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Reinsurance Claim Examiner

Reinsurance Claim Examiner

EverestWarren, NJ, US
30+ days ago
Job type
  • Full-time
Job description

Reinsurance Claim Examiner

Everest Group, Ltd. (Everest), is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in North America, Latin America, the UK & Ireland, Continental Europe and Asia Pacific regions. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Our most critical asset is our people. We offer dynamic training & professional development to our employees. We also offer generous tuition / continuing education reimbursement programs, mentoring opportunities, flexible work arrangements, and Colleague Resource Groups.

Everest Reinsurance, a member of Everest, has an opportunity for an experienced claims professional or attorney to join our best-in-class Reinsurance Claim team. This individual will manage a pending of assumed reinsurance claims including multiple lines of business and geographies.

Responsibilities include but are not limited to :

  • Confirming coverage under the relevant policy and reinsurance contract.
  • Investigating, analyzing and evaluating liability and damages.
  • Preparing case summary reports related to matters of significant reserve and trial activity.
  • Ensuring prompt payment of claims and the timely setting of appropriate case reserves.
  • Participate in claim reviews of ceding company files, processes and procedures.
  • Working with underwriters in supporting reinsurance contract wording, reporting claim trends, data analysis, and risk assessments.
  • Extensive communication with ceding companies, brokers, actuaries, and underwriters.
  • Attending client meetings and industry functions to support retention and development of client relationships and business.

The well qualified candidate will have :

  • Three to five years of commercial lines claim adjusting experience and / or reinsurance claim experience.
  • Knowledge of the insurance industry, claims process and legal and regulatory environment.
  • Strong analytical and organizational skills.
  • Excellent verbal and written communication skills.
  • Ability to think strategically.
  • Ability to identify and use relevant data and metrics to best manage claims.
  • Collaborative mind-set and willingness to work with people outside immediate reporting hierarchy to improve processes and generate optimal departmental efficiency.
  • Ability and willingness to present to senior management and to others in other group settings.
  • Some knowledge of reinsurance preferred but not required, training provided.
  • Interest in data and analytics a plus.
  • B.A. or B.S. preferred but not required.
  • For NJ and NY Only : The base salary range for this position is $88,000 - $120,000 annually. The offered rate of compensation will be based on individual education, experience, qualifications and work location.

    All offers include access to a variety of benefits to employees, including health insurance coverage, an employee wellness program, life and disability insurance, 401k match, retirement savings plan, paid holidays and paid time off (PTO).

    Type : Regular

    Time Type : Full time

    Primary Location : Warren, NJ

    Additional Locations : New York, NY

    Everest is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex (including pregnancy), sexual orientation, gender identity or expression, national origin or ancestry, citizenship, genetics, physical or mental disability, age, marital status, civil union status, family or parental status, veteran status, or any other characteristic protected by law. As part of this commitment, Everest will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and / or to receive other benefits and privileges of employment, please contact Everest Benefits at everestbenefits@everestglobal.com.

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    Examiner • Warren, NJ, US