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Claims Operations Specialist

Claims Operations Specialist

CompanyEverest
LocationChicago, IL, USA, Middlesex, NJ, USA
Salary$Not Provided – $Not Provided
TypeFull-Time
Degrees
Experience LevelMid Level

Requirements

  • A minimum of 4 years of claims or reinsurance operations experience.
  • Prior reinsurance experience required.
  • Proficient in MS Excel.
  • Strong oral and written communication skills.
  • Strong analytical, organizational and investigation skills.
  • Ability to create spreadsheets and enter information into database.
  • Ability to calculate reinsurance based on contract terms.
  • Knowledge of the insurance industry, claims and the legal and regulatory environment.

Responsibilities

  • Serve as a ceded reinsurance claim point of contact for internal claim department.
  • Report claims per reinsurance contract terms.
  • Develop external relationships with reinsurers.
  • Flag issues and escalate urgent matters to management.
  • Monitor incoming correspondence for material updates, assess potential severity and advise internal placement team.
  • Respond to reinsurance inquiries in a timely and professional manner.
  • Create and maintain claim identification and diary reports for workflow management.
  • Comply with all relevant state and federal regulations, as well as company policies and procedures.

Preferred Qualifications

  • Bachelor’s degree or equivalent work experience required.
  • Insurance industry designation(s)/certification(s) preferred.