Reinsurance Specialist jobs in Springfield, IL

Reinsurance Specialist performs routine reinsurance administrative duties, such as maintaining records, processing and verifying new business. Organizes the preparation of monthly and annual reports and ensures reinsurance information has been recorded accurately. Being a Reinsurance Specialist performs reconciliation of premium billing statements and DAC tax calculations and maintenance of various reinsurance operations. Researches and resolves the more complex cases and provides guidance to others. Additionally, Reinsurance Specialist may review work performed by others and train new staff. Works towards industry designations (e.g., FLMI, ARA, ACS, etc.). Requires a bachelor's degree. Typically reports to a manager or head of a unit/department. The Reinsurance Specialist gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. To be a Reinsurance Specialist typically requires 2 to 4 years of related experience. (Copyright 2024 Salary.com)

Recently Added Reinsurance Specialist jobs

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Reinsurance Coordinator
  • NTT DATA
  • Decatur, IL FULL_TIME
  • Job Description

    NTT Data is assisting our Healthcare client in their recruiting efforts for this role. 90 days temp to hire-start date asap
    • Position may be performed onsite or offsite, if work is performed offsite, location must be HIPAA Compliant.
    • Overtime must have prior approval.
    • MUST HAVEs: Previous experience with handling/working large claims, and/or with stop loss claims.
    • NICE-TO-HAVEs: prior experience with TPA or claim system knowledge, familiarity.
    • $$22-$23/hr depending on experience.
    Position Summary: The position will report to the Chief Financial Officer (CFO). The Reinsurance Coordinator will be responsible for all aspects of the reinsurance process as it relates to client stop loss claims and reimbursement.

    Principal Duties and Responsibilities:
    • Work closely with our reinsurance carriers externally, as well as the Claim's Department internally, to ensure all claims eligible for stop loss reimbursement are received, reported and processed timely. Provides updates to internal teams, vendors and clients as needed.
    • Complete and file appropriate documentation to reinsurance carriers for specific and aggregate claims. This includes but is not limited to 50% notifications, claim reimbursements, additional information as requested by the carrier, etc.
    • File stop loss reimbursement claims for assigned clients according to the requirements of each stop loss contract.
    • Monitor reimbursements from stop loss carrier.
    • Work with general underwriters, carriers and clients to resolve any issues regarding stop loss reimbursement.
    • Updates current spreadsheet of filed and outstanding reinsurance claims as well as denied claims.
    • Creates, maintains, and distributes weekly and monthly reporting to the CFO, Claims Director and Client Relations Consultants (per assigned client).
    • Perform other duties as assigned.
    • Attend required in-service and staff meetings.
    • Preserve the confidentiality of all business-sensitive information, including but not limited to that of insured groups and individuals, employees and applicants.
    Knowledge, Skills, and Ability Requirements:
    • High School Education required, come college preferred.
    • Excellent written and verbal communication skills.
    • Strong analytical and problem-solving skills.
    • Must be able to perform data entry operations quickly and accurately.
    • Strong computer skills, including Word, Excel, Outlook, and Claims System organization.
    • Basic understanding of accounting procedures.
    • ICD-10 and CPT code experience preferred.
    • Must be highly organized and detail oriented
  • 19 Days Ago
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Reinsurance Coordinator
  • Consociate Health
  • Decatur, IL FULL_TIME
  • Job Description: Shift: First Shift,Mon,Tue,Wed,Thu,Fri This position will report to the Director of Stop Loss/Reinsurance of Consociate Health. The Reinsurance Coordinator will be responsible for all...
  • 8 Days Ago
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Dementia Specialist
  • SYNERGY HomeCare of Central Illinois
  • Springfield, IL FULL_TIME
  • **New bonus program- Earn up to $1,950 a year just for working 40 hours a week!** Hours available immediately! Days, afternoons, evenings, overnights (full or part-time) We service: Springfield and th...
  • 13 Days Ago
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Dementia Specialist
  • Synergy HomeCare 1
  • Springfield, IL FULL_TIME
  • **New bonus program- Earn up to $1,950 a year just for working 40 hours a week!** Hours available immediately! Days, afternoons, evenings, overnights (full or part-time) We service: Springfield and th...
  • 14 Days Ago
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Visitation Specialist
  • Chaddock
  • Quincy, IL FULL_TIME
  • To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability req...
  • 14 Days Ago
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Payroll specialist
  • SitusAMC
  • Springfield, IL FULL_TIME
  • SitusAMC is where the best and most passionate people come to transform our client’s businesses and their own careers. Whether you’re a real estate veteran, a passionate technologist, or looking to ge...
  • 14 Days Ago
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0 Reinsurance Specialist jobs found in Springfield, IL area

