Ceded Reinsurance Technical Accountant

3 days ago


London, United Kingdom Insight Recruitment Solutions Limited Full time

Our client is a leading London Market insurer specialising in the property and casualty insurance and reinsurance. They are seeking a Technical Accountant to join their Ceded Reinsurance team. Knowledge of insurance and reinsurance principles and strongcomputer skills is essential and preferably you will have knowledge of ceded reinsurance and experience of working in the Lloyd's/London Market. Responsibilities will include:

- Assisting with the calculation and booking of premiums and claims recoveries for XOL, facultative and quota share covers within core systems
- Account preparation and analysis for all ceded types
- Preparing and maintaining proportional treaty statement aging schedules for internal reporting and tracking of overdue accounts
- Liaising with cash analysts, underwriting departments, Claims department, brokers and clients to resolve queries
- Ensuring high quality data and contract set up within the reinsurance systems
- Assisting with the ceded Aged Debt and Unallocated Cash Analysis
- Ensuring maximization of processing on LORS for Syndicate data
- Utilisation of technology to maximize efficiency of the ceded reinsurance department

Our client is committed to diversity in all of its forms and operates an inclusive recruitment process.



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