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Reinsurance Specialist jobs in Massachusetts

Reinsurance Specialist performs routine reinsurance administrative duties, such as maintaining records, processing and verifying new business. Organizes the preparation of monthly and annual reports and ensures reinsurance information has been recorded accurately. Being a Reinsurance Specialist performs reconciliation of premium billing statements and DAC tax calculations and maintenance of various reinsurance operations. Researches and resolves the more complex cases and provides guidance to others. Additionally, Reinsurance Specialist may review work performed by others and train new staff. Works towards industry designations (e.g., FLMI, ARA, ACS, etc.). Requires a bachelor's degree. Typically reports to a manager or head of a unit/department. The Reinsurance Specialist gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. To be a Reinsurance Specialist typically requires 2 to 4 years of related experience. (Copyright 2024 Salary.com)

Recently Added Reinsurance Specialist jobs

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Senior Underwriting Specialist (Reinsurance)
  • ClickJobs.io
  • Sheldonville, MA FULL_TIME
  • FM Global is a leading property insurer of the world's largest businesses, providing more than one-third of FORTUNE 1000-size companies with engineering-based risk management and property insurance solutions. FM Global helps clients maintain continuity in their business operations by drawing upon state-of-the-art loss-prevention engineering and research; risk management skills and support services; tailored risk transfer capabilities; and superior financial strength. To do so, we rely on a dynamic, culturally diverse group of employees, working in over 100 countries, in many challenging roles.

    Candidate will support the development of the organization’s optimal reinsurance solutions as we evolve and embark on new strategic underwriting growth initiatives and opportunities. This will require the consideration of both traditional and alternative reinsurance structures, traditional and alternative reinsurers like insurance-lined securities, investors, and our own capital/surplus when recommending the optimal solution.

    • Financial background capable of preparing budget projections for all ceded re costs each year and managing collateralization requirements, including commutation, rollover and strategic deployment of capital.
    • Excel-based modeling for strategic uses of capital
    • Firm understanding of FM Global’s business model and line underwriting.
    • Proficient in reinsurance products, with an understanding of market trends and practices that could help optimize the organizations reinsurance strategy
    • Lead the development of new reinsurance products and the day-to-day maintenance of those created reinsurance products.
    • Experience in developing and reviewing contractual language, terms and conditions of reinsurance contracts
    • Participate in underwriting audits performed in Operations offices, as well conduct periodic audits of specific reinsurance areas of the Company's book
    • Represent Natural Hazards UW, where a light touch/assistance is necessary
    • Minimum Education: 4 year college degree/bachelors
    • Preferred Education: MBA/graduate degree
    • Experience: 10 years in insurance/reinsurance whether from a financial or underwriting discipline

    The hiring range for this position dependent on final grade and title is $126,800 to $182,300 USD. The final salary offer will vary based on geographic location, individual education, skills, and experience. The position is eligible to participate in FM Global’s comprehensive Total Rewards program that includes an incentive plan, generous health and well-being programs, a 401(k) and pension plan, career development opportunities, tuition reimbursement, flexible work, time off allowances and much more.

    FM Global is an Equal Opportunity Employer and is committed to attracting, developing, and retaining a diverse workforce.

    #FMG
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Electrician
  • Marketing Specialist
  • Burlington, MA FULL_TIME
  • RevoluSun in Burlington is looking for Licensed Electricians to join our solar team. Our Electricians are responsible for the electrical portion of our residential solar and battery storage installati...
  • 4 Days Ago
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Solar Energy System Installer
  • Marketing Specialist
  • Burlington, MA FULL_TIME
  • Join Our Solar TeamWe are seeking Licensed Electricians to be a part of our dynamic solar team. In this role, you will primarily focus on the electrical aspects of installing residential solar and bat...
  • 7 Days Ago
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Reinsurance Platform Product Manager
  • Technology Roles at Global Atlantic
  • Boston, MA FULL_TIME
  • POSITION OVERVIEW The Reinsurance Platform Product Manager will be responsible for leading the Reinsurance transaction booking and accounting system to further automate Global Atlantic’s Reinsurance p...
  • 6 Days Ago
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Senior Reinsurance Analyst
  • SBLI
  • Woburn, MA FULL_TIME
  • At SBLI Life Insurance, the Senior Reinsurance Analyst is responsible for the administrative reinsurance function within the Actuarial Department. The Senior Reinsurance Analyst works closely with the...
  • 7 Days Ago
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Reinsurance Platform Product Manager
  • Global Atlantic Financial Group
  • Boston, MA FULL_TIME
  • POSITION OVERVIEW The Reinsurance Platform Product Manager will be responsible for leading the Reinsurance transaction booking and accounting system to further automate Global Atlantic’s Reinsurance p...
  • 10 Days Ago
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Reinsurance Specialist jobs at Popular Companies

