RenaissanceRe is a leading writer of Property & Casualty Reinsurance. For over 25 years, we have helped customers and communities recover and build resilience through our industry-leading ability to understand risk, source efficient capital and rapidly pay claims.Our global team shares a passion for solving our customers’ biggest problems through a collaborative and entrepreneurial culture that empowers employees and rewards creative thinking.
About the Position
The Senior Operations Assistant will work in a collaborative, supportive and impactful team environment. This individual will be responsible for but not limited to analysing and processing claims under the applicable reinsurance contracts, supporting underwriters and reserving actuaries in the collection and analysis of data related to any claims presented to the company by brokers and Cedents, participating in collaborative projects. We also provide exposure to other functions like policy processing and pairing to allow the analyst to better understand the full reinsurance process, with an aim to specialise in claims in the future.
Key Responsibilities
Claims analyst
- Investigate and handle claims arising from various classes of business including Property, Casualty and Specialty and jurisdictions, in accordance with company standards, procedures and best practices.
- Ensure all handled claims are properly processed and reserved.
- Ensure alignment and compliance with global reserving practices and strategy.
- Build and maintain relationships with key brokers as well as internal and external stakeholders.
- Assist and provide feedback to Underwriters related to claims as required.
- Participate in client visits and audits as required.
- Assist manager in developing reports.
- Assist team with testing and development of tools.
- Liaising with global operations and claims team to troubleshoot complex issues and ensuring processes are efficient and meet S.O.X 404 requirements.
- Liaising with internal and external auditors and vendors
Operations
- Responsible for policy processing and cash pairing.
- Liaising with brokers and underwriters to ensure information is captured accurately and on a timely basis.
Our people are our most valuable resource and core to our success. This is a fast-paced business environment, demanding a strong work ethic and a results-oriented approach. We offer competitive compensation and benefits, a comprehensive talent development program, and a reward system in which employees share in the success of the company. We are an engaged member of the communities in which we live and work and have a locally-led giving philosophy with generous employee matching program, global and local community grants and employee volunteerism.We seek diversity, create equity, and practice inclusion. Our people are at the heart of everything we do. We are an equal opportunity employer. We provide equal opportunity to all qualified individuals regardless of race, color, religion, national origin, sex, sexual orientation, gender identity, marital status, pregnancy, disability, military status or other legally protected categories.
What We Do
RenaissanceRe is one of the world’s leading reinsurance companies, consistently recognised for our innovation, technical excellence and creative problem-solving.
Our clients are multi-national organizations and government entities who turn to us to help manage the risks of operating in a volatile and uncertain world, including climate change, natural hazards like wildfires and hurricanes, cyber threats and significant societal upheaval.
We’re proud of our world-class reputation for exceptional performance and being a trusted partner, there for our clients when it matters most. Our corporate purpose is to protect communities and enable prosperity. When disaster strikes, the claims we pay help keep businesses open and communities rebuild.
Ensuring that our technology ecosystem can anticipate and respond to unprecedented global change in the world order is an imperative. It is only through continuously seeking to innovate through transformative technology that we can deliver our strategic business priorities, aims, and objectives.
RenaissanceRe’s name comes from our founders’ intention to create a renaissance in quantifying and managing risk. Our success depends on the unique way we combine information, experience and technology to empower our decisions. We have developed new and cutting-edge technologies since the day we started in 1993 and have long been recognized as pioneers and technical innovators; designing and engineering solutions to rapidly serve clients and help them dynamically manage their business
