London Reinsurance Specialist
3 days ago
Estimated Salary: £40,000 - £55,000 per annum
About the RoleWe are seeking an experienced reinsurance asset handler to join our team. In this role, you will be responsible for managing reinsurance assets and ensuring that all post-bind operational aspects of outwards reinsurance are executed efficiently.
You will work closely with the reinsurance asset management team to identify and calculate reinsurance assets focused on quota share reinsurance. You will also be responsible for calculating premium and claim bordereaux to support the production of reinsurance accounts on complex global reinsurance contracts.
This is a hybrid role that requires strong communication and organizational skills. You will be expected to work both virtually and from our London office.
Responsibilities- Identification and calculation of reinsurance assets focused on quota share reinsurance
- Calculation of premium and claim bordereaux to support the production of reinsurance accounts on complex global reinsurance contracts
- Booking of premiums, profit commissions, sliding scale commissions, and cash calls
- Assistance and liaison with the credit control team
- Liaison with the finance team, claims team, brokers, and clients to resolve queries
- Assistance with the delivery of KPIs
- Review and update of tracking tools
- Support for the collation of data for internal and external audit and internal controls
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