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.
DESIRED QUALIFICATIONS
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