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Ceded Reinsurance Specialist @Genpact IT

[Hiring] Ceded Reinsurance Specialist @Genpact IT

Apr 08, 2025 - Genpact IT is hiring a remote Ceded Reinsurance Specialist. 💸 Salary: $80,000 to $90,000. 📍Location: USA.

This description is a summary of our understanding of the job description. Click on 'Apply' button to find out more.

Role Description

The Ceded Reinsurance Specialist plays a crucial role in managing and analyzing ceded reinsurance to protect the company's portfolio of insurance operations. This position requires strong analytical skills, attention to detail, and excellent communication abilities to collaborate effectively with key stakeholders within the company.

  • Manage existing or standard accounts with minimal supervision, complete complex assignments
  • Manage customer expectations
  • Communicate with clients, prospects, account teams, and sales teams
  • Work within the scope of the Statements of Work and adhere to the Master Service Agreement
  • Contribute to account strategy, including revenue forecasting
  • Prepare and review assigned account work for accuracy and completeness
  • Maintain accurate and complete files
  • Ensure procedures and service standards are documented and updated as changes occur
  • Participate in and/or support onboarding of new accounts
  • Compile information to monitor, control and report internal account metrics used by management for profitability and productivity
  • Competence with documenting, flowcharting and project management tools and procedures
  • Participate in process optimization
  • Manage and analyze large and complex datasets, including ability to recognize and understand data irregularities that may flag processing issues
  • Participate in due diligence efforts and presentations to clients or prospects as needed
  • Help identify potential new business opportunities from existing clients
  • Provide guidance to junior team members
  • Conduct special projects and additional job-related duties as needed

Qualifications

  • Advanced skills with MS Office suite of products (Excel, Access and PowerPoint), SQL experience a plus
  • In depth knowledge of interpreting reinsurance contract wording and knowledge of cession calculation for Quota Share, FAC, Excess of Loss and CAT treaties
  • Aptitude and interest in re/insurance systems and working with large data sets
  • Ability to think strategically and analytically and make independent decisions
  • Excellent organization, prioritization and time management skills
  • Ability to meet deadlines and work in a fast-paced environment
  • Accuracy, thoroughness, and strong attention to detail
  • Results oriented, self-motivated team player with the ability to take initiative
  • Prior management experience

Requirements

  • Bachelor’s degree (BA/BS) or equivalent experience
  • Minimum of four years of experience in the ceded reinsurance industry
  • Expertise in one or more of the following disciplines:
    • Interpreting Ceded Reinsurance Contract wordings
    • Ceded Reinsurance Claims (QS, FAC, XOL, CAT)
    • Accounting
    • Project Management
  • Industry designations (such as ARe or CPCU) preferred and/or strongly encouraged

Benefits

  • This is a remote, work from home position.
  • The approximate annual base compensation range for this position is $80000 to $90000.
  • The actual offer, reflecting the total compensation package plus benefits, will be determined by a number of factors which include but are not limited to the applicant’s experience, knowledge, skills, and abilities; geographic location; and internal equity.

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📍 Be aware of the location restriction for this remote position: USA
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Back to Remote jobs  >   Finance / Legal
Ceded Reinsurance Specialist @Genpact IT
Finance / Legal
Salary 💸 $80,000 to $90,000
Remote Location
USA
Job Type full-time
Posted Apr 08, 2025
Apply for this position Unlock 54,583 Remote Jobs
️
📍 Be aware of the location restriction for this remote position: USA
‼ Beware of scams! When applying for jobs, you should NEVER have to pay anything. Learn more.
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