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King's Insurance Staffing LLC
Phoenix, AZ | Full Time
$54k-70k (estimate)
4 Days Ago
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Hartford, AZ | Full Time
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Reinsurance Operations Specialist
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$54k-70k (estimate)
Full Time 4 Days Ago
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King's Insurance Staffing LLC is Hiring a Reinsurance Operations Specialist Near Phoenix, AZ

Our client, a leading Commercial P&C Insurance Company, is continuing to grow and is seeking to add an Operations Specialist within their Reinsurance Department. This person will play a critical role in supporting the company's reinsurance operations. This position requires a detailed-oriented individual with strong analytical skills and a deep understanding of reinsurance processes. The ideal candidate will ensure the effective administration of reinsurance treaties and facultative placements, supporting the company's overall risk management strategy.
  • Handle the application of cash recoveries on reinsurance invoices, assessing and identifying potential discrepancies or errors, and providing effective solutions.
  • Manage the administration of reinsurance treaties and facultative placements, including data entry, premium calculations, and claims processing.
  • Ensure accurate and timely submission of reinsurance bordereaux and other required reports to reinsurers.
  • Maintain detailed and organized records of all reinsurance transactions and communications.
  • Reconcile reinsurance accounts, including premiums, commissions, and claims recoveries.
Qualifications:
  • 2 years' experience in reinsurance operations within the insurance industry.
  • Strong Excel skills (Pivot tables) including database management expertise.
  • Strong knowledge of reinsurance concepts, treaties, and facultative placements.
  • Excellent analytical, organizational, and problem-solving skills.
  • Strong attention to detail and accuracy.
Salary/Benefits:
  • $65,000 to $75,000 annual based salary
  • Flex schedule and ability to work remotely
  • Extremely competitive Medical, Dental, Vision and Life plans
  • Employer matching 401(k) plan
  • Generous PTO plan

Job Summary

JOB TYPE

Full Time

SALARY

$54k-70k (estimate)

POST DATE

06/27/2024

EXPIRATION DATE

07/14/2024

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The following is the career advancement route for Reinsurance Operations Specialist positions, which can be used as a reference in future career path planning. As a Reinsurance Operations Specialist, it can be promoted into senior positions as an Enrollment & Billing Supervisor that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Reinsurance Operations Specialist. You can explore the career advancement for a Reinsurance Operations Specialist below and select your interested title to get hiring information.

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