What are the responsibilities and job description for the Property Claim Executive position at Gen Re?
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General Re Corporation, a subsidiary of Berkshire Hathaway Inc., is a holding company for global reinsurance and related operations, with more than 2,000 employees worldwide. It owns General Reinsurance Corporation and General Reinsurance AG, which conducts business as Gen Re.Gen Re delivers reinsurance solutions to the Life/Health and Property/Casualty insurance industries. Represented in all major reinsurance markets through a network of 38 offices, we have earned superior financial strength ratings from each of the major rating agencies.
Gen Re currently offers an excellent opportunity for a Property Claim Executive to work in Claim North America P&C unit in our Stamford, CT office (hybrid in office/work from home) or performed remotely for appropriately qualified individual.
Role Description
The Property Claim Executive handles reinsurance claims submitted by clients arising from the Property line of business and arising under various reinsurance contracts,and involves the review of clients’ claim adjustment. The Property Claim Executive serves as an integral member of the GRC property team by providing comprehensive knowledge and insights to underwriting, claims management and the GRC executive team. The Property Claim Executive is a resource to our clients offering expertise to effectuate the best resolution of claims.
We are seeking a claims professional with a minimum 8 years of experience in handling property claims with extensive experience in commercial property losses, CAT planning experience and CAT loss claims handling to join our team. The ideal candidate will work well independently, but also enjoys working as a part of our team. Position responsibilities include the following:
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Handle claims from commencement to resolution in accordance with Gen Re claims procedures and guidelines including file documentation, preparation of loss reports, timely reserving and claim payments.
- Maintain Cat loss experience reports
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Frequent and timely communication with other Gen Re business units including underwriting, marketing, actuarial and the Gen Re senior management team.
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Present to Gen Re management and client companies on high exposure matters and emerging property trends.
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Timely and frequent communication with clients to deliver “value added” service that enables clients to achieve better results through improved technical expertise and operational efficiency including:
assisting clients in the development of strategies for claim evaluation, property damage estimates and claim resolution.;
- analyzing coverage;
- conducting claims reviews;
- identifying and recommending vendors to clients to achieve successful claims resolutions;
- assisting clients in CAT preparedness; and conducting training sessions.
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Role Qualifications and Experience
- Minimum eight years in the insurance industry managing high-exposure property claims.
- Experience in reinsurance is a plus.
- Performance in a claim leadership position is a plus.
- Excellent oral and written communication skills.
- Strong team player and able to build productive working relationships inside and outside of Claims.
- Excellent interpersonal and analytic skills.
- Strong organizational skills; accurate and detailed-oriented.
- Proficient in Microsoft Office (Word, Excel, Outlook, PowerPoint).
- College degree.
- Advanced degree and/or industry designation (CPCU, etc.) preferred.
Salary Range
141,000.00 - 235,000.00 USDThe annual base salary range posted represents a broad range of salaries around the US and is subject to many factors including but not limited to credentials, education, experience, geographic location, job responsibilities, performance, skills and/or training.
Our Corporate Headquarters Address
General Reinsurance Corporation
400 Atlantic Street, 9th Floor
Stamford, CT 06901 (US)
At General Re Corporation, we celebrate diversity and are committed to creating an inclusive environment for all employees. It is the General Re Corporation's continuing policy to afford equal employment opportunity to all employees and applicants for employment without regard to race, color, sex (including childbirth or related medical conditions), religion, national origin or ancestry, age, past or present disability , marital status, liability for service in the armed forces, veterans' status, citizenship, sexual orientation, gender identity, or any other characteristic protected by applicable law. In addition, Gen Re provides reasonable accommodation for qualified individuals with disabilities in accordance with the Americans with Disabilities Act.