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Claims Examiner - Fast Track

TransReTransRe·Reinsurance

Compensation

$70,000 - $100,000/year

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Posted

34 days

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About the role

About Us

Since 1977 we have delivered first class solutions to insurers worldwide, by combining global reach with local decision making. We have built customer & broker relationships on years of trust, experience and execution. Through our people, our products and our partnerships, we deliver the capacity and expertise necessary to contribute to the sustainable growth of prosperous communities worldwide. To do so, our colleagues work with:

Integrity                      Work honestly, to enhance TransRe’s reputation

Respect                       Value all colleagues. Collaborate actively.

Performance               We reward excellence. Be accountable, manage risk and deliver TransRe’s strengths

Entrepreneurship        Seize opportunities. Innovate for and with customers.

Customer Focus         Anticipate their priorities. Exceed their expectations.

We have the following job opportunity in our New York City office:

Description

The Fast Track Claims Examiner will review and handle claim documents including mail and financial transactions that come through our fast track division. The fast track division processes high volumes of claims, requiring a combination of analytical precision, procedural discipline, and the ability to maintain accuracy under time pressure. Responsibilities include, but are not limited to:

  • Reviewing and handling fast track claim documents, including mail and financial transactions, within the unit’s authority and time parameters.
  • Analyzing underlying insurance policies, claim files, coverage opinions, expert reports, and legal billings to confirm coverage.
  • Establishing and maintaining accurate loss and expense reserves.
  • Ensuring timely and accurate claim payments.
  • Completing appropriate running notes to track actions taken on claims, including appropriate calculations for financial transactions.
  • Maintaining accurate and complete claim records, including field updates, running notes, financial calculations, and closing documentation.
  • Ensuring compliance with regulatory requirements, contractual obligations, and internal audit standards, and maintaining documentation and claim file integrity in accordance with company policies and best practices.

Requirements

  • 2-5 years of insurance claims handling experience
  • Reinsurance experience is a plus
  • Strong analytical and writing skills
  • Ability to work well independently and within a team
  • Track record of maintaining timely an accurate deliverables in a fast paced work environment

Work Schedule

TransRe is supportive of an agile work schedule, which may differ based on individual roles, your local office’s practices and preferences marketplace trends, and TransRe’s business objectives. This position is located in our New York City office and is eligible for a hybrid work schedule with 3 days in the office per week, and 2 days remote.

Compensation

In addition to base salary, for this position, TransRe offers a comprehensive benefits package, paid time off, and incentive pay opportunity. The anticipated annual base salary range in New York for this position, exclusive of benefits, paid time off, and incentive pay opportunity is $70,000 - $100,000 This range is an estimate and the actual base salary offered for this position will be determined based on certain factors, including the applicant’s specific skill set and level of experience.

We are an Equal Opportunity Employer (EOE) and we support diversity in the workforce.

Skills & Tags

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Aplyr's read

TransRe is a global reinsurance powerhouse, attracting professionals skilled in risk assessment and claims management to navigate complex global insurance landscapes.

Synthesized from recent postings & public sources

What's promising

  • TransRe's global presence offers employees exposure to diverse markets and reinsurance challenges.
  • The company invests in specialized roles, indicating a commitment to expertise and professional growth.
  • TransRe's robust client base provides a stable and varied workload for its employees.

What to watch

  • The reinsurance industry is highly susceptible to global economic fluctuations and natural disasters.
  • Limited public information about TransRe's internal culture and employee satisfaction.
  • Navigating complex regulatory environments may pose challenges for employees in certain roles.

Why TransRe

  • TransRe emphasizes niche roles like Complex Claims Examiner, highlighting its focus on specialized skills.
  • The company's international operations offer unique cross-border professional experiences.
  • TransRe's focus on both facultative and treaty reinsurance sets it apart in the industry.

Aplyr’s read is generated by AI from public sources. Was it useful?

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About TransRe

TransRe is a global reinsurance company that provides a wide range of reinsurance solutions to clients worldwide.

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