Chubb
Reinsurance Claims Analyst
Chubb, Philadelphia, PA, United States
Reporting to the Director, Ceded Reinsurance Services, this role is responsible for the day-to-day reinsurance claim operations in North America. The ceded reinsurance billings are primarily proof billed, but validation of all claims is required. Timely billings and collections of loss balances are a key element of the work. Provide accurate and complete billing packages; respond to reinsurer and broker queries, resolve disputed claims and provide recommendations on compromised claims with a view to maximize cash flow. The department provides business units and other constituencies with reliable and cost effective processing and reporting services.
Responsibilities
- Ensure claims are reported timely and in accordance with the reinsurance contract terms
- Verify billings are completed timely and accurately
- Track, Monitor and Collect open ceded loss recoverable balances
- Report accurate status of billings and collections as required
- Manage SOX functions and audit testing (Internal/External)
- Support Chubb business units and interact with brokers/reinsurers
- Proactively identify issues and recommend effective solutions
- Provide assistance with the monthly close process