Reinsurance Jobs in Massachusetts
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.
Alliant Insurance Services is one of the nation's largest and fastest-growing insurance brokerage and consulting firms. We operate through a network of specialized national platforms and local...
The Reinsurance Analyst will act as liaison between the reinsurance community and Health Plans Inc....
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...
Ad hoc Reinsurance Operations-related tasks as required....
Actively analyze claim aging information to ensure effective prioritization of reinsurance claim handling and advocacy....
Demographic Data for Massachusetts
Moving to Massachusetts? Find some basic demographic data about Massachusetts below.
Reinsurance Online Courses and Training Opportunities
Title Synonyms
Users interested in this job title also searched for the following job titles
Salary for Reinsurance Jobs in Massachusetts
Required or preferred licenses and certifications for Reinsurance positions.
Highest Education Level
Reinsurances in Massachusetts 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
- Sarbanes-Oxley Compliance
- Drafting Pleadings
- Technical Accounting
- General Liability
- Property and Casualty Insurance
- Personal Lines
- Professional Liability
- Claims Management
- Annuities
- Claims Processing
- Underwriting
- Claims
- Litigation
- Balance Sheets
- Generally Accepted Accounting Principles
- Financial Statements
- Account Reconciliation
- Juris Doctor
- Mediation
- Legal Research & Writing
- General Ledger
- Financial Reporting
- Financial Analysis
- Reimbursement
- Risk Management
- Finance
- Business Development
- SQL
- Accounting
- Decision Making
- Negotiation
- Written Communication
- Policy Administration
- Auditing
- Presentation
- Flexibility
- Documentation
- Reporting
- Employee Development
- Collaboration
- Microsoft PowerPoint
- Problem Solving
- Project Management
- Microsoft Office
- Microsoft Excel
- Time Management
- Staff Supervision
- Organization
- Research Skills
- Scheduling
- Leadership
- Communication Skills
Other Career Titles
Here are some other career titles that require similar skills