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Taylor James Resourcing
,
London, Greater London
Reinsurance Technician - award winning brokers
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Job Type: Full-time |
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Salary: £45,000 per annum |
Overview
Reinsurance Technician. c£45,000-£60,000 The multi award winning Lloyd's brokers is continuing to expand rapidly and has an excellent market reputation and a dynamic and progressive working environment. They are looking for an experienced Reinsurance Technician to join their London operation. Excess of Loss and Facultative business exposure is essential. Provide Technical support in the overall servicing of the client's insurance Experienced in the end to end activity of invoice processing Work with the Accounting and Credit Control Team, with accountability to support the reconciliation and collection of premium, keeping funding and bad debt to a minimum Regular liaison with our Compliance and Regulatory Team to support the setting up of trading partners as well as ensuring we meet the required sanction and licensing rules Strong understanding and experience in structure and format of slips and cover notes Good understanding of Market Reform Contract (MRC) Ability to demonstrate an excellent level of technical insurance knowledge and understanding of the ?Industry and its regulators Strong understanding and experience of the Bureau Accounting and Settlement (A&S) protocols and activity, as they relate to premium process and signings Knowledge of LORS? would be helpful Demonstrates a working understanding of resources available in relation to tax and vat requirements, as it relates to premium processing activity Working understanding of the financial aspects of the end to end premium process A good level of technical knowledge across classes of business within the operating company combined with a working knowledge of Xchanging IMR and Market Wordings Database is essential.