Reinsurance Specialist II
Chubb Security
Reporting to an AVP of Ceded Claims in Reinsurance Services, this position is responsible for the collection of ceded recoverable as assigned. Analyst will be responsible for collecting ceded recoverable balances; verifying that billing packages are accurate and complete; follow up for receipt by the direct market/broker; respond to reinsure and broker queries; resolve disputed claims and provide recommendations on claims that may require a compromise with a view to maximizes cash flow.
Key Responsibilities
Diary billings for receipt by reinsurers on a timely basisOrganize and prioritize collection balances by age and sizeMonitor and manage query mailbox and distribute incoming workflow appropriatelyFollow up on collection of balances on regular basisResolve issued as presented by reinsurers/brokersReport collections accurately to senior management on a regular basisElevate claims as needed for management interventionProactively identify issues and recommend effective solutionsDevelop strategies for collections at both a market level as well as a claim levelAssist with the monthly close processWork with accounting to ensure accurate and timely cash application Attend monthly broker/ market, senior management, and team collections meeting to discuss open balances and strategiesExcellent written and verbal communication skillsExcellent Excel skillsProficient in all Microsoft applications (Word, Access, PowerPoint, etc.)Demonstrate ability to collaborate with other units within the department, the company, and reinsurance partners.
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