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Full-time
bachelor degree, postgraduate degree, professional certificate
Training and development opportunities
Posted 10d ago
~40 hrs/week
Responsibilities
Lead and manage all aspects of reinsurance claims operations, including large loss reporting and reinsurer audits. Oversee data quality from TPAs and manage a high-performing claims team across multiple locations.
Requirements
Requires a bachelor's degree and over 10 years of experience in reinsurance claims management. Candidates must possess deep knowledge of reinsurance agreements and strong leadership abilities.
Full job description
Join Starr, a global leader in commercial insurance with over a century of expertise. We empower our employees to innovate, make impactful decisions, and build lasting client relationships worldwide. At Starr, you'll work in an entrepreneurial culture alongside accessible leaders, leveraging our financial strength and vast industry experience to deliver solutions for our clients, no matter how complex. Grow your career with a rapidly growing company that invests in its people and their ability to drive real progress.
Job Title: Director, Reinsurance Claims
Location: NYC
Job Type: Full-Time
About Us: Starr Insurance is a leading global insurance and reinsurance company dedicated to providing innovative solutions to our clients. We are seeking an experienced and dynamic Director of Reinsurance Claims to join our team and lead our reinsurance claims department. This role offers an exciting opportunity to oversee large loss reporting, reinsurance reporting, claims audits by reinsurers, and more in a fast-paced and collaborative environment.
Position Overview: The Director of Reinsurance Claims will be responsible for leading and managing all aspects of our reinsurance claims operations, including overseeing large loss reporting, reinsurance reporting, claims audits by reinsurers, TPA & direct data quality, monthly and quarterly reporting, production, and review of bordereaux reporting, and managing a small staff across multiple locations.
Key Responsibilities:
Large Loss Reporting:
Oversee the identification and reporting of large losses to reinsurers.
Collaborate with the claims team to ensure accurate and timely reporting.
Calculate nets to the company and monitor large loss settlements and recoveries.
Reinsurance Reporting:
Manage the preparation and submission of reinsurance reports to reinsurers.
Ensure compliance with reinsurance agreements and reporting requirements.
Work closely with the finance team to reconcile reinsurance accounts.
Claims Audits by Reinsurers:
Coordinate and facilitate reinsurer audits of claims data and processes.
Address audit findings and implement corrective actions as needed.
Maintain strong relationships with reinsurers to promote transparency and collaboration.
TPA & Direct Data Quality:
Oversee the quality and accuracy of data provided by third-party administrators (TPAs) and in-house adjustors.
Implement data validation and reconciliation processes.
Work with TPAs and Starr Claim Managers to resolve data discrepancies.
Monthly and Quarterly Reporting:
Lead the preparation of monthly and quarterly reports on claims performance.
Provide insights and analysis on claims trends and metrics.
Ensure timely and accurate reporting to senior management and reinsurers.
Production and Review of Bordereaux Reporting:
Manage the production of bordereaux reports for reinsurers.
Conduct thorough reviews to ensure accuracy and completeness.
Address any discrepancies or issues with reinsurers.
Team Management:
Build and lead a high-performing claims team across multiple locations.
Provide coaching, mentorship, and professional development opportunities to team members.
Set performance goals and conduct regular performance evaluations.
Qualifications:
Bachelor's degree in a related field; advanced degree or relevant certifications (e.g., CPCU, ARe) preferred.
Extensive experience (10+ years) in reinsurance claims management, with a deep understanding of large loss reporting, reinsurance reporting, and audits.
Strong knowledge of reinsurance agreements, terms, and conditions.
Excellent analytical and problem-solving skills.
Effective leadership and team management abilities.
Exceptional communication and interpersonal skills.
Proficiency in reinsurance software and reporting tools.
Ability to manage multiple priorities and meet deadlines.
Starr is an equal opportunity employer, which means we'll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees. We offer first class training and development opportunities to all employees. Our aim is to grow our own talent and bring out the best in people.
Related keywords
ReinsuranceClaims ManagementLarge Loss ReportingBordereauxCPCUAReTPAClaims AuditCommercial InsuranceFinancial ReconciliationRisk ManagementProperty and Casualty Insurance
With 100+ years of experience across leading industries,
We apply an innovation mindset, agile approach,
And a global team with local expertise wherever you operate.
We help protect you across your global supply chain,
Futureproof for growth and respond swiftly in a crisis—
Meeting complexity with creativity to move your business ahead.
We believe your ambition shouldn’t have limits.
Starr helps you unlock what's possible.
Offices: 399 Park Avenue, 2nd Floor, New York, NY 10022, US · One International Place, 11th Floor, Boston, MA 02110, US · 1601 Market Street, Suite 1800, Philadelphia, PA 19103, US · 3353 Peachtree Road, NE, Suite 1000, Atlanta, GA 30326, US · 5960 Fairview Road, Suite 355, Charlotte, NC 28210, US
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