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Senior Reinsurance Claims & Operations Specialist

JOB SNAPSHOT: 
Employee Type:  Full-Time
Location: 

Rocky Hill, CT, US, 06067

Job Type:  Administrative
Secondary Location: 
Years of Experience: 

Ryan Re is looking for a Senior Reinsurance Claims & Operations Specialist to join our Rocky Hill, CT team. We are a fast paced, energetic and rapidly growing organization that offers a great opportunity for someone interested in further developing their career. Ryan Specialty has been named one of America’s Most Loved Workplaces by Newsweek, and has been named 2021 top Insurance Employer by Insurance Business America.

Position Summary:

The Ryan Re Claims and Operations Specialist will be part of the Reinsurance Operations team and will work closely with our Claims/Operations team with their primary focus on Reinsurance Claims Handling as well as supporting the Reinsurance Operations functions of UW administration and Reinsurance Technical Accounting. The position reports to the COO/Head of Claims. 

Essential Functions:

  • Directly handling the receipt, recording and settlement of Excess of Loss reinsurance claims
  • Accurately capture information on the status of a Excess of Loss claims and provide monitoring functions on claim information reported on proportional contracts.
  • Understanding and capturing pertinent Claim details/data and confirming coverage on reinsurance programs/layers to accurately record exposures on a per claim basis as well as monitor aggregation of catastrophe loss. 
  • Ability to provide input and support to Ryan Re as we build our reinsurance systems and processes. 
  • In addition to support on Claims, the individual will also assist in the support of our program reinsurance business for both Nationwide Mutual and Geneva Re which flow through Ryan Re.
  • Position includes some direct communication with brokers/cedents in support of the underwriting team.
  • Participation in client reinsurance claim audits as required. 

Education/Experience/Skills:

  • Bachelor’s degree or equivalent combination of education and experience.
  • Minimum of 5 years reinsurance Claims/Operations experience, preferably on both the property and casualty.
  • Technologically savvy and data driven.
  • Ability to work in a fast-paced environment.
  • Attention to detail.
  • Excellent communication skills.
  • Ability to work in a highly automated, paperless environment, including specialized reinsurance policy admin/account software packages. Experience with SICS NT a plus.
  • Basic computer skills including MS Office Suite. Ability to communicate orally and in writing with others to explain complex issues, receive and interpret complex information, and respond appropriately.
  • Ability to understand written and oral communication and interpret abstract information.
  • The individual will be required to proactively manage their time and workload to meet tight deadlines supporting claim payments to our clients and the requirements of the Reinsurance Operations team.

Disclaimer

Ryan Specialty Group is an Equal Opportunity Employer


Nearest Major Market: Hartford

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