Scheme Accountant

5 days ago


Isle of Man, United Kingdom Orchard Recruitment Limited Full time

**Overview**

Our Douglas-based client are general insurers who deliver custom insurance solutions within most sectors of the market and are currently seeking a Scheme Accountant to join the team.

**Role profile**
- Checking Senior Administrator has correctly classified the entries in TIMS
- Ensuring Proclaim and TIMS are synchronised/outstanding items are dealt with and reconciled
- Review outstanding debtor reports
- Assist inhouse solicitor with evidence gathering for litigation cases
- Assist with calculations re missing premium on litigation cases
- Preparing spreadsheets for inhouse solicitor
- Providing calculations/breakdown of figures for schemes
- Dealing with queries from internal auditor and auditors
- Analysis of audit results
- Calculation of premium owed
- Running and checking the audit reports and arranging sign off
- Completing HMRC online report and making IPT payment
- Calculating client profit share and keeping claims reserve updated
- Scheme performance analysis
- Analysis of cancellations/cancellation rates
- ATE (After the Event) general debtors
- Bordereaux checks / audits - commission calculations and premium rates
- Data correction in Proclaim
- Profit share calculations
- New scheme pricing
- Claims rate / claim amount analysis (i.e. how to reduce)
- Scheme accounts
- OHP / other litigation related analysis and reconciliation


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