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Senior Reinsurance Technician

Senior Reinsurance Technician to £70,000 City

Leading Reinsurance Company have a nee role for an experienced Reinsurance Technician

Key Responsibilities

  • Responsible for the validation and processing of assumed proportional treaties and facultative covers as well as checking sliding scales, profit commission etc to ensure the accuracy and continuity with cedant accounting.
  • Monitoring of outstanding accounts, cash and conducting effective credit control activities in maintaining unsettled balances
  • Establishing and maintaining effective relationship with brokers, cedants and reinsurers to ensure business continuity
  • Production of premium adjustment report as well as other reports and monitoring responses
  • Reconciliation of assumed and ceded reinsurance ledgers
  • Raising and processing of payments and receipts onto internal reinsurance system
  • Analysing accounting data and assisting in quarterly management reporting.
  • Assisting with ad-hoc projects as required

The successful candidate must have a strong understanding of reinsurance principles, reinsurance contract and market practices.

A previous experience in a similar role is essential.

A good working knowledge of Microsoft Office tools specifically Excel and Word

MW Appointments is acting as an Employment Agency in relation to this vacancy.

Senior Reinsurance Technician

London, UK
Full time

Published on 01/11/2022

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