Reinsurance Technician Trainee - 2.1 Maths/Business grad
A 2.1 Maths/Business/Finance graduate with strong A level (or equiv) results with an interest to work in the insurance/reinsurance experience is required to work in this broad technical and account handling trainee position, for an expanding International Reinsurance Group in their City office.
This is working in an excellent environment in the City. Training and ACII exam package will be offered for the successful candidate.
The role is to be responsible for the ceded business for clients, this includes: processing of client accounts, recording claims notified, performing a full range of credit control procedures, analysis of client data, liaising with other business units on client related issues and effective management of relationships with assigned clients.
Interpret, validate and record details of all ceded reinsurance transactions on the company business systems, including Statement of Accounts, claims notifications, experience refunds etc.
Perform all aspects of company credit control procedures.
Perform all aspects of risk accumulation control procedures.
Prepare billings and supporting documentation for retrocessionnaires.
Ensure claims are settled promptly and in accordance with treaty conditions.
Ensure that client settlements are identified promptly and paired against related technical bookings
Participate in client administration audits as required
Create and maintain full and accurate client files both in paper and electronic formats.
Acquire and maintain a thorough understanding of company business systems.
Respond in a timely and professional manner to all correspondence from clients.
Maintain a thorough understanding of assigned client portfolio's analysing client data as required.
Manage and report on relationships with assigned clients.
Prepare management reports and communicate details of potential reporting issues as and when necessary.
Establish good working relationships with the appropriate representatives from client offices.