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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