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Pro Rata Treaty Reinsurance Technician
| Posting date: | 03 July 2024 |
|---|---|
| Salary: | £23,933 to £30,000 per year, pro rata |
| Hours: | Full time |
| Closing date: | 02 August 2024 |
| Location: | City of London, London |
| Remote working: | Hybrid - work remotely up to 2 days per week |
| Company: | Belvedere Mead Ltd. |
| Job type: | Permanent |
| Job reference: | 2024 TRT - FT |
Summary
We are looking to appoint an individual with at least 18 months experience gained as an insurance and reinsurance premium processing technician. The experience must be gained within a broker operating within the London Insurance Market, as knowledge of the London Market bureau systems is a necessity.
We are open to receiving applications form individuals who are looking for either full time or part time. It could suit somebody with caring responsibilities, who is looking to return to the Lloyd's insurance market after a break.
The main tasks will be the analysis and processing of information to create necessary accounting transactions on pro rata reinsurance treaty business, alongside assisting in the production of key metrics and reports to support the team’s work.
In time, the role could ultimately expand into other areas of the delivery of our claims, support and audit services.
Key Responsibilities
Your experience will enable you to become the main account handler for a number of the individual cedants for a major broker client of Belvedere Mead.
You will be expected to manage a portfolio of accounts and take responsibility for all aspects of presenting the financial statements to reinsurers, following through on any queries raised, monitoring settlement and credit control and maintaining accurate workflow records.
You must be keen and willing to share your experience with other less experienced team members.
Qualifications and Skills Requirements.
At least 18 months of hands-on experience of processing reinsurance premiums within the London Insurance Market and able to demonstrate strong Microsoft Excel skills
Be customer focused – always have the client’s best interests in mind and be able to assist advise and solve customer problems.
Be organised with an orderly approach to work, able to prioritise own workloads across a number of competing accounts/clients.
Have a keenness to learn and a willingness to be flexible in the tasks allocated with an ability to work independently but also be team-oriented.
Have an eye for detail, with strong communication skills, both verbal and written.
Pay and Benefits
Belvedere Mead believes in the London Living Wage and will pay the hourly rate as indicated by the Living Wage Foundation with increases on the 1st January each year. The current rate is £13.15 per hour. The salary range for this role will be between the London Living wage and £30,000 per annum depending on the experience of the individual employed, and pro rate for part time employees.
Belvedere Mead Ltd is an equal opportunity employer and champions diversity. We do not discriminate based on race, religion, colour, national origin, gender, sexual orientation, age, marital status, or disability status.
We are open to receiving applications form individuals who are looking for either full time or part time. It could suit somebody with caring responsibilities, who is looking to return to the Lloyd's insurance market after a break.
The main tasks will be the analysis and processing of information to create necessary accounting transactions on pro rata reinsurance treaty business, alongside assisting in the production of key metrics and reports to support the team’s work.
In time, the role could ultimately expand into other areas of the delivery of our claims, support and audit services.
Key Responsibilities
Your experience will enable you to become the main account handler for a number of the individual cedants for a major broker client of Belvedere Mead.
You will be expected to manage a portfolio of accounts and take responsibility for all aspects of presenting the financial statements to reinsurers, following through on any queries raised, monitoring settlement and credit control and maintaining accurate workflow records.
You must be keen and willing to share your experience with other less experienced team members.
Qualifications and Skills Requirements.
At least 18 months of hands-on experience of processing reinsurance premiums within the London Insurance Market and able to demonstrate strong Microsoft Excel skills
Be customer focused – always have the client’s best interests in mind and be able to assist advise and solve customer problems.
Be organised with an orderly approach to work, able to prioritise own workloads across a number of competing accounts/clients.
Have a keenness to learn and a willingness to be flexible in the tasks allocated with an ability to work independently but also be team-oriented.
Have an eye for detail, with strong communication skills, both verbal and written.
Pay and Benefits
Belvedere Mead believes in the London Living Wage and will pay the hourly rate as indicated by the Living Wage Foundation with increases on the 1st January each year. The current rate is £13.15 per hour. The salary range for this role will be between the London Living wage and £30,000 per annum depending on the experience of the individual employed, and pro rate for part time employees.
Belvedere Mead Ltd is an equal opportunity employer and champions diversity. We do not discriminate based on race, religion, colour, national origin, gender, sexual orientation, age, marital status, or disability status.