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Hudson Insurance Company Work Values
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Daily Duties at Hudson Insurance Company:
● Charged four entities with more than $800M and 200 programs reinsurance contracts setup in Freedom Reinsurance System (FRS) and processing ● Interacted with underwriters, claim department and program accountants to setup all company reinsurance contracts by entity and program from ITD of 1992 inFreedom Reinsurance System (FRS), and the in charge of system maintenance and GL interface duties ● led and worked with 7 employees to verify and reconcile the results of Ceded Premium, UPR, Earned, Losses and LAE PD, Losses, LAE Reserves, ProfitCommission and IBNR to the FRS system and GLs on monthly and quarterly basis ● Fully streamlined and automated the reinsurance processing with FRS reinsurance system including interface to GL ● Provided variance analysis and ad hoc reports to CFO for GAAP and Statutory filings ● Verified and posted incoming and outgoing cash going into FRS and GL accounts, XOL cash calls and reinstatement, premium adjustment of ContingencyXOL and Stoploss, and profit commission and fundhelds ● Worked with internal audit by providing explanation and documentations and procedure walk through for SOX ● Prepared companies’ Statutory Sch. F, Treasury Sch. F, 10 largest claims and Letter of Credit request for each unauthorized reinsurer ● Assisted employees to reconcile their GLs to the bank statements, reinsurance statements and bordereaux ● Provided receivable account aging analysis on quarterly basis and conduct Letter of Credit drawdown when reinsurers are 90 days overdue
What they like about Hudson Insurance Company:
You give high priority to hiring firms with prestige. Market reputation and prestige of a firm may be determined through on-line research, and conversations with individuals working in your target industry. Note that firms "in the public eye" receive a great deal more critical publicity and attention than those operating with more anonymity. So as you assess your employment opportunities, be sure to seek out the positive aspects of the firm's reputation in addition to noting negative publicity the company may have received.
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Information about Hudson Insurance Company
Company Rank: Not Available
Average length of employment : 9 years
Average salary of employees: $102,727
These are some of the questions we asked our climbers about their experiences with Hudson Insurance Company:
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| Were your performance expectations clearly communicated? | 0.0 |
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| Were you recognized for meeting or exceeding expectations? | 0.0 |
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| Did you feel like your personal contribution was important? | 0.0 |
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| Was your career path clearly outlined and discussed? | 0.0 |
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| I would recommend this as a place of employment. | 0.0 | |
| I believe in the purpose of this organization. | 0.0 | |
| I would work for this organization again. | 0.0 | |
| I feel employees are fairly compensated. | 0.0 |
