Reinsurance Specialist

1 week ago


Chelmsford, Essex, United Kingdom The Recruiter Ltd Full time

Job Title: Reinsurance Specialist

Location: Chelmsford, Essex

Job Type: Permanent

Salary: £35,000 - £45,000 per annum

We are seeking a skilled Reinsurance Specialist to join our team at The Recruiter Ltd. In this role, you will be responsible for managing reinsurance recoveries, calculating and issuing collection notes, and producing bordereaux to support reinsurance accounts.

About the Role:

  • Cover note administration, including recording of reinsurance into in-house systems and settlement of premium and various reporting requirements
  • Reinsurance recoveries for Excess of loss
  • Calculate, issue and monitor reinsurance collection notes as per contract terms and conditions
  • Produce Risk and Claim bordereaux to support reinsurance accounts
  • Comply with departments month/quarter end deadline requirements
  • Respond to reinsurers queries in a timely manner
  • Renewal presentation information
  • Management information
  • Project work assist in the testing and implementation of new software or processes
  • Review and update procedure manuals in an accurate and timely manner
  • Advise, assist and service customers on insurance and risk matters to promote customer satisfaction;
  • Ensure that Customer Complaints are promptly identified, recorded and referred as appropriate; and,
  • Ensure that the principles of Treating Customers Fairly are upheld by Agents and Service Providers

Requirements:

  • Experience with a Lloyd's syndicate would be desirable
  • Excel, intermediate
  • Word, intermediate

This is an exciting opportunity to join a reputable company like The Recruiter Ltd and contribute your skills and experience to a dynamic team.



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