Our client, a City based insurance company, have a new opening for a Ceded Reinsurance Technician on a 12 month fixed term contract basis. It will involve handling all aspects of reinsurance including Proportional/Non Proportional Treaty, Fac and Excess of Loss business.
Duties and Responsibilities
Account preparation and analysis for all ceded types.
Assist with the cash entry and application process for all ceded types.
Assist with the calculation and booking of premiums and claims recoveries for XOL, Facultative and Quota Share covers within core systems.
Prepare and maintain proportional treaty statement aging schedules for internal reporting and tracking of overdue accounts.
Liaise with cash analysts, underwriting departments, Claims department, brokers and clients to resolve queries.
Ensure high quality data and contract set up within the reinsurance systems.
Assist with the ceded Aged Debt and Unallocated Cash Analysis.
Utilisation of technology to maximise efficiency of the ceded reinsurance department.
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