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Reinsurance Treaty Technician

Job LocationChelmsford
EducationNot Mentioned
Salary£35,000 - £45,000 per annum
IndustryNot Mentioned
Functional AreaNot Mentioned
Job TypePermanent, full-time

Job Description

Duties and ResponsibilitiesVacancy OverviewEnsuring completion of tasks within agreed time frames, liaising with processing staffTreaty Management Reports - ensure these are completed for Team Leader to review and assist with escalation when necessaryProduction and analysis of Weekly, Monthly & Quarterly reports as part of the close process, including identification of anomalies and resolution (where possible)Ensure knowledge is kept up to date around new systems and procedures and provide training when requestedProvide resolution to processing queries raised by team membersUndertake Technical Accounting responsibilities (including processing) incorporating complex Inward Proportional & Non-Proportional treatiesReview & check accuracy of closings/documents of rendered accounts, cash calls, premium and loss reserve deposits; event claims management and trackingDemonstrate high level of attention to detail by producing exceptional quality and accurate technical data, when processing the technical accounts onto the Underwriting system - updating the system with accounting and payment information within agreed time framesTimely investigation and resolution of challenging accounts is expectedCollaborate with Claims Department on Inward Proportional treaty claims (inc event tracking)Collaborate with Internal and external clients to resolve queries or technical issues including Underwriters, Brokers, Cedants, Claims, IT, Operations, Finance and Credit ControlProviding requested documentation following Audit requestsUnderstanding of LOC/OCA process to include review and OCA processingSkills RequiredStrong technical reinsurance skills and ability to prioritize workload to meet deadlinesUnderstanding of general insurance and reinsurance principles is essentialUnderstanding & review profit commission/sliding scale calculations is essentialUnderstanding of complex accounts such as clean cut accounts (portfolio in and out) is essentialExperience of month end report checks is desirableExperience of oversight/peer review is desirablePrevious experience in a similar processing role within the Inward reinsurance marketUnderstanding of Proportional Treaty claim handling and event claims is essentialGood understanding of Bureau systems and procedures is desirableExcellent salary and benefits package.Remote and Office workingGreat opportunity to work within this highly regarded business.Please submit your CV to Su Partridge FIRP or please contact me for further informationThe Recruiter Specialists are acting as a Recruitment Agency Required skills

  • Claims
  • Lloyds Broker
  • Treaty
  • Lineslip
  • Bordereax
  • Keyskills :
    Claims Lloyds Broker Treaty Lineslip Bdereax

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