Reinsurance Clerk jobs in Birmingham, AL
Reinsurance Clerk performs routine reinsurance clerical duties, such as maintaining records, processing, and verifying new business. Performs basic accounting activities such as calculations and preparation of billing statements and financial reports. Being a Reinsurance Clerk verifies the policies of reinsurance clients and reviews company records to determine correct coverage. May coordinate the exchange of underwriting information between the reinsurance market and the underwriting staff. Additionally, Reinsurance Clerk may process monthly premium billing statements and other reports. Requires a high school diploma or its equivalent. Typically reports to a supervisor or manager. The Reinsurance Clerk possesses a moderate understanding of general aspects of the job. Works under the close direction of senior personnel in the functional area. May require 0-1 year of general work experience. (Copyright 2024 Salary.com)
Recently Added Reinsurance Clerk jobs
Executive Production Underwriter Reinsurance and Alternative Risk - Medical Professional Liability
- CO1005 ProAssurance Group Services Corporation
-
Birmingham, AL
FULL_TIME
- An exciting opportunity exists to join the ProAssurance family of companies! We are a specialty writer of professional liability, products liability and workers' compensation insurance. With approximately 1,000 team members operating in all 50 states, we are well-positioned to offer career opportunities to individuals interested in professional growth. This position supports our medical professional liability line of business and can be fully remote in the contiguous United States. Summary: This role is a key business leader in the organization and will be the underwriting lead, and liaison for assumed reinsurance, loss portfolio transfers, and ProAssurance HCPL treaty coordination activities. The Executive Production Underwriter, Reinsurance/Alternative Risk Solutions is an important contributor in the development and execution of the company’s strategic plans for both growth and profitability. Essential Duties and Responsibilities: 25% Reinsurance Management Maintains Assumed Reinsurance book through assessment of risk tolerance, market appetite and emerging risk issues and executes underwriting strategy. Works with actuaries to evaluate hospital and assumed reinsurance underwriting opportunities, trends, and patterns for new business as well as renewal accounts. Creates and reviews underwriting performance measures with management team. Review and summarization of key terms and provision sin assumed re contracts. Provide technical support for ProAssurance HCPL ceded reinsurance program/treaty including contract analysis. Reviews and revises workflow, process and procedures for continuous improvement. 20% Underwriting Performance and Claims Reviews Ensures Assumed Reinsurance alignment of individual goals with company goals. Monitors Assumed Reinsurance new business production and renewal retention against plan and takes corrective action as needed. Establishes and ensures implementation of an underwriting quality assurance program for Assumed Reinsurance underwriting. Work closely with Actuarial to develop pricing for all Assumed Reinsurance new business and renewal accounts in accordance with the company’s underwriting authority requirements. Works closely with and coordinate claims monitoring of all Assumed Re deals. 15% HCPL Treaty and Cyber Reinsurance Coordination Coordination of HCPL Reinsurance Treaty with reinsurance intermediary. Manage and adhere to all renewal timelines and key activities, including the submission gathering coordination Coordination of Cyber reinsurance and all activities relating to relationships with the cyber market(s) 10% Strategic Planning Oversees the strategic plan for ProAssurance’s Assumed Reinsurance, Alternative Risk, and Loss Portfolio Transfer underwriting and administrative functions. Hereinafter referred to as Assumed Reinsurance Monitors performance against strategic plan and provides regular updates to management Coordinates with all underwriting product areas to ensure Assumed Reinsurance plans are aligned Ensures achievement of profitable Assumed Reinsurance growth and adherence to plan goals and objectives 10% Culture Management Demonstrates ProAssurance values at all times Holds Assumed Reinsurance working group accountable for following cultural values and norms. 10% Policy and Procedure Development and Compliance Establishes common policies and processes ensure organizational consistency with respect to all functions. Monitors compliance, reports results, and assures corrective actions for all functions. 5% Innovation and Product Development Keeps educated on evolving risks, and exposures. Engages others about ways to improve the service and/or products that we provide. Encourages others, at all levels, to offer ideas and take initiative to vet those ideas. Secondary Duties and Responsibilities: 5% Other duties and tasks as assigned by management Qualifications Bachelor’s degree required, advanced degree CPCU or RPLU or reinsurance and/or captive specialty designation required 10 years of underwriting experience in P&C insurance with seven (7) or more of those reinsurance underwriting and proven skills with insurance contract analysis Extensive knowledge of medical professional liability insurance products, distribution channels both retail and reinsurance Demonstrated leadership, relationship and team building skills and critical thinking skills Detail oriented and disciplined execution skills Strong relationship and influence management skills Superior communication and presentation skills Adaptable and comfortable with change Understanding of insurance terminology, insurance and underwriting principles required Proficiency with Microsoft Office Suite Excellent organizational and interpersonal skills Self-motivated and able to accomplish multiple tasks within deadlines Ability to process information logically Strong analytical skills to interpret data and make sound decisions and devise appropriate solutions Experience in a production underwriting role, with specific broker territory and assignments. Superior negotiation, marketing and sales skills. Magnificent large account skills with superb knowledge of actuarial tools and methods. Able to review the work of others, provide feedback and approve other underwriters’ quotations Meets work deadlines, excellent desk management skills. Solid knowledge of rating and documentation management and workflow systems. Able to create, build and develop superior relationships with agencies and internal colleagues Able to handle referrals, review the work of others, and provide effective coaching Ability to attend insurance and industry/business functions to promote and present a positive image of the Company Up to 20% travel. Here at ProAssurance, we believe our team members are our most valuable asset. We are committed to providing a dynamic and inclusive environment where everyone can do their best work and grow personally and professionally. For that reason, we partner with The Predictive Index (PI) – an organization equally committed to improving the working lives of people, to help us hire the best talent by providing additional insight about one’s work style. The position you applied to requires completion of two assessments prior to being scheduled to interview with a hiring manager. Completion of the assessments is not required in order for your application to be reviewed and to speak with a Talent Acquisition team member. These assessments are Behavioral and Cognitive (internal candidates will only receive the Behavioral assessment), and each assessment takes less than 12 minutes to complete. After submitting your application, you will receive two emails from The Predictive Index inviting you to complete each of these assessments (please check your SPAM or Junk email folder if you do not see these emails in your inbox). Position Salary Range $110,923.00 - $183,041.00 The salary range displayed represents the entirety of the pay grade for this position. Most candidates will start in the bottom half of the range. Factors that may be used to determine your actual salary include your specific skills, how many years of experience you have, your location and comparison to other team members already in this role. ProAssurance's family of companies has a unique and unwavering focus on our team members. We strive to achieve best-in-the-world status by attracting, hiring, and retaining top industry talent. We work together within our integrated family of companies, no matter the line of business, department or location. We ask, listen and respond to what matters most to team members. We thank you for your interest in career opportunities with ProAssurance!
