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Vacancy Details

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