Reinsurance is insurance that is purchased by an insurance company, in which some part of its own insurance liabilities is passed on ("ceded") to another insurance company. The company that purchases the reinsurance policy is called a "ceding company" or "cedent" or "cedant" under most arrangements. The company issuing the reinsurance policy is referred simply as the "reinsurer". In the classic case, reinsurance allows insurance companies to remain solvent after major claims events, such as major disasters like hurricanes and wildfires. In addition to its basic role in risk management, reinsur ...
ance is sometimes used to reduce the ceding company's capital requirements, or for tax mitigation or other purposes. A company that purchases reinsurance pays a premium to the reinsurance company, who in exchange would pay a share of the claims incurred by the purchasing company. The reinsurer may be either a specialist reinsurance company, which only undertakes reinsurance business, or another insurance company. Insurance companies that accept reinsurance refer to the business as 'assumed reinsurance'.
More Show Less
Our employees are at the heart of what we do: helping people, businesses and society prosper in good times and be resilient in bad times. When you join our team, you are bringing this purpose to life alongside a passionate community. Feel empowered to learn and grow while being valued for who you are. At Intact, we commit to supporting you in reaching your goals with tools, opportunities, and flexibility. It's our promise to you. Who we are. At I...
Why CIG. At Capital Insurance Group we offer our employees more than just a job. We foster career growth, provide opportunities to give back to our communities, and help you take the next step in your career. CIG was founded in 1898 by a group of earnest farmers in need of protection and today, we are the leading West Coast Property & Casualty insurer. CIG is certified as a Great Place to Work and provides a collaborative, inclusive, and fun work...
Why CIG. At Capital Insurance Group we offer our employees more than just a job. We foster career growth, provide opportunities to give back to our communities, and help you take the next step in your career. CIG was founded in 1898 by a group of earnest farmers in need of protection and today, we are the leading West Coast Property & Casualty insurer. CIG is certified as a Great Place to Work and provides a collaborative, inclusive, and fun work...
Why CIG. At Capital Insurance Group we offer our employees more than just a job. We foster career growth, provide opportunities to give back to our communities, and help you take the next step in your career. CIG was founded in 1898 by a group of earnest farmers in need of protection and today, we are the leading West Coast Property & Casualty insurer. CIG is certified as a Great Place to Work and provides a collaborative, inclusive, and fun work...
Why CIG. At Capital Insurance Group we offer our employees more than just a job. We foster career growth, provide opportunities to give back to our communities, and help you take the next step in your career. CIG was founded in 1898 by a group of earnest farmers in need of protection and today, we are the leading West Coast Property & Casualty insurer. CIG is certified as a Great Place to Work and provides a collaborative, inclusive, and fun work...
Why CIG. At Capital Insurance Group we offer our employees more than just a job. We foster career growth, provide opportunities to give back to our communities, and help you take the next step in your career. CIG was founded in 1898 by a group of earnest farmers in need of protection and today, we are the leading West Coast Property & Casualty insurer. CIG is certified as a Great Place to Work and provides a collaborative, inclusive, and fun work...
We're looking for a. Reinsurance Specialist. to play a key role in the day-to-day administration of our Life, DI, Annuity, and NSLAC reinsurance programs. In this role, you'll process premium transactions and policy updates, support death claim activity, and help ensure our reinsurance data is accurate and up to date across systems. You'll prepare monthly and quarterly reports, partner with internal teams and external reinsurers to reconcile any ...
What you will be doing. Entry-level Actuarial Analyst positions are hired into the Actuarial Rotation Program. This program provides the opportunity to rotate among the following actuarial departments within Constellation Insurance. Valuation. Special Projects. Enterprise Risk Management. Product Development. Hedging. Reinsurance. As part of this program, candidates will be hired into one of these departments and spend a minimum of two years in t...
Responsible for accurately calculating and analyzing rates for large employer groups using the historical utilization and demographics of the account. Extract and analyze historical data of the account to ensure accuracy and good logic. Analyze the overall composition of the group to ensure that the total risk is not excessive and identify any anomalies that may be present that would justify an adjustment. Produce accurate rate renewals and rate ...
Employment Type. Full-time. Exempt or Non-Exempt. Exempt. Job Summary. Hybrid Work Environment - Must reside in Hawaii. Pay Range. $47,500 to $88,000. Note. Individuals typically begin between the minimum to middle of the pay range. Prepare and analyze rate proposals and financial reports to support the Account Management and Sales Department in the account rate renewal process or new account process and execution of the account's contract. May a...
For more Job Opportunities follow FINTRUST CONNECT here. FinTrust Connect: Jobs | LinkedIn. Reinsurance Accountant – St. Petersburg, FL. FinTrust Connect has partnered with a well-capitalized insurance institution that is seeking a skilled Reinsurance Accountant to support its growing accounting team. This opportunity is ideal for candidates with solid experience in general and reinsurance accounting who are looking to deepen their expertise in s...
