About the Role
Our client is an MGA who is seeking a Technical Accountant to join as a Treaty Underwriting & Claims Operations Specialist.
Our client is an award-winning, multi-class, international underwriting group, delivering niche, specialist (re)insurance products to a broad distribution network. Employing underwriters with a proven track record in Europe, the Middle East, Canada, and the USA, they have seen unprecedented growth since starting and that is set to continue over the next 3 – 5 years.
They are looking for a person to support the Treaty claims and underwriting operations function. This is for the syndicate side of the business, covering multiple jurisdictions and lines of Treaty business.
Key Responsibilities
Provide support to the Claims Director and the London-based Reinsurance Team concerning Claims and Underwriting initiatives and projects
To manage the end-to-end proportional Treaty process, achieved by the accurate recording of financial declarations for both Premium and claims received in the form of declaration or bordereau
To manage the Credit Control of the Proportional Treaty Business written by the London-based Treaty Team
To manage the reserving and collection of the Reinstatement Premiums for the London-based Treaty Team
Facilitate the submission of syndicate proportional treaty financial data through Lloyd’s reporting platforms
Build relationships with the principal brokers to ensure strong communication channels and the ability to establish minimum standards of data quality
Work closely with the internal stakeholders of the proportional treaty process to streamline and maximize efficiencies; with a focus on Underwriting, Claims, Credit control and Finance teams
Ability to document the processes undertaken in the Claims team and the London-based Treaty Team.
Claims and Premium data entry, specifically for internally managed claims and underwriting.
Assist in the production of reports
Key Skills & Experience
The client is seeking someone who is a highly skilled technical accountant with experience across treaties and reinsurance both claims and premiums.
You should possess excellent knowledge of Lloyd’s claims processes and systems – including ECF, understanding of the Lloyds processes for managing Proportional Treaty Bordereau AND understanding of managing credit control within the Lloyds underwriting and claims processes.