing and engineering solutions to rapidly serve clients and help them dynamically manage their business
