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Portfolio Manager

IPS Group
Posted 5 days ago, valid for 9 days
Location

London, Greater London EC2V 7WS, England

Salary

£60,000 - £72,000 per annum

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Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • The Portfolio Manager Operations is responsible for overseeing the administration of insurance and/or reinsurance accounts and contracts, including data management and claims handling.
  • Key duties include entering treaties and terms and conditions into the accounting system, checking contractual agreements, and processing accounts and claims.
  • The role requires managing a personal portfolio of accounts and resolving discrepancies in collaboration with underwriters and other stakeholders.
  • Candidates must have 2-3 years of experience in reinsurance or insurance accounting and underwriting assistance, along with advanced MS Office skills, particularly in Excel.
  • The position offers a competitive salary, details of which can be discussed during a confidential chat.

The Portfolio Manager Operations oversees the administration of insurance and/or reinsurance accounts and contracts, from establishing and maintaining contractual data, processing the insurance and/or reinsurance account bookings, claims handling and manage the related cash flow. You will also support the underwriters in administrative activities related to the underwriting process.

  • Responsible for entries (treaties and/or facultative) in the Accounting and Underwriting system/platforms and all further modifications
  • Enter T&C (Terms and Conditions) into the accounting system with accuracy.
  • Check contractual T&C (Terms and Conditions), submit them to Underwriters for signature and draw their attention in case of ambiguities or changes,
  • Check and process of accounts and claims advices,
  • Clarify discrepancies of accounts and claims with underwriters/ claim experts/ cedents/brokers
  • Manage independently his/her own portfolio of accounts
  • Resolve problems following prescribed guidelines or procedures
  • Proactively seeks advice for new issues and suggest solutions
  • Manage cashflow including setting-up of client bank accounts in the accounting system, processing of outgoing/incoming payments and follow up on pending payments and open balances,

The Successful Candide will have at least 2-3 years industry (re-/insurance) accounting and underwriting assistance and/or controlling experience

  • Advanced MS Office skills (focus on MS Excel, Power Query)
  • Business Object skills beneficial
  • Power Bi, Tableau, skills beneficial

Please get in touch for a more detailed job specification and confidential chat.

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In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.