Job Description
The Reinsurance Claims Specialist is a key role within **MEMBERS ONLY**SIGN UP NOW*** America, offering an exciting opportunity for candidates with a diverse range of experience. This position involves administering **MEMBERS ONLY**SIGN UP NOW***'s rights and duties under its contracts with clients, vendors, reinsurers, retrocessionaires and insureds. The successful candidate will also be responsible for determining proper reserve needs, controlling loss exposures, and providing sound claim services to both internal and external clients. This is a highly collaborative role, with the opportunity for a 6-month job rotation within the first two years of employment.
**MEMBERS ONLY**SIGN UP NOW*** US (MR US) is a subsidiary of **MEMBERS ONLY**SIGN UP NOW***, the world's preeminent insurance and reinsurance brand. This offers the financial strength and stability necessary to support innovative solutions for clients across a wide range of industries. As a leading reinsurer, MR US has been addressing the key challenges of the future in the US property/casualty reinsurance market since 1917. Their focus on anticipating risks and delivering tailored solutions has led to sustained profitable growth.
The Reinsurance Claims Specialist will have a wide range of responsibilities, including confirming and interpreting the applicability of contracts to loss reports, developing and analyzing loss information, investigating and negotiating coverage issues, and implementing litigation management controls. They will also present claims before committees, verify billings and cash calls, and conduct claim reviews and compliance audits. In addition, they will be expected to identify and share information on legal and claims trends, proactively flag potential wording issues, and conduct research and projects as required.
To be successful in this role, candidates should have a Juris Doctorate from an accredited law school and prior legal experience. Knowledge and understanding of reinsurance, underwriting, contracts, and/or claims principles is a plus. Strong analytical and problem-solving skills, as well as an interest in using technology and data analytics to identify claims trends, are also important. The ability to work independently and in a team environment, superb time management skills, and excellent interpersonal and networking skills are essential. Proficiency with Microsoft Office software is required, and the ability to learn new and complex computer system applications is a plus.
At **MEMBERS ONLY**SIGN UP NOW***, diversity, equity, and inclusion are seen as a solution to the challenges and opportunities faced by the company. They strive to foster an inclusive culture and build a workforce that reflects the customers they serve and the communities in which they operate. **MEMBERS ONLY**SIGN UP NOW*** is an equal opportunity employer and is committed to providing a workplace where all colleagues feel respected, valued, and empowered to achieve their best every day. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the job.
In summary, the Reinsurance Claims Specialist role at **MEMBERS ONLY**SIGN UP NOW*** America offers an exciting opportunity for candidates with a JD and prior legal experience. This position involves administering contracts, determining reserve needs, controlling loss exposures, and providing claim services. It is a highly collaborative role within a financially stable and innovative company that values diversity, equity, and inclusion.
