NextEra Energy

Assumed Reinsurance Claims Account Manager

NextEra Energy$80K — $110K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree or equivalent experience required
  • 7+ years relevant experience in reinsurance claims management
  • In-depth understanding of policy forms, treaties, and regulatory requirements
  • Strong analytical and negotiation skills
  • Excellent communication skills with ability to collaborate across departments
  • Ability to resolve complex claims with minimal supervision
  • Experience managing teams and handling third-party relationships

Responsibilities

  • Manage and process complex assumed reinsurance claims
  • Review and validate claims for accuracy and compliance
  • Coordinate reinsurance recoveries and manage submissions
  • Analyze claim data to assess recovery potential
  • Act as primary contact for brokers and internal stakeholders
  • Prepare and present claims reports and updates
  • Support internal audits and continuous process improvement

Benefits

  • Comprehensive health and wellness benefits
  • Retirement savings plans
  • Employee assistance programs
  • Support for professional development and growth
  • Work-life balance initiatives
  • Relocation assistance available if applicable
Full Job Description
Position Specific Description

The ideal candidate for this position will be able to handle and adjust assumed reinsurance claims that may be complex in nature on behalf of Palms Insurance Company, Palms Specialty Insurance Company and Sabal Specialty Insurance Company. It is expected that the Reinsurance Claims Account Manager will be responsible for the following:
  • Assumed Reinsurance Claims Management & Processing
  • Review and validate assumed reinsurance claims to ensure accuracy and adherence to contract terms and conditions.
  • Coordinate the submission, tracking, and resolution of reinsurance recoveries, including facultative and treaty claims.
  • Analyze claim data and documentation to confirm reinsurance applicability and recovery potential.
  • Maintain accurate records of outstanding recoverable and settlements in the claims management system.
  • Account Management & Communication
  • Act as the primary point of contact for brokers, reinsurers, and internal stakeholders regarding reinsurance claims.
  • Collaborate with underwriting, finance, and legal teams to resolve discrepancies or disputes.
  • Manage and reconcile claim statements and bordereaux with counterparties.
  • Facilitate regular status updates, claim summaries, and audit support for reinsurance partners.
  • Analysis & Reporting.
  • Prepare reports on claims activity, recovery performance, and outstanding balances.
  • Support financial close processes through timely and accurate reinsurance claims data.
  • Identify trends or potential exposure issues and recommend process improvements.
  • Ensure all claims handling adheres to internal policies, reinsurance contracts, and regulatory requirements.
  • Support internal and external audits, providing documentation and reconciliations as needed.
  • Contribute to continuous improvement of claims and reinsurance processes and systems.
  • Perform other job-related duties as assigned and necessary.


Qualified candidates will possess the following skills/capabilities:
  • Ability to work in a fast-paced startup environment.
  • Demonstrate an in-depth understanding of coverage issues, policy forms, reinsurance treaties, facultative certificates, contracts, regulatory requirements, and changing legal landscape.
  • Understanding of technical claims proficiency and execution of Best Claims Practices.
  • Excellent analytical/negotiation skills.
  • Excellent communication and writing skills with a strong business acumen and ability to collaborate with other departments, business partners and vendors.
  • Ability to resolve complex claims with minimal supervision.
  • Good critical and analytical thinking, advocacy and negotiation skills.


Job Overview

The position is responsible for managing insurance activities related to claims, including investigation, evaluation, negotiations and settlement of claims, as well as managing third-party relationships involved in the claims process.

Job Duties & Responsibilities

  • Manages claims offices including investigation, evaluation, negotiation and settlement of claims as well as managing third-party relationships that involve claims
  • Manages internal team of claims analysts to support claims activities and works with claims adjusters to assign claim value
  • Reports claims status, updates and resolution to appropriate financial and reporting team members
  • Presents claims status, updates and resolution for quarterly reporting
  • Performs other job-related duties as assigned


Required Qualifications

  • Bachelor's or Equivalent Experience
  • Experience: 7+ years


Preferred Qualifications

  • None


NextEra Energy offers a wide range of benefits to support our employees and their eligible family members. Click here to learn more.

Employee Group: Exempt
Employee Type: Full Time
Job Category: Finance, Accounting & Business Analytics
Organization: Palms Management Services, LLC
Relocation Provided: Yes, if applicable

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About NextEra Energy

A growth-oriented limited partnership formed by NextEra Energy, Inc., NextEra Energy Partners, LP (NYSE: NEP) acquires, manages, and owns contracted clean energy projects with stable, long-term cash flows. They own interests in wind and solar projects in North America, as well as natural gas infrastructure assets in Texas. Renewable energy projects are fully contracted, use technology, and are located in regions that are favorable for generating energy from the wind and sun. The seven natural gas pipelines in the portfolio are all strategically located, serving power producers and municipalities in South Texas, processing plants and producers in the Eagle Ford Shale, and commercial and industrial customers in the Houston area. The NET Mexico Pipeline, the largest pipeline in the portfolio, provides a critical source of natural gas transportation for low-cost, U.S.-sourced shale gas to Mexico.

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Learn more about NextEra Energy
Size
15,000 employees
Market Cap
$6.1 billion
Industry
Net Income
-$51 million
Founded
2014
5 Year Trend
+4.9%
Revenue
$917 million
NASDAQ

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