- 25 Days Ago
Clerk
- Veterans Health Administration
-
Birmingham, AL
FULL_TIME
- This position provides technical and clerical assistance to the Birmingham VA Health Care System, Business Management Service, Fee Unit. Incumbent will be responsible for scanning and verifying fee cl...
- 14 Days Ago
Clerk
- Alabama State Department of Education
-
Anniston, AL
FULL_TIME
- The Accounts Payable Clerk is located at Anniston City Schools Board of Education. This candidate will work in the Finance Department under the Chief Financial Officer.
- Just Posted
Meat Clerk
- Johnsons Giant Food
-
Jacksonville, AL
FULL_TIME
- Meat clerks are responsible for keeping the pre-packaged meat section well stocked and orderly in appearance and keep fresh and frozen meat cases stocked and rotated for freshness. Meat clerks will or...
- 14 Days Ago
Reconciliation Clerk
- Gulf Distributing Services Company
-
Birmingham, AL
FULL_TIME
- Text RECONCLERK to 205.273.9884 to Apply! Gulf Distributing Holdings, LLC Position Description Recon Clerk Birmingham, AL Reports to: Recon Manager Position Objective: The Reconciliation Clerk must ...
- 15 Days Ago
Grocery Clerk
- Mitchell Grocery Corporation | Mitchell Grocery...
-
Guntersville, AL
FULL_TIME
- Grocery Clerks are responsible for making sure the grocery section of the store is well stocked and orderly in appearance. Grocery Clerks will stock shelves, order product, build displays, bag groceri...
- 16 Days Ago
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0 Reinsurance Clerk jobs found in Birmingham, AL area
Underwriting Manager
- Calculated Hire
-
Birmingham, AL
- Underwriting Manager Hybrid role in Birmingham, AL Full Time Opportunity Job Overview: The Underwriting Manager oversees...
- 4/23/2024 12:00:00 AM
Insurance Agent
- Dorr Agency
-
Birmingham, AL
- Job Description Job Description Looking for your last career stop? Interested in an industry change? Seeking work-life b...
- 4/23/2024 12:00:00 AM
Experienced Licensed Insurance Agent
- Wiggins Insurance
-
Birmingham, AL
- Job Description Job Description Job description Job Title: Experienced Insurance Producer Location: Trussville, Al Job T...
- 4/23/2024 12:00:00 AM
Compliance Program Specialist - PNC Investments
- PNC Financial Services Group, Inc.
-
Birmingham, AL
- Position Overview At PNC, our people are our greatest differentiator and competitive advantage in the markets we serve. ...
- 4/23/2024 12:00:00 AM
Life Insurance Sales Agent Remote
- The Janet Brennan Agency
-
Birmingham, AL
- Job Description Job Description Why work with us? Have your Life & Health Insurance license? Are you willing to put in t...
- 4/23/2024 12:00:00 AM
Insurance Agent
- Klutz Agency
-
Birmingham, AL
- Job Description Job Description As an insurance agent at the Klutz Agency, you are committed to helping families and ind...
- 4/23/2024 12:00:00 AM
Sales Agent (Commission-Based)
- Lumina Financial Solutions
-
Birmingham, AL
- Job Description Job Description Join Our Winning Team - Sales Agent Position with Lumina Financial Solutions. Are you lo...
- 4/23/2024 12:00:00 AM
Senior EDI Claims Specialist
- Viva Health
-
Birmingham, AL
- Senior EDI (Electronic Data Interchange) Claims Specialist Location: Birmingham, AL Work Schedule: This position will ha...
- 4/22/2024 12:00:00 AM
About Birmingham, Alabama
Birmingham (/ˈbɜːrmɪŋhæm/ BUR-ming-ham) is a city located in the north central region of the U.S. state of Alabama. With an estimated 2017 population of 210,710, it is the most populous city in Alabama. Birmingham is the seat of Jefferson County, Alabama's most populous and fifth largest county. As of 2017, the Birmingham-Hoover Metropolitan Statistical Area had a population of 1,149,807, making it the most populous in Alabama and 49th-most populous in the United States. Birmingham serves as an important regional hub and is associated with the Deep South, Piedmont, and Appalachian regions ...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Reinsurance Clerk jobs
$46,603 to $54,648
Birmingham, Alabama area prices
were up 1.3% from a year ago
were up 1.3% from a year ago
What does a Reinsurance Clerk do?
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Reinsurance Clerk in Bloomington, IN
Based on our compensation data, the estimated salary potential for Insurance Reinsurance Clerk will increase 16 % over 5 years.
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Reinsurance Clerk in Spokane, WA
Receives reinsurance application from prime insurer.
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