Job Details

Insurance Defense Attorney / Litigation Insurance Attorney in Manchester NH

Organization Type

In-House

Job Type

Attorney

Date Last Verified

Jul 20,2019

Posted on

Jul 11,2019

Years of Experience

Min 8 yrs required

Location

Manchester, NH, United States
Practice Area
Insurance Defense >> Insurance Defense
Litigation >> Litigation - Insurance
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Senior Reinsurance Collections Specialist
The candidate will be responsible for collecting monies due from reinsurers for complex collections and disputed matters. Will also participate in reinsurance and company projects as assigned. Collection of all reinsurance recoverable balances for an assigned territory associated with all lines of business and heavily weighted across Asbestos, Pollution and Health Hazard Claims exposures, including recoverables that require extensive research and reconciliation. Maintain the collection diary on continuing and targeted collection efforts in accordance with business rules and agreed upon strategic priorities. Coordinate with Claims and Legal to ensure reinsurance reports are produced consistent with reinsurance reporting obligations. Provide support to reinsurance counsel for escalated recoverables. Review and respond to complex and disputed collection issues. Review and respond to correspondence from reinsurers and/or brokers including providing substantive analysis of claim and reinsurance issues as necessary. Develop and present to management strategies for resolution of disputed balances following dispute management protocol. Seek authority for and engage in negotiated resolution of disputed balances. Coordinate with inside and outside counsel., Identify and explain those balances for which write-offs are appropriate. Conduct market meetings and market visits to foster and improve relationships with reinsurers to facilitate more timely collections.Provide relevant data and evidence of compliance in support of in/external risk and audit reporting. Partner with Digital Strategy to complete projects and initiatives involving accuracy of the Ceded Asset. Transfer knowledge and experience to Reinsurance, and other department, associates. May support efforts for reduction of Schedule F penalty, procurement of collateral and filing timely proofs of claim. Recommend improvements to collections processes. May support reinsurance system improvements through user acceptance testing. Identify and implement process improvements for Collections. Maintains high degree of confidentiality. Flexibility to assist management in various initiatives as needed. Contribute to all assigned departmental and/or company objectives and initiatives. Serves on organizational committees or projects as assigned. Models and practices the values. Should have 8+ years of experience in reinsurance collections and/or 8+ years APH claim handler experience. Should have Four-year college degree and Law degree is preferred.

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