Reinsurance Jobs in Rosemont, IL

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.

1-15 of 16 Jobs

US Reinsurance Director - Treaty

  • Chicago, IL (13 miles from Rosemont, IL)
  • 4 days ago
  • Chicago, IL (13 miles from Rosemont, IL)
  • 4 days ago

Skills and experience that will lead to success 5+ years of work experience in Reinsurance and/or P&C insurance industry. Excellent knowledge and understanding of reinsurance....

Head of Reinsurance Reserving

  • Rosemont, IL
  • 6 days ago
  • Rosemont, IL
  • 6 days ago

Reinsurance experience preferred. Proficiency in Reserving and Pricing....

Reinsurance Actuarial Senior Associate - Mortgage

  • Chicago, IL (13 miles from Rosemont, IL)
  • 8 days ago
  • Chicago, IL (13 miles from Rosemont, IL)
  • 8 days ago

The individual will work in Aon's reinsurance mortgage analytics team to deliver value added reinsurance solutions to our clients....

Insurance + Reinsurance Litigation Associate

  • Chicago, IL (13 miles from Rosemont, IL)
  • 8 days ago
  • Chicago, IL (13 miles from Rosemont, IL)
  • 8 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...

Senior Director - US Reinsurance Broking (Commerci

  • Chicago, IL (13 miles from Rosemont, IL)
  • 13 days ago
  • Chicago, IL (13 miles from Rosemont, IL)
  • 13 days ago

Bachelor's degree CPCU or ARE designation or progression towards is preferred but not required Excellent knowledge and understanding of commercial property insurance (previous experience in reinsurance...

Vice President, Ceded Reinsurance Operations

  • Chicago, IL (13 miles from Rosemont, IL)
  • 13 days ago
  • Chicago, IL (13 miles from Rosemont, IL)
  • 13 days ago

contracts within the reinsurance platform....

Vice President, Ceded Reinsurance Operations - R6107_45031376178_0-4346

  • Chicago, IL (13 miles from Rosemont, IL)
  • 16 days ago
  • Chicago, IL (13 miles from Rosemont, IL)
  • 16 days ago

contracts within the reinsurance platform....

Digital Product Manager - Reinsurance

  • Chicago, IL (13 miles from Rosemont, IL)
  • 16 days ago
  • Chicago, IL (13 miles from Rosemont, IL)
  • 16 days ago

The Reinsurance Digital Product Manager manages product vision, product discovery, roadmaps, and backlog to maximize enterprise value....

Head of Global Reinsurance Reserving

  • Chicago, IL (13 miles from Rosemont, IL)
  • 18 days ago
  • Chicago, IL (13 miles from Rosemont, IL)
  • 18 days ago

their reinsurance team....

Reinsurance Manager

  • Chicago, IL (13 miles from Rosemont, IL)
  • 22 days ago
  • Chicago, IL (13 miles from Rosemont, IL)
  • 22 days ago

Reporting Relationship AVP or above Skills, Knowledge & Abilities Extensive knowledge of reinsurance principles, practices and procedures for premium and claim handling....

AVP, Reinsurance Placements

  • Chicago, IL (13 miles from Rosemont, IL)
  • 23 days ago
  • Chicago, IL (13 miles from Rosemont, IL)
  • 23 days ago

(Such as CPCU, ARM, or similar certification) #LI-KC1 #LI-Hybrid I n certain jurisdictions, CNA is legally required to include a reasonable estimate of the compensation for this role....

Reinsurance Actuarial Senior Analyst

  • Chicago, IL (13 miles from Rosemont, IL)
  • 28 days ago
  • Chicago, IL (13 miles from Rosemont, IL)
  • 28 days ago

Job Title: Reinsurance Actuarial Senior Analyst Location: Chicago, IL Work Style: Hybrid As an Actuarial Analyst you will have responsibility for managing and completing projects across several P&C...

AVP, Reinsurance Underwriting - R5977_45031376178_0-4346

  • Chicago, IL (13 miles from Rosemont, IL)
  • 30+ days ago
  • Chicago, IL (13 miles from Rosemont, IL)
  • 30+ days ago

at EVEREST REINSURANCE CO in Chicago, Illinois, United States Job Description Title: AVP, Reinsurance Underwriting Company: Everest Reinsurance Company Job Category: Underwriting Job Description: About...

AVP, Reinsurance Underwriting

  • Chicago, IL (13 miles from Rosemont, IL)
  • 45+ days ago
  • Chicago, IL (13 miles from Rosemont, IL)
  • 45+ days ago

Title: AVP, Reinsurance Underwriting Company: Everest Reinsurance Company Job Category: Underwriting Job Description: About Everest: Everest Group, Ltd....

Early Careers Risk/Reinsurance Broking Intern

  • Chicago, IL (13 miles from Rosemont, IL)
  • 60+ days ago
  • Chicago, IL (13 miles from Rosemont, IL)
  • 60+ days ago

What is Reinsurance? Basically, reinsurance is insurance for insurance companies; it's a sophisticated, growing and exciting area to launch and develop a career....

Demographic Data for Rosemont, IL

Moving to Rosemont, IL? Find some basic demographic data about Rosemont, IL below.


Local
National
12,812,477
319,486

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 Rosemont, IL

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 Rosemont, IL offer the following education background
Bachelor's Degree
50.5%
Master's Degree
20.1%
Associate's Degree
8.3%
Vocational Degree or Certification
8.3%
High School or GED
7.1%
Doctorate Degree
3.4%
Some College
1.9%
Some High School
0.3%


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