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Assumed Reinsurance Claims Analyst

Role overview

Qualifications

  • Right to work in this location
  • 5+ years’ experience handling assumed claims and coverage matters
  • Strong quota share experience
  • Technical knowledge of long-tail claims, ideally including asbestos, pollution or abuse

Responsibilities

  • Take ownership of claims from assessment through resolution
  • Review treaties and facultative certificates, setting reserves, negotiating settlements
  • Oversee cedent relationships, conduct claims audits, identify savings opportunities
  • Support due diligence for new acquisitions

Key facts

Hard skills

Other skills

  • Negotiation
  • Analytical Skills
  • Relationship Building
  • Prioritization

About the company

Compre Group logo

Compre Group

Compre is a leading legacy specialist with over 30 years of experience in the acquisition and management of insurance and reinsurance companies and portfolios in run-off. Compre is a business with operations in Finland, Germany, Malta, Bermuda, Switzerland the US, and UK. We have local relationships with counterparties across the whole of Europe and North America. Our key objective is to secure legal, financial and operational finality for insurers and reinsurers seeking to exit their legacy exposures. We aim to do this using a collaborative approach that ensures our solutions get to the heart of the problems that our counterparties face. Track Record Compre completed its first run-off company acquisition in 1994 and to date has completed: • 11 company acquisitions in Finland, Germany, Sweden, Switzerland and the UK • 34 individual business portfolio acquisitions in Belgium, Denmark, Finland, France, Germany, Luxembourg, Ireland, Portugal, Norway, Sweden, and the UK. The companies we have acquired business from include: Allianz, Axa, Generali, Gjensidige, HSBC, QBE and Swiss Re. We have been consistently trusted by major financial institutions for over 30 years to deliver complex finality solutions and manage their future claims.

Company details

Company size51 - 200

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Job description

Assumed Reinsurance Claims Analyst

North America Remote [East Coast preferred]

full-time 

We are a fast-growing global reinsurance speciality company servicing the insurance markets of Lloyd’s, Europe and North America.

We are seeking an experienced claims professional to manage quota share and mid-complexity assumed reinsurance claims across multiple disciplines and territories. The portfolio includes asbestos, environmental, abuse and toxic tort cessions.




Key Responsibilities You will take ownership of claims from assessment through resolution, including reviewing treaties and facultative certificates, setting reserves, negotiating settlements and managing disputed matters. You will also oversee cedent relationships, conduct claims audits, identify savings opportunities and support due diligence for new acquisitions.
Skills Knowledge and Expertise • Right to work in this location
• 5+ years’ experience handling assumed claims and coverage matters
• Strong quota share experience
• Experience interpreting complex treaty programmes and facultative certificates
• Technical knowledge of long-tail claims, ideally including asbestos, pollution or abuse
• Strong negotiation, analytical and written communication skills
• Ability to manage priorities and work independently in a remote environment
• Four-year degree or equivalent professional experience
• Contributing positively to our culture and values. 

This role suits a proactive claims specialist who combines technical expertise with sound commercial judgement, strong relationship-building skills and a strategic approach to resolution.


Benefits Why join us?

At Compre, we offer a range of benefits and team engagement events and provide a supportive environment for learning and growth. We are intent upon building a great business, and over the last few years, we have expanded our markets across Europe, Lloyd's, and North America. Our team is based in Bermuda, Finland, Germany, Malta, UK and the US.

To keep our globally dispersed team connected, we have various employee resource groups, including Wellbeing, DEI, COMMS and Engagement. 

We invest in our people and offer learning and development opportunities for leaders and employees to build confidence and grow their skill sets. We value teamwork, authenticity, and innovation, and provide a space for these behaviours to bloom at Compre.


Fulfil your potential in a collaborative environment with some of the best talent in the industry, while enjoying:

• Flex First 
o Empowering employees to thrive in any location. Our innovative Flex First approach enables employees to perform to their full potential, regardless of their location, while fostering a sense of community through regular events and collaboration.
• Benefits
o Competitive salary and bonus eligible 
o Medical, EAP, dental, & vision insurance for individuals and families
o Excellent HSA plan with Compre funding Life Insurance
o 401k with Company Match
o Company Off-Site Meetings
o Remote Worker Expenses
o Health and Wellbeing Programs 
o Employee Referral Program
• Personal Development
o Advancing your professional development through ongoing learning opportunities.
• Time Off
o Generous vacation and holiday schedule STD & LTD coverage

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MR

Marcus Rivera

Chief Revenue Officer

m.rivera@company.com
linkedin.com/in/marcusrivera
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