Reinsurance Jobs in Vernon, 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.
Reinsurance Senior Business Analyst
- Hartford, CT (10 miles from Vernon, CT)
- 22 hours ago
- Hartford, CT (10 miles from Vernon, CT)
- 22 hours ago
Knowledge of Reinsurance practices. Experience leading initiatives preferred. Bachelors degree in Business, MIS or other related field preferred....
Senior Reinsurance Analyst - Ceded Operations
- Rocky Hill, CT (16 miles from Vernon, CT)
- 4 days ago
- Rocky Hill, CT (16 miles from Vernon, CT)
- 4 days ago
Must fully understand what reinsurance is and how group ceded reinsurance works....
Insurance + Reinsurance Litigation Associate
- Hartford, CT (10 miles from Vernon, CT)
- 45+ days ago
- Hartford, CT (10 miles from Vernon, CT)
- 45+ days ago
We are looking for candidates with an understanding of insurance coverage issues under professional liability, general liability, and directors and officers insurance policies, as well as extensive...
- Hartford, CT (10 miles from Vernon, CT)
- 45+ days ago
- Hartford, CT (10 miles from Vernon, CT)
- 45+ days ago
Monitor and report on industry and legal developments affecting reinsurance. Provide training to internal constituencies on key reinsurance issues....
Reinsurance Technical Accountant
- Rocky Hill, CT (16 miles from Vernon, CT)
- 90+ days ago
- Rocky Hill, CT (16 miles from Vernon, 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 Vernon, CT
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Reinsurance Online Courses and Training Opportunities
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Salary for Reinsurance Jobs in Vernon, CT
Required or preferred licenses and certifications for Reinsurance positions.
Highest Education Level
Reinsurances in Vernon, CT offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Reinsurance position
- Motion Practice
- Drafting
- Client Management
- Claims Handling
- Waterfall
- Research and Writing
- Commercial Litigation
- Data Migration
- Drafting Pleadings
- General Liability
- Property and Casualty Insurance
- Professional Liability
- Annuities
- Claims Processing
- Underwriting
- Litigation
- Claims
- Financial Statements
- Generally Accepted Accounting Principles
- Account Reconciliation
- Juris Doctor
- Mediation
- Legal Research & Writing
- Resolution
- Financial Reporting
- Estimating
- Financial Analysis
- Risk Management
- Relationship Management
- Finance
- Business Development
- Accounting
- Negotiation
- Written Communication
- Policy Administration
- Presentation
- Flexibility
- Documentation
- Collaboration
- Data Analysis
- Employee Development
- 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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