Reporting to a Manager, Ceded Claims, Reinsurance Services, this position is responsible for the day to day reinsurance claim operations in North America. The ceded reinsurance billings are primarily proof billed but validation of all claims is required. Timely billings and collections of loss balances are a key element of the work. Provide accurate and complete billing packages; respond to reinsure and broker queries, resolve disputed claims and provide recommendations on compromised claims with a view to maximizes cash flow. The department provides business units and other constituencies with reliable and cost effective processing and reporting services.
Key Responsibilities:
Ensure claims are reported timely and in accordance with the reinsurance contract terms
Verify billings are completed timely and accurately
Track, Monitor and Collect open ceded loss recoverable balances
Report accurate status of billings and collections as required
Manage SOX functions and audit testing (Internal/External)
Support Chubb business units and interact with brokers/reinsurers
Proactively identify issues and recommend effective solutions
Provide assistance with the monthly close process
Strong writing and verbal communication skills
Excel skills
Strong aptitude for math
Proficient in all Microsoft applications (Word, Access, PowerPoint, etc.)
Ability to collaborate with other units within the department, the company and reinsurance partners.
Skills Required
- Strong written and verbal communication skills
- Microsoft Excel skills
- Strong aptitude for mathematics
- Proficiency in Microsoft applications, including Word, Access, and PowerPoint
- Ability to collaborate with internal departments and reinsurance partners
What We Do
Chubb is the world’s largest publicly traded property and casualty insurance company. With operations in 54 countries and territories, 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. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London, Paris and other locations, and employs 31,000 people worldwide. Additional information can be found at: chubb.com.
