Reinsurance Claims Manager - A&H
Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.
Nexus Specialty Inc is seeking a Reinsurance Claims Manager A&H to join our growing team in Morristown, NJ!
The Reinsurance Claims Manager – A&H’s primary function is to execute the day-to-day proactive management of all aspects of global A&H reinsurance claims, with moderate oversight from the Chief Claims Officer, US.
How You Will Contribute:
Input required data into the system to ensure accurate and up-to-date client accounts. This includes maintaining client information, policy details, and account activities for proper file management.
Review commercial applications, renewals, and endorsements for underwriting compliance. Verify that all documents meet the guidelines and approval authority set by the insurance carriers.
Prepare and process insurance binders, policies, endorsements, certificates, and cancellations. Ensure all documents are accurate, complete, and compliant with company standards and regulations.
Validate coverage details and ratings on policies, endorsements, audits, and cancellations. Check that the terms are correct and in line with the client's needs and the insurer's guidelines.
Maintain a tracking system for follow-ups on requests, correspondence, and tasks. This helps ensure that all communications and actions are addressed promptly, and no tasks are overlooked.
Process premium finance agreements and ensure clients are informed about payment plans. Facilitate the agreement process, ensuring it aligns with company policies and clients' payment preferences.
Generate and send timely billings and invoices to clients. Ensure that the invoices reflect the correct premiums, fees, and are issued promptly according to deadlines.
Notify accounting on the correct posting of payments for assigned accounts. Ensure that payments received are accurately recorded in the accounting system to maintain financial accuracy.
Assist in collecting premiums and handling audit adjustments from clients. Work with clients to resolve overdue premiums or audit-related issues, ensuring timely payments.
Provide backup support to other Account Managers and track policy expiration dates for renewals. Help ensure continuity of service during absences and monitor policies to prevent coverage lapses.
Skills & Experience to Be Successful:
10+ years of demonstrated ability handling A&H and/or P&C reinsurance claims
In-depth understanding of coverage issues, policy forms, reinsurance contracts, and regulatory requirements for A&H reinsurance claims
Computer literacy with strong skills in Outlook, Word, Excel and PowerPoint
Strong interpersonal abilities
Strong analytical and problem-solving skills, ability to quickly understand the nature of claims notified and the factors impacting potential losses
Outstanding communications and presentation skills
Strong financial analysis skills and an investigative, detail-conscious mind set
A good team player, capable of operating effectively in a small team environment and with a work ethic and style that are consistent with the company’s values
Pay Range
$125,000 - $150,000 AnnualThe pay range provided above is made in good faith and based on our lowest and highest annual salary or hourly rate paid for the role and takes into account years of experience required, geography, and/or budget for the role.
Teammate Benefits & Total Well-Being
We go beyond standard benefits, focusing on the total well-being of our teammates, including:
- Health Benefits: Medical/Rx, Dental, Vision, Life Insurance, Disability Insurance
- Financial Benefits: ESPP; 401k; Student Loan Assistance; Tuition Reimbursement
- Mental Health & Wellness: Free Mental Health & Enhanced Advocacy Services
- Beyond Benefits: Paid Time Off, Holidays, Preferred Partner Discounts and more.
Not reflective of all benefits. Enrollment waiting periods or eligibility criteria may apply to certain benefits. Benefit details and offerings may vary for subsidiary entities or in specific geographic locations.
The Power To Be Yourself
As an Equal Opportunity Employer, we are committed to fostering an inclusive environment comprised of people from all backgrounds, with a variety of experiences and perspectives, guided by our Diversity, Inclusion & Belonging (DIB) motto, “The Power to Be Yourself”.
Average salary estimate
If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.
At Nexus Specialty Inc, we're excited to offer a dynamic opportunity for a Reinsurance Claims Manager - A&H based in Morristown, NJ! Our company thrives on a culture of meritocracy, where self-starters are recognized and rewarded for their commitment to excellence. As a Reinsurance Claims Manager - A&H, you'll play a crucial role in managing global A&H reinsurance claims with the support of our Chief Claims Officer, US. Your day-to-day responsibilities will include maintaining client accounts, reviewing commercial applications for underwriting compliance, and processing various insurance documents, all while ensuring adherence to company standards and regulations. You'll have the chance to validate coverage details, maintain tracking systems for correspondence, and generate timely billings for clients. Your skills will shine as you assist in collecting premiums, handling audit adjustments, and providing backup support to fellow Account Managers. With over a decade of experience in A&H and P&C reinsurance claims, you’ll bring invaluable expertise around coverage issues, policy forms, and regulatory requirements. If you thrive in collaborative environments and possess strong analytical and communication skills, we welcome you to join our team. At Nexus Specialty Inc, we go beyond standard benefits to support the holistic well-being of our teammates, ensuring you have the resources and support you need to excel in your role. Join us and make an impact in the exciting world of reinsurance claims management!
As a Senior Account Manager at Brown & Brown, you will leverage your expertise to manage and enhance client relationships in a supportive and rewarding environment.
Join Morstan General Agency as an Underwriting Assistant to ensure precise evaluation of insurance applications.
Join Cardinal Health as a Warehouse Associate and contribute to the efficient flow of products in a dynamic warehouse setting.
As a Lead Logistics Tech at TriHealth, you will play a key role in managing tasks and training staff to ensure efficient workflow in the Transportation department.
Join American Express as a Director Assistant in Operational Risk Management, helping shape strategies and ensuring organizational effectiveness.
Join Dungarvin as an Operational Program Director, managing programs that enhance the lives of individuals with disabilities in a supportive role.
McKesson is looking for a Director of Enterprise Contracts Chargeback Solutions with extensive IT knowledge and leadership experience to join their operational team.
Join FPI Management as an Assistant Community Director where you'll support property operations and lead a dedicated team.
Wendy's is looking for a dedicated General Manager to drive success and inspire teams in a fast-paced restaurant environment.
Elevate your career with Domino's Pizza as a General Manager, leading your team in an exciting, fast-paced environment.
Subscribe to Rise newsletter
🔮
Hi, I'm Risa! Your AI Career Copilot
you, just ask me below!
Sign up for our weekly
newsletter of fresh jobs
