REINSURANCE TECHNICIAN - to £40,000
Leading Insurance and Reinsurance Company is seeking to recruit an experienced Insurance/Reinsurance Processor.
·Processing and validation of Premiums predominately Non Marine Insurance & Reinsurance with numerous risks containing multi-jurisdiction IPTs.
·Majority of Business is London Market through Xchanging with a significant proportion of direct accounting from various International, European offices
·Check & process all Direct and Facultative technical accounts mainly via XIS.
·Process all premiums including the calculation of relevant taxes
·Review booked premiums against estimated premiums on a quarterly basis
·Control and processing of Facultative closings
·Review and resolve cases with unpaid premiums
·Business includes Property / Casualty, Liability, Power and Onshore / Offshore Energy.
·Knowledge and ability to calculate IPTs and Levies in conjunction with Finance Dept.
·Excel use to intermediate level an advantage as high volumes of calculations required.
·Essential: 3-5 years + working within insurance /reinsurance environment
·Essential: Technical premiums processing experience including use of Xchanging systems
·Desirable: Experience and knowledge of handling Global Programmes
·Tax (IPT and Levies) and Accounts knowledge