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Date Added: Sat 23/11/2024

Reinsurance Asset Handler

London, SE1, UK
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Company: AMC INSURANCE APPOINTMENTS LTD

Job Type: Contract, Full Time

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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