Reinsurance Claims Analyst

Responsibilities

• Review and approve Major Loss Reports for domestic and international losses
• Review reinsurance treaty contracts to ensure an understanding of their impact on various lines of business and apply treaties to loss analysis accordingly
• Identify large losses and high-profile matters
• Create and maintain Excel workbooks for data analysis
• Respond to non-MLR reinsurance verification requests and other reinsurance related queries
• Investigate and flag discrepancies and account issues
• Monitor and analyze financial impact of changes in reinsurance coverage
• Prioritize and collaborate with colleagues on various projects and initiatives
• Support AIG Next and reinsurance governance initiatives, including SOX controls
• Provide recommendations for process improvements
• Key Deliverables (including reports):
• MLRs (Major Loss Reports)
• Non-MLR reinsurance verifications as requested by internal customers
• Required Qualifications :
• 3+ years of reinsurance/insurance experience in claims and/or accounting
• Proficient with information technology, including Microsoft Office, particularly in Excel
• Excellent verbal and written communication skills
• Strong interpersonal skills and team orientated
• Excellent organization and time management skills
• Strong analytical skills to quickly identify, gather, and assess information

Requirements

• Experience with Facultative, Captive, Quota Share, and Excess of Loss policy and treaty arrangements
• Knowledge of general accounting fundamentals
• Understanding of reinsurance concepts and contract language
• At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike.
• Enjoy benefits that take care of what matters
• Reimagining insurance to make a bigger difference to the world
• Welcome to a culture of inclusion
• AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories.
• AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities. If you believe you need a reasonable accommodation, please send an email to candidatecare@aig.com .
• Functional Area:
• RE - Reinsurance
• National Union Fire Insurance Company of Pittsburgh, Pa.

Benefits

Additional Information

Reinsurance Claims Analyst

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