Reinsurance Claims-Ceded Reinsurance Claims Director
| Company | American Financial Group |
|---|---|
| Location | Cincinnati, OH, USA |
| Salary | $Not Provided – $Not Provided |
| Type | Full-Time |
| Degrees | Bachelor’s |
| Experience Level | Expert or higher |
Requirements
- Bachelor’s degree or equivalent experience.
- Generally, 10 or more years of reinsurance claims experience is preferred.
- Proficiency in Microsoft365 suite of products, specifically Excel.
- Strong understanding of reinsurance contracts with the ability to interpret, explain, and apply contract language to ceded losses.
- Comfort with presenting information to corporate executive level.
- Excellent oral and written communication skills, time management skills, and problem-solving abilities.
- Ability to manage and to prioritize concurrent assignments and responsibilities.
- Aptitude for utilizing technology and automation.
Responsibilities
- Manages the ceded reinsurance portfolio of the company, supporting a majority of the specialty property and casualty divisions.
- Understands and conveys complex reinsurance treaty interactions to reinsurance groups and divisional management.
- Prepares and presents appropriate reports to senior executive leaders.
- Manages team of ceded reinsurance claims handlers, ensuring appropriate claims handling in accordance with applicable contract requirements, as well as industry and company customs and practice.
- Conveys complex claim information such as coverage decisions, claim outcomes, and exposure analysis to all appropriate parties, including executive management.
- Communicates reinsurance coverage positions.
- Produces reports highlighting large losses, reinsurance coverage, and critical issues for review.
- Ensures ceded reinsurance claim transactions are recorded in a timely and accurate manner.
- Provides guidance, training and assistance to lower-level positions within the reinsurance claims team as well as to other functional areas.
- Acts as liaison between reinsurance claims team and other reinsurance focused groups, including Reinsurance Accounting.
- Directs pursuit of collections on complex reinsurance billings, including arbitrations and mediations as required.
- Adapts readily to shifting workloads and priorities.
- Builds positive working relationships across and within departments.
- Direct and assist with reinsurance projects as needed.
- Performs other duties as assigned.
Preferred Qualifications
- 10 or more years of reinsurance claims experience is preferred.