Investigate, analyze, and process reinsurance accounts. Determine balances due to and from brokers, reinsureds or reinsurers, notifies and pursues outstanding, assumed, and ceded balances in accordance with applicable reinsurance contract terms and conditions.
*** Work on assumed and ceded reinsurance accounts for recovery of outstanding assumed and ceded balances due.
*** Research, interpret and analyze facts and apply insurance and reinsurance concepts to understand coverage and income or liability issues.
*** Provide auditors with requested documentation regarding reinsurance claims.
*** Prepare monthly disbursement file for payments, recommend a final payout after account reconciliation.
*** Perform account reconciliation including comparison of internal and external records including broker websites, data repositories, payment and account current statements.
*** Strong knowledge of reinsurance claims principles, practices and procedures.
*** B.S. in Accounting or Finance. CPCU or ARE designations a plus, but not necessary.
*** 2+ years of accounting or reinsurance experience.
Excellent company life with family oriented environment, competitive compensation plan with salary commensurate with experience and annual bonus. Full health benefits as well as life and liability insurance. Tuition reimbursement for continued education, paid training, company matched 401(k) and generous paid time off for personal and sick days, vacations and holidays.
Education Requirements: Bachelor DegreeMinimum Experience Requirements: 2-5 yearsJob City Location: BostonJob State Location: MAJob Country Location: USA
DISCLAIMER: We will make every effort to consider applications for all available positions and shall use one or more of the contact methods and addresses indicated in resume or online application. Indicated location may be proximate or may be desirable point of embarkation for paid or unpaid relocation to another venue. Job descriptions may fit single or multiple presently available or anticipated positions and are NOT an offer of employment or contract implied or otherwise. Described compensation is not definite nor precise and may be estimated and approximate and is negotiable depending on market conditions and candidate availability and other factors and is solely at the discretion of employers. Linguistics used herein may use First Person Singular and First Person Plural grammatical person construction for and with the meaning of Third Person Singular and Third Person Plural references. We reserves the right to amend and change responsibilities to meet business and organizational needs as necessary. Response to a specific posting or advertisement may result in consideration for other opportunities and not necessarily the incentive or basis of the response. Nothing herein is or may be considered a promise, guarantee, offer, pledge, agreement, contract, or oath.