Reinssurance Technician

Job Description

Reinssurance TechnicianLondon£60,000 - £500,000 per annumBased in the Reinsurance Operations team within the Finance department, this role will deliver effective client administration and financial close processes. The individual will work closely with the Financial Accounting and Actuarial teams to deliver effectivefinancial reporting and performance management information for our treaties and portfolios. The role will be primarily responsible for the administration of reinsurance accounts, policy and claims data processing and analysis, treaty accounting and credit control for a portfolio of treaties.The successful candidate will utilise the treaty data to develop performance insights across the in force portfolio. The individual will be a key contributor to a successful project portfolio, identifying and delivering operational enhancements as part of amulti-disciplinary team. The role provides an excellent opportunity to develop experience of operations, performance analysis, stakeholder management, and financial responsibilities.Duties & Responsibilities:*  Responsible for the operation of a portfolio of client accounts, ensuring that the client provides high quality data which meets the needs of the Branch*  Ensure that policies reinsured by the clients adhere to the agreed treaty terms and conditions, and are managed within relevant service standards*  Maintain the accuracy and integrity of client technical accounting through the Companys financial reporting system, in line with reporting deadlines*  Ensure all claim settlement requests from the portfolio are appropriate, within treaty terms and conditions, and settled within relevant service standards*  Design and implement appropriate financial controls over client accounts to enable the effective management of the business*  Develop and maintain strong relationships with clients*  Collaborate with the Treaty Accountant and Data Management team to develop high quality analytics and business performance reporting*  Provide expert accounting and administration support for the Business Development team*  Participate in operational improvement and project activities to enhance the effectiveness of the team  Maintain a current knowledge of relevant reporting and operational requirements*  Develop and maintain good relations with colleagues across the Hannover Re GroupQualifications Required:Part-qualified accountant preferred*  Degree level Experience:*  Maintenance and execution of operational processes in a financial environment*  Technical accounting or reconciliation experience*  Prior experience in L&H reinsurance would be preferred*  Management of relationships with external partiesSkills:*  Excellent numeracy skills*  Excellent communication skills*  Inquisitive and analytical mindset and a natural problem solver*  Excellent organisational skills with the ability to follow direction and work independently as required*  Growth mindset with a focus on continued self development*  Sound understanding of the Microsoft Office suite of products, including Excel*  Experience of Power BI an advantage

Keyskills :
accountantreinsuranceReinssurance Technician