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Reinsurance Recoveries Technician

The Recruiter Ltd

Chelmsford

On-site

GBP 35,000 - 50,000

Full time

25 days ago

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Job summary

A leading international insurer is seeking a Reinsurance Recoveries Technician in Chelmsford. This role involves various responsibilities including reinsurance administration and recoveries, reporting, and customer service. Candidates should possess experience with a Lloyd's syndicate and be skilled in Excel and Word.

Benefits

Competitive salary package
Excellent working environment
Opportunities for career advancement

Qualifications

  • Experience with a Lloyd's syndicate would be desirable.
  • Intermediate knowledge of Excel and Word.

Responsibilities

  • Manage reinsurance administration and recoveries.
  • Respond to reinsurers queries and foster positive customer relationships.
  • Assist in the testing and implementation of new software or processes.

Skills

Communication
Customer Service
Attention to Detail

Tools

Excel
Word

Job description

Reinsurance Recoveries Technician

Salary: Not specified

Location: Chelmsford, Essex

Job Type: Permanent

Ref: SJP230768

Working for an International Insurer

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
  • 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
  • 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.

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