Reinsurance Asset Manager
2 days ago
AMC Insurance Appointments Ltd is seeking a Reinsurance Asset Handler to join their Reinsurance Asset Management Team in London. The role will involve all post-bind operational aspects of outwards reinsurance, including treaty set up, recoveries, cash allocation, credit control, reporting, broker communications, and reconciliations.
About the Role:
This is a fixed-term contract (12 months) hybrid role with the flexibility to work both virtually and from the company's London office. As a Reinsurance Asset Handler, you will be responsible for identification and calculation of reinsurance assets focused on quota share reinsurance, premium and claim bordereaux calculations, booking of premiums, profit commissions, sliding scale commissions, and cash calls.
Responsibilities:
- Identification and Calculation of Reinsurance Asset
- Premium and Claim Bordereaux Calculations
- Booking of Premiums, Profit Commissions, Sliding Scale Commissions, and Cash Calls
- Assist and Liaise with Credit Control Team
- Liaise with Finance Team, Claims Team, Brokers, and Clients to Resolve Queries
- Assist with Delivery of KPIs
- Review and Update Tracking Tools
- Support Collation of Data for Internal and External Audit and Internal Controls
Requirements:
- Ability to Learn and Adapt in a Dynamic Environment
- Reinsurance Knowledge
- London Market Company and Lloyd's Syndicate Experience Preferred
- Strong Verbal and Written Communication Skills
- Strong Computer Skills - Knowledge of Microsoft Excel Pivot Tables, V-Lookups, and MS PowerPoint Preferred
The estimated salary for this position is £55,000-£65,000 per annum based on the location and industry standards. If you are a motivated professional looking for a new challenge, please apply now.
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