TransRe

Claims Examiner - Fast Track

TransRe$70K — $100K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 2-5 years of insurance claims handling experience
  • Reinsurance experience is a plus
  • Strong analytical and writing skills
  • Ability to work well independently and within a team
  • Track record of maintaining timely and accurate deliverables in a fast-paced environment

Responsibilities

  • Review and handle fast track claim documents, including mail and financial transactions
  • Analyze insurance policies, claim files, and expert reports to confirm coverage
  • Establish and maintain accurate loss and expense reserves
  • Ensure timely and accurate claim payments
  • Complete running notes to track actions taken on claims and financial transactions
  • Maintain accurate claim records and documentation
  • Ensure compliance with regulatory requirements and internal audit standards

Benefits

  • Comprehensive benefits package
  • Paid time off
  • Incentive pay opportunity
  • Hybrid work schedule (3 days in office, 2 days remote)
  • Support for agile work schedules based on individual roles
Full Job Description

We have the following job opportunity in our New York City office:

Description

The Fast Track Claims Examiner will review and handle claim documents including mail and financial transactions that come through our fast track division. The fast track division processes high volumes of claims, requiring a combination of analytical precision, procedural discipline, and the ability to maintain accuracy under time pressure. Responsibilities include, but are not limited to:

  • Reviewing and handling fast track claim documents, including mail and financial transactions, within the unit’s authority and time parameters.
  • Analyzing underlying insurance policies, claim files, coverage opinions, expert reports, and legal billings to confirm coverage.
  • Establishing and maintaining accurate loss and expense reserves.
  • Ensuring timely and accurate claim payments.
  • Completing appropriate running notes to track actions taken on claims, including appropriate calculations for financial transactions.
  • Maintaining accurate and complete claim records, including field updates, running notes, financial calculations, and closing documentation.
  • Ensuring compliance with regulatory requirements, contractual obligations, and internal audit standards, and maintaining documentation and claim file integrity in accordance with company policies and best practices.

Requirements

  • 2-5 years of insurance claims handling experience
  • Reinsurance experience is a plus
  • Strong analytical and writing skills
  • Ability to work well independently and within a team
  • Track record of maintaining timely an accurate deliverables in a fast paced work environment

Work Schedule

TransRe is supportive of an agile work schedule, which may differ based on individual roles, your local office’s practices and preferences marketplace trends, and TransRe’s business objectives. This position is located in our New York City office and is eligible for a hybrid work schedule with 3 days in the office per week, and 2 days remote.

Compensation

In addition to base salary, for this position, TransRe offers a comprehensive benefits package, paid time off, and incentive pay opportunity. The anticipated annual base salary range in New York for this position, exclusive of benefits, paid time off, and incentive pay opportunity is $70,000 - $100,000 This range is an estimate and the actual base salary offered for this position will be determined based on certain factors, including the applicant’s specific skill set and level of experience.

About TransRe

TransRe is a leading global reinsurer with over 40 years of experience in the industry. The company provides reinsurance solutions to insurance companies in over 100 countries. TransRe offers a wide range of products and services, including property, casualty, specialty, and accident and health reinsurance. The company is known for its innovative solutions and strong financial ratings. TransRe is a subsidiary of Alleghany Corporation, a Fortune 500 company.
Learn more about TransRe
Size
1,000 employees
Industry
Founded
1977

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