Claims Representative/Senior Claims Representative/Claims Specialist-Assumed Reinsurance

Great American Insurance Group is a leader in the insurance industry, seeking a Claims Representative/Senior Claims Representative/Claims Specialist to join their Reinsurance Claims department in Cincinnati, Ohio. The role involves handling reinsurance claims, ensuring compliance with contract requirements, and preparing summaries for management while fostering a collaborative workplace culture.ResponsibilitiesReviews assumed reinsurance claims comprised primarily of asbestos, environmental, and other long-tail claimsEnsures that reinsurance claim cessions are within applicable contract requirementsVerifies coverage and cession amounts, and requests information from ceding companies to evaluate claim cessionsPrepares claim summaries on billed claims, posts claim reserves and prepares support for claim paymentsIdentifies potential claims issues and makes recommendations to management regarding claim dispositionCommunicates reinsurance coverage positions as directed by managementAlerts management of substantial lossesAssists management with the preparation of summaries on significant losses for monthly reports to senior managementDocuments and maintains records of loss submissions, reserves, queries, and paymentsEnsure reinsurance claim transactions are recorded in a timely and accurate mannerParticipates in reinsurance projects as neededProvides guidance and assistance to other functional areasPerforms other duties as assignedSkillsBachelor's degree or equivalent experienceExperience: 0-10 years of reinsurance claims experienceProficiency in Microsoft365 suite of products, specifically ExcelProfessional writing and oral communication skillsAbility to manage and prioritize concurrent assignments and responsibilitiesSome knowledge of reinsurance is preferredFamiliarity with reinsurance contracts is a plusBenefitsMedical, dental, and vision coverageWellness plansParental leaveAdoption assistanceTuition reimbursementPaid Time OffPaid holidaysA 401(k) plan with company matchAn employee stock purchase planCommuter benefitsCompany OverviewGreat American Insurance Group is an insurance company that specializes in in property and casualty insurance. It is a sub-organization of American Financial Group. It was founded in 1872, and is headquartered in Cincinnati, Ohio, USA, with a workforce of 5001-10000 employees. Its website is http://www.greatamericaninsurancegroup.com.



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