Market leading Insurer and Reinsurer is looking for Reinsurance Asset Handler to join their Reinsurance Asset Management Team.
The Reinsurance Asset Management team are responsible for all post-bind operational aspects of outwards reinsurance. This includes treaty set up, recoveries, cash allocation, credit control, reporting, broker communications and reconciliations.
This is a Fixed Term Contract (12 Months) hybrid role with the flexibility to work both virtually and from the company’s London office.
Specific Responsibilities will include:
*Identification and Calculation of Reinsurance Asset focused on Quota Share Reinsurance
*Calculation of premium and claim bordereaux to support the production of reinsurance accounts on complex global reinsurance contracts
*Complete the booking of premiums, profit commissions, sliding scale commissions and cash calls
*Assist and liaise with the credit control team
*Liaise with Finance Team, Claims Team, Brokers and clients to resolve queries.
*Assist with the delivery of KPI’s
*Review and update tracking tools
*Support the collation of data for internal and external audit and internal controls
Skills and Experience Required:
*Ability to learn and adapt in a dynamic environment
*Reinsurance knowledge
*London Market Company and Lloyd’s Syndicate experience preferred
*Strong verbal and written communication skills, ability and confidence to challenge existing procedures and use of systems
*Strong computer skills - knowledge of Microsoft Excel Pivot Tables, V-Lookups, and MS PowerPoint preferred