Our client, an insurance company, have an exciting new opening for a Senior Inwards Reinsurance Specialist. It will involve handling Proportional /Non Proportional Treaty reinsurance and technical reconciliations.   


Duties and Responsibilities

Treaty Management and Overdue Premium Adjustment Reports - ensure these are completed for Team Leader to review and assist with escalation when necessary
Production and analysis of Weekly, Monthly & Quarterly reports as part of the close process, including identification of anomalies and resolution (where possible)
Ensure knowledge is kept up to date around new systems and procedures and provide training when requested
Provide resolution to processing queries raised by team members
Undertake Technical Accounting responsibilities (including processing) incorporating complex Inwards Proportional & Non- Proportional treaties.

Person Specification

Strong technical skills and ability to prioritise workload to meet deadlines
Understanding of general insurance and reinsurance principles is essential
Understanding & review profit commission/sliding scale calculations is essential
Understanding of complex accounts such as clean cut accounts (portfolio in and out) is essential
Experience of month end report checks is desirable
Experience of oversight/peer review is desirable
5+ years’ experience in a similar processing role within the Inward reinsurance market
Understanding of Proportional Treaty claims is essential
Good understanding of Bureau systems and procedures is desirable
Knowledge of Property, Casualty, and Marine business classes desirable but not essential
Understanding of Genius and SAP Accounting system is desirable but not essential
Excel skills at intermediate level is essential (Pivot tables & V-lookups, formulas).