Due to a recent acquisition an Insurance run-off specialist are looking for 2 Reinsurance Technicians to join their team in London. Our client is a highly respected business who have built a reputation for rewarding and recognising their highly skilled workforce.
As a Reinsurance Technician you will be responsible for the collection and calculation of reinsurance assets through the issuance of recoveries, communications and liquidation management.
Duties to include:
Effectively implement procedures for accurately calculating the reinsurance asset and issuance of reinsurance recoveries
Calculation of reinsurance recoveries as required
Assess the viability of releasing individual reinsurance recoveries
Preparation of reinsurance billings and loss advices as required
Record and Answer technical queries raised by reinsurers and/or brokers
Assist with credit control to ensure timely collection of outstanding balances
Assist with and handle commutations as required, to ensure realistic values for the commutation of the company's gross liabilities and ceded assets are achieved.
Complete and report on projects as allocated
effective and timely reporting as required
On offer is a highly competitive salary of up to £65,000 + company benefits