- Appropriate and timely analysis, processing, noticing billing, answering queries and collection of ceded reinsurance on complex long-tail claims
- Independently and proactively manage assigned accounts, interact with direct claims team and interact/negotiate with reinsurers as necessary
- Ensure related financial records are accurate and internal controls are adhered to throughout the billing process
- Develop, and present to management, strategies for resolution of disputed billings through dispute management process
- Coordinate with and support the Ceded Collections Team and the legal team, with collections, dispute resolution, and management of Sch. F penalties
- Coordinate with and support actuarial and finance teams with establishing appropriate ceded and bad debt reserves
- Prepare and/or contribute to various management reports
- 4 year college degree and 10 years' experience notifying, billing and collecting complex, long-tail ceded reinsurance claims. Law degree a plus.
- Experience interpreting and analyzing the application of reinsurance contracts and underwriting and placing records.
- Experience managing or participating in disputed/litigated reinsurance matters.
- Significant reinsurance claim audit experience
- Ability to work independently
- Strong research and analytical skills
- Strong factual and persuasive writing skills
- Experience in negotiating disputed claims to final resolution
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AXA XL Ltd Exton, United StatesSenior Claims Specialist - Workers Comp · Exton, PA; Atlanta, GA; Dallas, TX; Chicago, IL; Los Angeles, CA; Walnut Creek, CA · DISCOVERyour opportunity · What will your essential responsibilities include? · •Active direction of high-value workers' compensation claims venued ...
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AVP, Ceded Reinsurance - Philadelphia, United States - Chubb
Description
Job DescriptionKEY OBJECTIVES
The Assistant Vice President Ceded Reinsurance Billings is responsible for all aspects of notifying, billing and collecting from reinsurers on complex direct accounts with limited guidance from the VP Ceded Reinsurance Billings and SVP Reinsurance. The Assistant Vice President Ceded Reinsurance will report directly to the VP of Reinsurance Billings.
JOB RESPONSIBILITIES
MINIMUM REQUIREMENTS
Chubb is a world leader in insurance. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance to a diverse group of clients. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally.
At Chubb, we are committed to equal employment opportunity and compliance with all laws and regulations pertaining to it. Our policy is to provide employment, training, compensation, promotion, and other conditions or opportunities of employment, without regard to race, color, religious creed, sex, gender, gender identity, gender expression, sexual orientation, marital status, national origin, ancestry, mental and physical disability, medical condition, genetic information, military and veteran status, age, and pregnancy or any other characteristic protected by law. Performance and qualifications are the only basis upon which we hire, assign, promote, compensate, develop and retain employees. Chubb prohibits all unlawful discrimination, harassment and retaliation against any individual who reports discrimination or harassment.
