SENIOR CEDED RE CLAIMS ANALYST

CNA has provided essential insurance to businesses for more than 100 years. We are respected worldwide as experts in understanding risks with an innovative portfolio of products and services.


 


CNA products include standard commercial lines, specialty lines, surety, marine and other property-casualty coverages. CNA services include risk management, information services, underwriting, loss control and claims administration.


 


Our comprehensive approach to insurance opens doors to an array of career opportunities. We offer an environment that challenges you to learn, to use your imagination and to gain professional qualifications in a company where you are part of a team pursuing common goals.


 


Under technical direction, investigates, analyzes, resolves and processes ceded reinsurance claims. Works within specific limits of authority on assignments requiring technical complexity. Utilizing policies and guidelines, reviews treaties, determines liability and compensability, secures information, determines amount due company, notifies reinsurer, and pursues outstanding ceded balances in accordance with applicable reinsurance contract terms and conditions.


 


Performs a combination of the following duties in accordance with departmental guidelines:


1. Identifies claims eligible for reinsurance through analysis of direct claims activities, monitoring large loss notices, and interfacing with direct claims areas.


2. Works on ceded reinsurance claims under complex Treaties and/or Facultative certificates for recovery of outstanding ceded balances due the company.


3. Researches, interprets and analyzes specific facts and applies insurance and reinsurance concepts to understand coverage and liability issues.


4. Pursues recovery of the balances of the most complex or contentious reinsurance claims/accounts by influencing reinsurer, explaining coverage and liabilities and gaining support for position.


5. Works with others to define criteria necessary for creation of systems reports used to identify claims eligible for reinsurance.


6. Monitors aging of outstanding ceded balances and initiates action to ensure payment on timely basis.


7. Makes recommendations on ceded reinsurance claims policy and processes.


8. Provides guidance and assistance to less experienced ceded reinsurance claims staff and other functional areas.


9. Analyzes claims activities; prepares and presents reports to management.


 


Additional Responsibilities:


1. May be responsible for special claims projects and presentations.


2. Performs other essential duties as assigned.


 


Knowledge, Skills and Abilities


1. Solid technical and area specific expertise and knowledge of insurance and claims principles, practices and procedures.


2. Strong interpersonal and communication skills. Ability to effectively interact with all levels of CNA's internal and external business partners.


3. Strong analytical and problem solving skills.


 4. Ability to deal with ambiguous situations and issues.


5. Ability to exercise independent judgment and effectively resolve ceded reinsurance issues.


6. Knowledge of Microsoft Office Suite and other business-related software.


 


Education and Experience:


1. Bachelor's degree or equivalent experience. Applicable professional designations preferred.


2. Minimum three to five years of claims or reinsurance experience.


 


One of the many advantages of working at CNA is the exceptional benefit program which includes: medical, dental, vision, Savings and Accumulation Plan (S-CAP) with company contributions, prescription drug plan, flexible spending accounts, sick and disability benefits, life insurance, tuition reimbursement, a business casual dress code, and an Employee Assistance Program (EAP).


 


CNA is an Equal Opportunity Employer committed to a diverse work culture, M/F/D/V. Listed duties, responsibilities, requirements and functions are not meant to be all inclusive.


 


For more information on CNA, please visit our web site at