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| Job Location | London |
| Education | Not Mentioned |
| Salary | Salary negotiable |
| Industry | Not Mentioned |
| Functional Area | Not Mentioned |
| Job Type | Permanent, full-time |
A City based insurance company seek a Senior Inwards Reinsurance Technician. Duties will include working on Inward Proportional Treaty & Non Proportional Treaty Management & Processing. It will also include the oversight of Accounts for Assumed RI Accounting & Technical Reconciliation.Duties and ResponsibilitiesManagement of Inbox ensuring completion of tasks within agreed timeframes, liaising with processing staff Treaty 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 timeframesTimely investigation and resolution of challenging accounts is expected Collaborate 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 desirableKnowledge of Property, Casualty, and Marine business classes desirable but not essential Required skills
Keyskills :
reinsurance OR treaty