Job Description

Job Description

Job Description

Position Summary:

Alan Gray is seeking an experienced and detail-oriented Assumed Reinsurance Claims Adjuster to manage and adjudicate complex legacy Asbestos and Pollution (AP) claims within our assumed reinsurance portfolio. The ideal candidate will have 5–10 years of relevant claims handling experience, with deep knowledge of long-tail liability exposures and a proven ability to navigate multi-layered coverage structures, reinsurance contracts, and legal frameworks related to environmental and toxic tort litigation.

Key Responsibilities:

• Review and evaluate assumed reinsurance claims related to asbestos, pollution, and other long-tail liabilities, with an emphasis on accuracy, timeliness, and adherence to contract terms.
• Interpret and apply reinsurance treaties, facultative certificates, and claims agreements to determine coverage, limits, and obligations.
• Analyze and assess complex claim files, including claim reports, loss data, legal filings, and historical documentation.
• Collaborate and maintain open communication with ceding companies, brokers, legal counsel, actuaries, and internal stakeholders.
• Participate in audits of cedents and assist with due diligence, contract clarification, and claim development strategies.
• Maintain current and accurate claim documentation, reserve recommendations, and payment requests in compliance with internal procedures and regulatory requirements.
• Monitor developments in asbestos and environmental litigation and assess their potential impact on claim trends and exposure.
• Contribute to internal claim reviews and reporting, including the preparation of summaries for leadership.

Qualifications:

• 5–10 years of experience handling complex liability claims, with a significant portion focused on asbestos and/or environmental/pollution -related claims.
• Strong working knowledge of assumed reinsurance (treaty and facultative), including coverage interpretation, allocation methods, and loss development.
• Familiarity with U.S. legal and regulatory environments governing long-tail liability exposures.
• Demonstrated experience working with large loss portfolios and managing claims across multiple policy years and layers.
• Excellent analytical, negotiation, and written/oral communication skills.
• Proficiency in Microsoft Office; experience with reinsurance claims systems a plus (e.g., SAP, Guidewire, or custom platforms).
• Bachelor’s degree in business, insurance, or related field preferred; CPCU, ARe, or equivalent designation strongly preferred.
• Ability to work independently and exercise sound judgment with minimal oversight.
• Detail-oriented with strong organizational skills and the ability to manage competing priorities.
• A collaborative mindset with a commitment to knowledge sharing and process improvement.
• Experience working in a legacy, runoff, or reinsurance company environment is a plus

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