Full job descriptionOur client, a growing Lloyd’s Syndicate, have a new opening for a Reinsurance Technician. Responsibilities will include assisting with the administration of all reinsurance post placement functions including contract booking, claims recoveries, credit control and reporting:


Purchasing

Input of new facultative and treaty contracts/endorsements on to the systems.
Ensure key details are recorded accurately and in a timely manner.
Input premium advice notes and ensure premium has been paid.


Claims

Assist with daily SCM/USM messages including Syndicate Event Coding.
Assist with the month/quarter end process; including prompt advising of recoveries to brokers including claims data supplements/adjuster reports.
Assist with Group reporting on shared RI contracts.
Monitor and assist with credit control of claims & premiums via LORS including non-cash LORS.
Assist with reinsurer queries and ensure requests are dealt with efficiently to ensure prompt settlement.


Governance and Compliance

Assist with ad-hoc reporting and returns and produce net data for the business
Assist with meeting all SOX/Compliance/Audit requirements at all times.


What you’ll need to succeed

Production of all Proportional Treaty Bordereaux for claims and premium business, ensuring prompt notification and settlements.
Assisting with Facultative Claims recoveries
General Reinsurance knowledge
General Reinsurance Processing experience
IT - most importantly Microsoft Excel, Word, PowerPoint
Good analytical skills, presentation skills
A team player who is also able to work as an individual, comfortable dealing with other individuals and teams both internally and externally