Reinsurance Asset Management Professional

2 weeks ago

London, Greater London, United Kingdom AMC Insurance Appointments Ltd Full time

**About the Role**

AMC Insurance Appointments Ltd is seeking a highly skilled Reinsurance Asset Manager to join their Reinsurance Asset Management Team. The successful candidate will be responsible for managing the Quota Share Reinsurance activities for the company in respect of Outwards Reinsurance.

**Key Responsibilities**

  • Lead and develop the Quota Share Reinsurance Team within the wider Reinsurance Asset Management Team.
  • Manage key and complex accounts within Quota Share Reinsurance for statement of account calculations, review and reconciliation in conjunction with brokers and other counterparties.
  • Manage the team to ensure timely and accurate production of quota share statements of account for internal and external counterparties.
  • Work with the Head of Reinsurance Asset Management to complete and pass all internal controls within Service Level Agreements.
  • Review and sign off all Profit Commission and Sliding Scale Commission calculations.
  • Develop the internal reporting outputs to provide a clear picture of the current position for the full program of quota share programs.
  • Proactively identify opportunities to improve key Outwards Reinsurance processes, simplifying procedures where possible for the Reinsurance Asset Management Team and key stakeholders.

**Requirements**

  • Reinsurance knowledge and experience gained in the London company and Lloyd's markets.
  • Some managerial or supervisory experience.
  • Ability and confidence to challenge existing procedures and utilize systems effectively.
  • Experience in systems including ELGAR, IRIS, GENIUS, Alteryx, and PowerBI would be highly beneficial.

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