Senior Reinsurance Technical Accountant - London Market Insurance

Senior Reinsurance Technical Accountant - London Market InsuranceSummary of the role:

Understand & anticipate Client’s business needs, concerns & issues and be able to proactively resolve.
Annually reviews of current reinsurance program structures and provides any insight which might help client team for alternatives and recommends changes.
Participate in reinsurance renewal strategy to ensure Operations performance targets are achieved.
Provides leadership, guidance, and direction to enhance productivity, and performance outcomes of Offshore team.
Coordinating on the operations of the Underwriting, Claims
Provides strategic and operational support to the Business team.
Notification & communication with Cedant /Brokers to under relevant reinsurance contracts and providing all relevant information.

As part of your duties, you will be responsible for:

Provides strategic and operational support to the business team.
Technical verification of statement of account from contracts signed between Reinsurer and insurance companies, brokers etc.
Exception based handling of accounts and Verification of the reported numbers especially Contractual obligations like Profit commission, No Claim Bonus, Prem Adjustments & large losses including Cash Calls.
Review of Large Technical booking of reinsurance premiums and losses & Cash Calls as per established guidelines including escalation to Claims operations for Cash call processing etc.
Communication and coordination with Underwriter or market (Broker/Cedants) in case of any discrepancy or delays.
Clarify discrepancies and coordinate with Finance on various financial reconciliation.
Managing Quarterly Technical Cedant closing activities
Ensure timely publications of Various Reporting like Volume, Missing SOAs, EPI Vs actual, Missing Adjs. RIPs, Contractual obligation like PC/NCBs etc.

Qualifications and experience we consider to be essential for the role:

Skills and Personal attributes we would like to have:

Reinsurance Technical accounting exposure.
Knowledge of P&C Reinsurance Business
Committed to achieving specific objectives and takes ownership for accomplishing them.
Effectively balances quality, customer service and productivity standards.

APPLY NOW

Senior Reinsurance Technical Accountant - London Market Insurance Related Jobs