Argo Group International Holdings, Inc . and American National, US based specialty P&C companies, (together known as BP&C, Inc.) are wholly owned subsidiaries of Brookfield Wealth Solutions, Ltd. (“BWS”), a New York and Toronto-listed public company. BWS is a leading wealth solutions provider, focused on securing the financial futures of individuals and institutions through a range of wealth protection and retirement services, and tailored capital solutions.

JOB DESCRIPTION

The Staff full-time position sits within the Ceded Reinsurance Department, leading Argo’s end-to-end reinsurance strategy from execution of placement to recovery of collections from our counterparties.
The Ceded Re – Operations team plays a vital role throughout the reinsurance life cycle. The team performs a variety of responsibilities in a collaborative manner to support claim noticing requirements, complex coverage issues, and ultimate collection of Argo’s reinsurance recoverables.
Due to the diverse nature of work, the role offers substantial personal and professional growth. The individual will have the opportunity to work on a highly visible team with key leaders across Argo Group and the marketplace, gain valuable basic and advanced reinsurance knowledge, and help reshape claims procedures.

QUALIFICATIONS AND SKILLS

• Self-motivated individual with an ability to effectively prioritize and multi-task
• Strong analytical skills and attention to detail
• Confident communicator at all levels of the organization and marketplace
• Base knowledge of insurance / reinsurance concepts
• General understanding of regulatory compliance and SOX requirements
• Knowledge of Microsoft Office Suite and other industry software
• Ability to work flexibly in a fast-paced environment

EDUCATION AND EXPERIENCE

• Bachelor’s degree or related equivalent work experience
• Prefer 2+ years of related work experience in insurance, claims, reinsurance claims, reinsurance, reinsurance operations or reinsurance accounting
• Prior claims experience is a bonus

The base salary range provided below is for hires in those geographic areas only and will be commensurate with candidate experience. Pay ranges for candidates in other locations may differ based on the cost of labor in that location. In addition to base salary, all employees are eligible for an annual bonus based on company and individual performance as well as a generous benefits package.

• Chicago Base Salary Range: $75k - $90k

• Ensure timely reporting and billing of reinsurance claims to brokers and markets
• Work with internal shareholders (Accounting, Claims, Legal, Underwriting) to respond to any reinsurance question and elevate issues to appropriate level as needed
• Identify, review, and confirm reinsurance coverage for losses across all lines of business
• Secure the timely and accurate settlement of reinsurance claims
• Manage resolution of any reinsurance claims dispute
• Track open ceded recoverable balances to ensure timely collection and follow-up
• Coordinate counterparty reinsurance audits
• Recommend improvements to existing processes and procedures
• Ad hoc projects and additional duties as assigned