Reinsurance Jobs in Sierra Madre, CA
Reinsurance is a financial tool that insurance companies use to manage risk. Essentially, it involves insurance companies transferring portions of their risk portfolios to other parties to reduce the likelihood of having to pay a large obligation resulting from an insurance claim. In other words, it is insurance for insurance companies. Reinsurance enables insurance companies to remain solvent by recovering part or all amounts paid to claimants. Further, reinsurance also provides insurance companies the capacity to underwrite policies that cover a larger volume of risks without excessively raising the costs of covering their solvency margins.
Individuals seeking roles in Reinsurance should have strong analytical, decision-making, and negotiation skills. Moreover, having a deep understanding of risk analysis, financial markets, and regulatory requirements are also essential. A certification as a Chartered Property Casualty Underwriter (CPCU) or Associate in Reinsurance (ARe) might be required. Some typical roles a person may have before becoming a Reinsurance Professional include Underwriter, Claims Adjuster, or Risk Analyst. These roles provide the necessary experience and understanding of risk assessment and financial implications critical for a career in reinsurance.
Associate II - Reinsurance Contract Services- US Locations
- Los Angeles, CA (17 miles from Sierra Madre, CA)
- 20 hours ago
- Los Angeles, CA (17 miles from Sierra Madre, CA)
- 20 hours ago
We can count on you to: Manage the complete lifecycle of a reinsurance contract for your assigned accounts, including drafting the contract language to reflect the intent of the reinsurance negotiations...
Reinsurance Associate Accountant (Summer 2025)
- Los Angeles, CA (17 miles from Sierra Madre, CA)
- 21 hours ago
- Los Angeles, CA (17 miles from Sierra Madre, CA)
- 21 hours ago
Pay Philosophy The typical starting salary range for this role is determined by a number of factors including skills, experience, education, certifications and location. The full salary range for...
Remote Work- Los Angeles, CA (17 miles from Sierra Madre, CA)
- 15 days ago
- Los Angeles, CA (17 miles from Sierra Madre, CA)
- 15 days ago
Master's Degree and/or other insurance designations such as ASA/FSA, CERA, CPCU, or ARM preferred....
Demographic Data for Sierra Madre, CA
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Salary for Reinsurance Jobs in Sierra Madre, CA
Required or preferred licenses and certifications for Reinsurance positions.
Highest Education Level
Reinsurances in Sierra Madre, CA offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Reinsurance position
- Reconciliation
- Claims Handling
- Waterfall
- Mergers & Acquisitions
- Test Cases
- User Acceptance Testing
- Data Migration
- General Liability
- Property and Casualty Insurance
- Professional Liability
- Annuities
- Claims Processing
- Underwriting
- Claims
- Financial Statements
- Generally Accepted Accounting Principles
- Juris Doctor
- Mediation
- General Ledger
- Client Services
- Resolution
- Financial Reporting
- Financial Analysis
- Estimating
- Reimbursement
- Risk Management
- Relationship Management
- Finance
- Analytical Skills
- SQL
- Accounting
- Decision Making
- Written Communication
- Policy Administration
- Negotiation
- Auditing
- Strategic Planning
- Presentation
- Flexibility
- Mentoring
- Documentation
- Collaboration
- Data Analysis
- Employee Development
- Interpersonal Skills
- Reporting
- Microsoft PowerPoint
- Problem Solving
- Project Management
- Microsoft Office
- Microsoft Excel
- Time Management
- Research Skills
- Staff Supervision
- Organization
- Scheduling
- Leadership
- Communication Skills
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