AVP Reinsurance Specialist (Accounting and Claims)

Job Opportunity At Guy Carpenter

We are looking for a skilled professional to join our team at Guy Carpenter. This role can be based in Philadelphia, PA or Norwalk, CT and is a hybrid position that requires working at least three days a week in the office. The role involves managing complex portfolios, including processing technical transactions related to excess loss, pro rata, or facultative reinsurance. This includes coverage assessment, premium and loss transactions, and cash disbursements. Additionally, the role provides guidance and training to less experienced colleagues and performs leadership and business support duties as assigned by the team or department manager.

Responsibilities include managing a complex client portfolio, ensuring accurate processing of premiums, client activity, and timely follow-up, while supporting collection and cash application initiatives. The role also involves ensuring timely settlement of funds, adhering to all payment warranties and contractual conditions, and collaborating with market fiduciaries and collections teams as needed. Providing detailed information on client-specific accounting and claims activities to support sales opportunities and reinsurance negotiations is also part of the role. The position requires requesting and maintaining collateral requirements for clients, building and maintaining strong relationships with brokers, clients, markets, and claim professionals to resolve issues, review practices, and facilitate effective communication.

Participating actively in team and department meetings, sharing knowledge, contributing to process improvements, and fostering strong working relationships is essential. Supporting and mentoring less experienced colleagues, leading or participating in training sessions, and contributing to the development of operational processes and technology solutions are also key responsibilities. Coordinating reinsurance audits, reviewing claims and premium activity, reconciling records, and facilitating review processes with clients and reinsurers is required. Utilizing KPIs and system tools to manage receivables, funding, reporting, and transactional processes efficiently, ensuring compliance and service excellence, is also part of the role.

Qualifications include 5+ years of professional experience in insurance, reinsurance, or risk management, with a minimum of 2 years of reinsurance experience. A bachelor's degree or equivalent work experience is required. Proficiency in Microsoft Office applications (Word, Excel, PowerPoint) with strong attention to detail is necessary. Proven ability to work effectively in high-performance teams, managing workload to meet client and stakeholder expectations, is essential.