Inward Reinsurance Technician

Experienced  Inward Reinsurance Technician is required to join a dynamic insurer in their London City branch. 

Responsibilities

- Undertake Technical Accounting responsibilities (including processing) for Inward Proportional and Non Proportional treaties
- Review, process and check accuracy of closings/documents of rendered accounts, cash calls, premium and loss reserve deposits; event claims management and tracking, Sliding Scale adjustments and Premium Adjustments.
- Process tasks/accounts accurately in an efficient manner by month end deadlines
- Demonstrate high level of attention to detail by producing exceptional quality and accurate technical data, when processing the technical accounts onto the Underwriting system - updating the system with accounting and payment information within agreed time frames
- Collaborate with Claims Department on Inward Proportional treaty claims (inc event tracking) 

 Experience 

- 3+ years` experience in a similar processing role within the Inward reinsurance market 
- Understanding of general insurance and reinsurance principles is essential
- Understanding of clean cut accounts (portfolio in and out) is essential
- Understanding & review profit commission/sliding scale calculations is essential
- Understanding of Proportional Treaty claim handling and event claims is desirable
- Good understanding of Bureau systems and procedures is desirable
- Understanding of Genius and SAP Accounting system is desirable but not essential
- Knowledge of Imageright is desirable but not essential
- Strong technical Excel skills at intermediate Level is essential (Pivot tables & Vlookup formula)