Reinsurance Asset Handler

Market leading Insurer and Reinsurer is looking for Reinsurance Asset Handler to join their Reinsurance Asset Management Team.

The Reinsurance Asset Management team are responsible for all post-bind operational aspects of outwards reinsurance. This includes treaty set up, recoveries, cash allocation, credit control, reporting, broker communications and reconciliations.

This is a Fixed Term Contract (12 Months) hybrid role with the flexibility to work both virtually and from the company’s London office.

Specific Responsibilities will include:

• Identification and Calculation of Reinsurance Asset focused on Quota Share Reinsurance
• Calculation of premium and claim bordereaux to support the production of reinsurance accounts on complex global reinsurance contracts
• Complete the booking of premiums, profit commissions, sliding scale commissions and cash calls
• Assist and liaise with the credit control team
• Liaise with Finance Team, Claims Team, Brokers and clients to resolve queries.
• Assist with the delivery of KPI’s
• Review and update tracking tools
• Support the collation of data for internal and external audit and internal controls

Skills and Experience Required:

• 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, ability and confidence to challenge existing procedures and use of systems
• Strong computer skills - knowledge of Microsoft Excel Pivot Tables, V-Lookups, and MS PowerPoint preferred