Casualty Complex Claims Examiner
Confirmed live in the last 24 hours
TransRe
Compensation
$120,000 - $200,000
Job Description
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
We are seeking an experienced reinsurance claims examiner to manage a portfolio of casualty claims in our New York City office. This position is a great opportunity for experienced claims examiner to assume responsibility for a growing book of business. Responsibilities will include, but not be limited to:
- Evaluating and making independent coverage determinations on complex casualty reinsurance claims, including general liability, automobile, workers’ compensation, excess and umbrella liability, products liability, construction defect, environmental, and other long-tail casualty claims
- Analyzing underlying insurance policies, claim files, coverage opinions, expert reports, and legal billings to assess coverage triggers, limits application, exclusions, allocation issues, and strategy alignment
- Establishing and maintaining accurate loss and expense reserves
- Ensuring timely and accurate claim payments
- Conducting detailed claim audits of cedent files and preparing comprehensive audit reports with findings, recommendations, and risk assessments
- Assessing extra-contractual obligations (ECO) and excess of policy limits (XPL) exposures and providing recommendations
- Interfacing effectively with underwriters, brokers, cedents, external counsel, actuaries, and senior claims management
- Providing coverage and exposure feedback to underwriting to support risk selection and portfolio management, including identifying trends and emerging claim issues impacting casualty portfolios
- Preparing clear, concise claim summaries and presenting material exposures to management
- 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
- 5+ years of (re)insurance casualty claims handling experience, treaty and facultative
- JD degree is strongly preferred
- Litigation experience is a plus
- Strong analytical and writing skills
- Ability to work well independently and within a team
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 $120,000 - $200,000. 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.
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