Reinsurance Technician

Location
England, London, City of London
Salary
£35000.00 - £55000.00 per annum + Benefits
Posted
04 May 2021
Closes
11 May 2021
Ref
J25094
Contact
Frank Hubbard
Job Title
Credit Controller
Category
Insurance
Contract Type
Permanent
Hours
Full Time

A multi national insurance business are looking for a Reinsurance Technician to join their Ceded Reinsurance team.

The main responsibilities of this Reinsurance Technician will include:

  • Preparation of reinsurance billings and loss advices as required
  • Calculation of reinsurance recoveries as required
  • Assist with credit control to ensure timely collection of outstanding balances
  • Effectively implement procedures for accurately calculating the reinsurance asset and issuance of reinsurance recoveries
  • Complete and report on projects as allocated
  • Assist with and handle commutations as required

The successful candidate for this Reinsurance Technician will need experience at least 3 years+ experience in a similar role in the Lloyd's market and have a good understanding of reinsurance recoveries and market procedures for the settlement of Lloyd's balances.