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Sr. Claims Specialist, Healthcare
  • Markel Corporation
  • Des Plaines, IL
  • What part will you play? If you're looking for a place where you can make a meaningful difference, you've found it. The ...
  • 6/11/2024 12:00:00 AM
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Wholesale Underwriter - Healthcare Risk Solutions
  • Markel Corporation
  • Chicago, IL
  • What part will you play? If you're looking for a place where you can make a meaningful difference, you've found it. The ...
  • 6/10/2024 12:00:00 AM
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Senior Underwriter - Cyber/EO
  • Markel Corporation
  • New York, NY
  • The position encompasses retail IT and Cyber underwriting. The focus of the position includes reviewing, analyzing, acce...
  • 6/10/2024 12:00:00 AM
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Underwriting Support Specialist: Environmental & Energy
  • Markel Corporation
  • Alpharetta, GA
  • What part will you play? If you're looking for a place where you can make a meaningful difference, you've found it. The ...
  • 6/10/2024 12:00:00 AM
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Executive Underwriter - Risk Management Excess
  • Markel Corporation
  • Chicago, IL
  • The primary purpose of this position is to underwrite new business and renewals in a profitable manner and according to ...
  • 6/10/2024 12:00:00 AM
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Oliver Wyman - Corporate Financial Analyst - New York
  • Marsh & McLennan Companies, Inc.
  • New York, NY
  • Company: Oliver Wyman Description: Oliver Wyman is a global leader in management consulting. With offices in 70 cities a...
  • 6/10/2024 12:00:00 AM
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Senior Claims Specialist, General Liability (open to remote)
  • Markel Corporation
  • Alpharetta, GA
  • What part will you play? If you're looking for a place where you can make a meaningful difference, you've found it. The ...
  • 6/9/2024 12:00:00 AM
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AVP, Actuary - NA Analytic Advisory
  • Marsh McLennan
  • Chicago, IL
  • Company: Guy Carpenter Description: Guy Carpenter's North American Actuarial Advisory team helps our clients deliver on ...
  • 6/7/2024 12:00:00 AM
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About Massachusetts

Massachusetts is the 7th-smallest state in the United States. It is located in the New England region of the northeastern United States and has an area of 10,555 square miles (27,340 km2), 25.7% of which is water. Several large bays distinctly shape its coast. Boston is the largest city, at the inmost point of Massachusetts Bay, and the mouth of the Charles River. Despite its small size, Massachusetts features numerous topographically distinctive regions. The large coastal plain of the Atlantic Ocean in the eastern section of the state contains Greater Boston, along with most of the state's po...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Reinsurance Specialist jobs
$62,279 to $80,637

Most Popular Cities in Massachusetts for Reinsurance Specialist Jobs

What does a Reinsurance Specialist do?

Reinsurance Specialist in Salisbury, NC
Researches and analyzes various reinsurance alternatives as assigned.
January 13, 2020
Reinsurance Specialist in Muskegon, MI
To take on responsibility for internal & external reinsurance Statement of Accounts and give an oversight of external Reinsurance program and assist in the embedding of controlling quality assurance work.
December 03, 2019
Reinsurance Specialist in Fort Myers, FL
Soria, Rodriguez, Baker and Knopp bring their exceptional knowledge of Managed Care Reinsurance products and solutions for HMOs, health plans and provider organizations to EPIC.
December 24, 2019