[Remote] Assumed Reinsurance Specialist (Analyst Level)

Remote Full-time
Note: The job is a remote job and is open to candidates in USA. Compre Group is a fast-growing global reinsurance specialty company servicing the insurance markets of Lloyd’s, Europe, and North America. They are seeking an experienced Assumed Reinsurance Complex Claims Analyst to handle mid to large complex assumed claims while ensuring adherence to company claims handling guidelines. Responsibilities • Proactively handle allocated claims to a high standard, including overall assessment of losses and reserves, and negotiation with counterparties to achieve timely settlements • Manage mid to large complex and disputed claims • Identify and report new trends or changes in the behavior of claims portfolio • Act as main contact and account manager of all assumed claims made by assigned cedent • Review and conduct analysis of reinsurance contracts. Evaluate coverage and all issues presented in claim cession, prepare claim inquiries, position letters and settlement agreements with minimal oversight • Conduct on-site and/or virtual claim audits of ceding companies • Identify and deliver opportunities for claims savings • Provide technical assistance in the due diligence process for new acquisitions, including the assessment of claims-related risks and opportunities • Understand new accounts upon acquisition, deliver against opportunities identified in due diligence • Manage arbitration/litigation and testify on behalf of the company as a witness in arbitration/litigation activity when required • Provide training and technical support to less experienced team members • Master the review and analysis of complex treaty programs and facultative certificates, complex coverage and contract issues and an understanding of underlying claims Skills • Minimum of 5-7 years of handling complex assumed claims and coverage experience preferred • Four-year college degree required or equivalent work experience • High level of claims handling technical experience and knowledge, providing consistently high-quality claims handling • Knowledge of key terms and conditions in contracts / policies and general knowledge of key legal positions in relevant jurisdictions • Effective verbal and written communication skills • Understanding of data analysis and trends • Experience with either asbestos, pollution and/or abuse claims would be highly desirable Benefits • Competitive salary and bonus eligible • Medical, EAP, dental, & vision insurance for individuals and families • 401k with Company Match • Company Off-Site Meetings • Remote Worker Expenses • Health and Wellbeing Programs • Employee Referral Program • Personal Development • Advancing your professional development through ongoing learning opportunities. • Time Off • Generous vacation and holiday schedule with STD & LTD coverage Company Overview • Compre Group operates as an insurance company. It was founded in 1991, and is headquartered in London, England, GBR, with a workforce of 51-200 employees. Its website is
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