Reinsurance Administration Recoveries Technician

The Recruiter Ltd; Tendring; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading recruitment agency in the UK seeks a Reinsurance Administration Recoveries Technician. The ideal candidate will manage reinsurance admin tasks and foster customer relationships. Experience with Lloyd's syndicate is preferred. This position offers a competitive salary and a positive working environment.

Qualifications

• Experience in reinsurance administration and recoveries.
• Proven ability to manage customer relationships and complaints.

Responsibilities

• Administer reinsurance coverage and handle premium settlements.
• Respond to reinsurer queries efficiently.
• Assist in testing and implementing new software.

Skills

Experience with a Lloyd's syndicate

Intermediate Excel

Intermediate Word

Job description

Reinsurance Administration Recoveries Technician

Salary: Not specified

Location: Ipswich, Essex

Job Type: Permanent

Ref: SJP230835

Reinsurance Administration and Recoveries

Broking and Underwriting experience

Duties and responsibilities

Reinsurance administration and recoveries including:

• Cover note administration including recording of reinsurance into in-house systems, settlement of premium and various reporting requirements
• Reinsurance recoveries for Excess of loss, proportional and facultative accounts
• Calculate, issue and monitor reinsurance collection notes as per contract terms and conditions
• Produce Risk and Claim bordereaux to support reinsurance accounts
• Comply with departments month/quarter end deadline requirements
• Respond to reinsurers queries in a timely manner
• Renewal presentation information
• Management information
• Project work assist in the testing and implementation of new software or processes
• Review and update procedure manuals in an accurate and timely manner

Manage the relationships with Customers, Agents and Service Providers:

• Advise, assist and service customers on insurance and risk matters to promote customer satisfaction;
• Foster positive relationships with Customers and attain an understanding of their needs;
• Ensure that Customer Complaints are promptly identified, recorded and referred as appropriate; and,
• Ensure that the principles of Treating Customers Fairly are upheld by Agents and Service Providers

Reinsurance Technician Key requirements

• Experience with a Lloyd's syndicate would be desirable
• Excel, intermediate
• Word, intermediate

These positions offer a competitive salary package, excellent working environment and opportunities.

If you feel that you have the qualities and experience and skills that our Client requires we would like to hear from you.

Please submit your CV for our Clients attention or contact Su Partridge for further information.

The Recruiter Insurance Specialists are acting as a Recruitment Agency.