Senior Reinsurance Collections Specialist

The RiverStone Group is the preeminent insurance run-off manager in the world and is owned by Fairfax Financial Holdings Limited, a financial services holding company, publicly traded on the Toronto Stock Exchange under the symbol FFH.

* Responsible for collection and resolution of disputed reinsurance recoverable balances for all portfolios. Provides support to Office of General Counsel on Ceded arbitration or litigation. * Recommend dispute resolution plan to management including any potential dispute provision. Collaborate with Reinsurance Specialist to ensure any approved dispute provision is recorded in the system timely and accurately * Directly involved in the collection of more complex reinsurance recoverable balances, including providing substantive analysis of claim and reinsurance issues, where necessary. * Provides training and guidance relative to substantive claim issues to Reinsurance Specialists * Researches large net balances for potential collectible reinsurance. * Assists in the management of reinsurer audits for all portfolio’s consistent with prescribed audit protocols * Continually look for improvements in workflow and procedures and make implementation recommendations to manager. * Provides support as needed to internal audit inquiries. * Identifies major changes in incurred and outstanding loss reserves, prepares reports for managerial review and assessment * Provides support as needed to internal audit inquiries. * Provides support to commutation team * Maintains high degree of confidentiality * Serves on organizational committees or special projects as assigned * Models and practices RiverStone values

* Understanding of underlying direct claims, including coverage issues and allocation analysis * Understanding of reinsurance contracts, both treaty and facultative * Ability to work independently with little supervision * Must have sound analytical, interpersonal and communication skills (both written and verbal) with the ability to work effectively with reinsurers, peers and management * Must have sound negotiation skills * Good organizational skills are required. Must be able to prioritize and handle multiple assignments or projects simultaneously and meets established deadline * Ability to interview candidates for positions, provide feedback to direct reports and train in a one on one setting or in small groups * Excellent computer skills and knowledge of database management software (i.e., Access and Outlook) and application software (i.e., MS Word, Excel, and PowerPoint) is required * High level of competency with reinsurance systems * Strong mathematical skills **Required Education** * Bachelor’s degree preferred or equivalent work experience **Required Experience** * 4+ years of experience in reinsurance collections and or 4+ years APH claim handler experience