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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
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