Reinsurance Jobs in Naugatuck, CT

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.

1-4 of 4 Jobs

Reinsurance - Legal Contract Wording Specialist

  • Fairfield, CT (24 miles from Naugatuck, CT)
  • 8 days ago
  • Fairfield, CT (24 miles from Naugatuck, CT)
  • 8 days ago

Law degree and/or CPCU designation preferred experienced reinsurance contract wording professionals will also be considered Enhance your talents Providing outstanding service and developing strong relationships...

Reinsurance - Pricing Actuary

  • Fairfield, CT (24 miles from Naugatuck, CT)
  • 13 days ago
  • Fairfield, CT (24 miles from Naugatuck, CT)
  • 13 days ago

liability, auto, property and professional lines 2+ years of experience in property/casualty reinsurance pricing preferred Enjoy Yourmitment to providing strong service, sharing best practices, and...

Reinsurance - Director, Research and Development

  • Fairfield, CT (24 miles from Naugatuck, CT)
  • 17 days ago
  • Fairfield, CT (24 miles from Naugatuck, CT)
  • 17 days ago

Reinsurance - Director, Research and Development (2500323) Reinsurance - Director, Research and Development - (2500323) US-OH-Fairfield Description Make a difference with a career in insurance At The...

Reinsurance Technical Accountant

  • Rocky Hill, CT (22 miles from Naugatuck, CT)
  • 90+ days ago
  • Rocky Hill, CT (22 miles from Naugatuck, CT)
  • 90+ days ago

Reinsurance Technical Accountant will be part of the Reinsurance Operations team, overseeing the post bind reinsurance accounting activity on treaty reinsurance as well as assisting on cessions to Geneva...

Demographic Data for Naugatuck, CT

Moving to Naugatuck, CT? Find some basic demographic data about Naugatuck, CT below.


Local
National
31,634
459
Medium

Reinsurance Online Courses and Training Opportunities

iHireInsurance curates thousands of courses in order to recommend the best ones to help further your career. If you register for a course using the links on our site, we may receive a small commission.
Loss Distributions for Actuarial Models
This course aims to introduce student actuaries to the following criteria.It also discusses how to do the below with R StudioLoss distributions, with and without risk sharing 1.1.1 Describe the...
Secrets from an Insurance Broker (Masterclass)
My name is Juan Carlos Fernandez Aleman, and I have 25 years in the Insurance Brokerage market. I have more than 20,000 policies sold in the local and international market, I come from 3...

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Salary for Reinsurance Jobs in Naugatuck, CT

Estimated salary range based on data from US Bureau of Labor Statistics (BLS) and iHireInsurance research efforts.

Licensing / Certification

Required or preferred licenses and certifications for Reinsurance positions.



Highest Education Level

Reinsurances in Naugatuck, CT offer the following education background
Bachelor's Degree
50.4%
Master's Degree
20.2%
Associate's Degree
8.3%
Vocational Degree or Certification
8.3%
High School or GED
7.1%
Doctorate Degree
3.5%
Some College
1.9%
Some High School
0.3%


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