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Who Are We?

Taking care of our customers, our communities and each other. That’s the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 160 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Imagine loving what you do and where you do it.

Job Category

Finance and Accounting

Compensation Overview

The annual base salary range provided for this position is a nationwide market range and represents a broad range of salaries for this role across the country. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment. As part of our comprehensive compensation and benefits program, employees are also eligible for performance-based cash incentive awards.

Salary Range

$59,200.00 - $97,700.00

Target Openings

1

What Is the Opportunity?

Under moderate supervision, the Analyst, Ceded Reinsurance Claims, is an entry to intermediate analyst position responsible for reviewing, analyzing and processing less complex losses on assigned contracts. The Analyst will also participate in less complex projects and provides functional support as assigned. This job does not manage others.

What Will You Do?

+ Identify, review and confirm reinsurance coverage for losses.

+ Calculate and record proper financial results (reserves/billings).

+ Analyze and record all losses within company guidelines and issue timely notices, updates and billings for losses covered under our reinsurance contracts.

+ Collect reinsurance receivable; present solutions to review with supervisor / management to resolve reinsurer disputes. Has experience and skill-set to independently address less complex reinsurer questions. This includes independently consulting with our brokers, business units, reinsurers, and internal experts to resolve specific questions regarding billing and reserves.

+ Participate on various Ceded Reinsurance/Company projects and initiatives (ex: commutations, insolvency, audit, etc.).

+ Anticipate and resolve problems and/or make recommendations on possible solutions, and refer critical issues to the appropriate level of management.

+ Ensure that internal/external clients receive excellent service.

+ Develop positive relationships with business unit, brokers, and reinsurer contacts to meet business unit needs and develop long-term relationships.

+ Assist management in the development of report standards, formats and procedures, to create operational and workflow efficiencies.

+ Occasionally attend reinsurer and broker meetings to discuss assigned claims/issues.

+ May be responsible for reinsurer audit coordination.

+ Other duties as assigned.

+ Perform other duties as assigned.

What Will Our Ideal Candidate Have?

+ General knowledge of insurance business or reinsurance preferred.

+ General understanding of introductory level insurance/reinsurance concepts preferred.

+ Intent to begin coursework toward professional designation (ARe, CPCU) within 18 months of hire preferred.

What is a Must Have?

+ Bachelor's degree required; In lieu of degree, a minimum of 6 months related experience is required.

+ Intermediate verbal, written and interpersonal skills required.

+ Intermediate presentation skills required.

+ General knowledge Word & Excel Skills required.

+ Intermediate analytical, problem resolution, decision making and organizational skills required.

+ Demonstrated ability to respond quickly to changing priorities required.

+ Flexibility (demonstrated ability to adjust to new situations and changing priorities) required.

+ Demonstrated ability to think through and resolve simple/routine problems and/or offer recommendations on solutions to manager.

+ Technical Skills:Demonstrated ability to work independently and in a team environment required.

+ Excellent time management skills required.

What Is in It for You?

+ **Health Insurance** : Employees and their eligible family members – including spouses, domestic partners, and children – are eligible for coverage from the first day of employment.

+ **Retirement:** Travelers matches your 401(k) contributions dollar-for-dollar up to your first 5% of eligible pay, subject to an annual maximum. If you have student loan debt, you can enroll in the Paying it Forward Savings Program. When you make a payment toward your student loan, Travelers will make an annual contribution into your 401(k) account. You are also eligible for a Pension Plan that is 100% funded by Travelers.

+ **Paid Time Off:** Start your career at Travelers with a minimum of 20 days Paid Time Off annually, plus nine paid company Holidays.

+ **Wellness Program:** The Travelers wellness program is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health program provides access to free professional counseling services, health coaching and other resources to support your daily life needs.

+ **Volunteer Encouragement:** We have a deep commitment to the communities we serve and encourage our employees to get involved. Travelers has a Matching Gift and Volunteer Rewards program that enables you to give back to the charity of your choice.

Employment Practices

Travelers is an equal opportunity employer. We value the unique abilities and talents each individual brings to our organization and recognize that we benefit in numerous ways from our differences.

In accordance with local law, candidates seeking employment in Colorado are not required to disclose dates of attendance at or graduation from educational institutions.

If you are a candidate and have specific questions regarding the physical requirements of this role, please send us an email ([email protected]) so we may assist you.

Travelers reserves the right to fill this position at a level above or below the level included in this posting.

To learn more about our comprehensive benefit programs please visit http://careers.travelers.com/life-at-travelers/benefits/ .