Senior Reinsurance Technician

Discipline: Operations
Job type: Permanent
Contact email: joshua@weareedenbrook.com
Job ref: J4584
Published: about 1 month ago
We are currently working with an International Insurer for a Senior Reinsurance Technician. Reporting to the Reinsurance Manager, you will be creating Reinsurance risks in core systems, ensuring the timely and accurate calculation and issuance of reinsurance recoveries for both paid claims and outstanding reserves. Responsibilities will include but are not limited to; • Create reinsurance risks in core systems, ensuring policy terms are accurately recorded and maintained • Ensure reinsurance premium and related expenses are correctly booked, advised and settled under Contractual Terms • Ensure the timely and accurate calculation and issuance of reinsurance recoveries for both paid claims and outstanding reserves, responding to any query within five working days of receipt. Accurately record all reinsurance recoveries in core systems. Work with internal and external parties to expedite receipt of reinsurance funds • Support the Actuarial and Finance teams in all aspects of financial reporting. Provide data and commentary to explain activity within a reporting period The ideal candidate should have; • In depth knowledge on a FAC, Proportional and XOL Reinsurance • A positive attitude and the ability to manage internal and external relationship • Extensive experience within the London market