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    Chubb Fire & Security

    Fire Protection

    Reinsurance Claim Specialist

    Philadelphia, United StatesOn-SiteFull-timePosted 3w ago
    All Chubb Fire & Security jobs

    Job description

    Reporting to a Manager, Ceded Claims, Reinsurance Services,  this position is responsible for the day to day reinsurance claim operations in North America.  The ceded reinsurance billings are primarily proof billed but validation of all claims is required.  Timely billings and collections of loss balances are a key element of the work.  Provide accurate and complete billing packages; respond to reinsure and broker queries, resolve disputed claims and provide recommendations on compromised claims with a view to maximizes cash flow.  The department provides business units and other constituencies with reliable and cost effective processing and reporting services.  

    Key Responsibilities:

    • Ensure claims are reported timely and in accordance with the reinsurance contract terms 

    • Verify billings are completed timely and accurately 

    • Track, Monitor and Collect open ceded loss recoverable balances

    • Report accurate status of billings and collections as required

    • Manage SOX functions and audit testing (Internal/External) 

    • Support Chubb business units and interact with brokers/reinsurers

    • Proactively identify issues and recommend  effective solutions

    • Provide assistance with the monthly close process

    Qualifications

    • Strong writing and verbal communication skills

    • Excel skills

    • Strong aptitude for math 

    • Proficient in all Microsoft applications (Word, Access, PowerPoint, etc.)

    • Ability to collaborate with other units within the department, the company and reinsurance partners

    About Us

    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.

    Job details are sourced from the employer's original posting.

    Open job posting
    CH

    About the company

    Chubb Fire & Security

    Vipond Fire Protection, part of Chubb Fire & Security, now has an opportunity for a Sprinkler Design Engineer for a remote opportunity. Following recent business wins were keen to add to our Engineering team to manage fire protection systems locally to Bruntwood. This role can be office based, hybrid or remote depending on circumstances.

    View all Chubb Fire & Security jobs
    Industry
    Fire Protection
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