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Sr. Construction Defect Claims Adjuster- Remote
  • NARS
  • Springfield, IL
  • Job Description Job Description Sr. Construction Defect Claims Adjuster Apply today so we can talk to you about why NARS...
  • 4/23/2024 12:00:00 AM
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Independent Insurance Claims Adjuster in Springfield, Illinois
  • MileHigh Adjusters Houston Inc
  • Springfield, IL
  • Exciting Opportunity for Aspiring Claims Adjusters! INDEPENDENT INSURANCE CLAIMS ADJUSTERS NEEDED NOW! Are you ready to ...
  • 4/22/2024 12:00:00 AM
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Life Insurance Agent/Broker (Remote)
  • Mitchell Agency
  • Springfield, IL
  • We are looking for life insurance agents or unlicensed salespeople to work remotely for one of the fastest-growing compa...
  • 4/22/2024 12:00:00 AM
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Springfield, IL - Field Inspector - Insurance Loss Control
  • H & S Loss Control Inspections
  • Springfield, IL
  • Qualified Field Inspectors for Insurance Loss Control are needed in your area! Immediate placement available. Pay: We pa...
  • 4/21/2024 12:00:00 AM
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Remote Insurance Agent
  • Dorr Agency
  • Springfield, IL
  • Looking for your last career stop? Interested in an industry change? Seeking work-life balance? The Dorr Agency is seeki...
  • 4/21/2024 12:00:00 AM
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Outside Sales Agent
  • Integrity Insurance and Financial Services
  • Springfield, IL
  • Job Description Job Description Outside Sales Exclusive General Agent for Blue Cross Blue Shield of Illinois and Texas I...
  • 4/20/2024 12:00:00 AM
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Remote Work from Home Life Insurance Agent
  • Symmetry
  • Springfield, IL
  • Remote Work from Home Life Insurance Agent Must be authorized to work in the US, no work visas offered at this time Orga...
  • 4/19/2024 12:00:00 AM
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Independent Insurance Claims Adjuster in Jacksonville, Illinois
  • MileHigh Adjusters Houston Inc
  • Jacksonville, IL
  • Exciting Opportunity for Aspiring Claims Adjusters! INDEPENDENT INSURANCE CLAIMS ADJUSTERS NEEDED NOW! Are you ready to ...
  • 4/19/2024 12:00:00 AM
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About Springfield, Illinois

Springfield is the capital of the U.S. state of Illinois and the county seat of Sangamon County. The city's population of 116,250 as of the 2010 U.S. Census makes it the state's sixth most populous city. It is the largest city in central Illinois. As of 2013, the city's population was estimated to have increased to 117,006, with just over 211,700 residents living in the Springfield Metropolitan Statistical Area, which includes Sangamon County and the adjacent Menard County. Present-day Springfield was settled by European Americans in the late 1810s, around the time Illinois became a state. The...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Reinsurance Specialist jobs
$55,277 to $71,563
Springfield, Illinois area prices
were up 1.3% from a year ago
View detail

What does a Reinsurance Specialist do?

Reinsurance Specialist in Mobile, AL
Our host, Robby Brayton, is a real-life Reinsurance Specialist.
February 05, 2020
Reinsurance Specialist in Springfield, MA
Guy Carpenter, a global risk and reinsurance specialist and business of Marsh & McLennan Companies, has appointed Mr Jeff Saper as CEO of the Pacific region with immediate effect.
January 25, 2020
Reinsurance Specialist in Cleveland, OH
Robert Rice recently emigrated from South Africa to join Aon’s life reinsurance solutions team in Australia as life reinsurance specialist, with the remit of enhancing and delivering Aon’s life reinsurance advisory and risk management solutions proposition to the Australian market.
January 19, 2020