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JSS are working with a leading Lloyd's insurer for a Senior Technical Accountant. Supporting the Reinsurance team, the successful candidate will be responsible for processing insurance and reinsurance accounts, reconciling and settling balances.
The key responsibilities of the role are:
- Act as a focal point for inwards treaty reinsurance technical accounts matters across the group.
- Process and reconcile insurance accounts written via the international offices.
- Ensure timely and accurate settlement of premium and claims in accordance with treaty terms, escalating to Underwriters on an annual and quarterly basis.
- Reconcile accounts and resolve complex discrepancies in collaboration with Brokers, Underwriters and Claims.
- Liaise with outsource providers in terms of timely allocation of Accounts Receivables.
- Monitor and contribute to meeting KPI’s in terms of the reduction of aged debt and unallocated cash within the group.
- Supporting change projects in the finance operations team to develop the Reinsurance reporting.
- To develop, implement and maintain processes provide reports to the Credit Control Manager regarding activities undertaken.
- Drive and contribute to continuous improvement initiatives surrounding processes in relation to the reduction of aged debt, unallocated cash and queries specific to proportional treaty accounting.
The successful candidate will:
- Reinsurance and insurance market knowledge, via Lloyd’s an insurance or broker.
- Extensive technical accounting experience within the reinsurance / insurance sector.