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Reinsurance-Credit Control

  • Location:

    City of London

  • Sector:

    Insurance

  • Job type:

    Permanent

  • Salary:

    Up to £55000 per annum

  • Contact:

    Fenchurch Street Branch

  • Contact email:

    fenchurchst.web@brookstreet.co.uk

  • Job ref:

    FENMTLC_1651050434

  • Published:

    almost 2 years ago

  • Expiry date:

    8/06/2022

  • Startdate:

    ASAP

Job Description

We have a new opportunity just opened for a Reinsurance Credit Control Specialist working with one of our long standing underwriting clients.

This is a newly created role where the emphasis is on payments and collections, where you are responsible for maintaining the ledger, rather than a general Technician's role including the same.

The company offers hybrid working with 3 days in the office and 2 days WFH

Candidates MUST HAVE Reinsurance experience, not necessarily Lloyds market - training in LORS and Lloyds Regulatory Reporting can be offered to the right candidate. Your relationship with stakeholders and brokers is key along with the analytical knowledge required.

Your CV should demonstrate proven experience in this field as this is a senior level role. You will be working in a friendly collaborative team in this newly created position.

Your duties will include

Timely issuance of collection and advice notes and statements to Brokers and Direct Reinsurers along with issuance of supporting information (e.g. Bordereaux, Claims loss reports etc).
Building relationships with Brokers and arranging regular meetings with them to ensure timely collections and payments.
Processing LORS and Direct settlements.
Close liaison with the Senior Reinsurance Technicians, Finance and Op's and other Stakeholders.
Reporting - including, but not limited to, URCC report, Schedule F etc. and other Credit Control related reports.
Undertake any other related duties as may be reasonably required.

If you have the experience we are looking for please apply today

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