Healthcare
Life assurance
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Inwards Reinsurance Technician

Salary {Advertised Salary}
Location Gloucester
Mergefield Title {Mergefield Value}
Mergefield Title {Mergefield Value}

This is a {Advertised Permanent / Temporary}, {Advertised Full Time / Part Time} vacancy that will close in {x} days at {xx:xx} BST.

Inward Reinsurance Technician

Pro currently has some exciting opportunities for Inward Reinsurance Technicians to be part of our Outsourcing Operations team.

The role is permanent and will be in Pros UK office location in Gloucester and operates a hybrid working model. For the right experience we may be able to consider a fully remote role.

Main Duties and Responsibilities  

Undertake Technical Accounting responsibilities for Inward Proportional & Non Proportional treaties. Responsibilities include:

·        Processing Broker and Cedant technical accounts into Client system

·        Reviewing accuracy of accounts documentation and calculations, including complex accounts such as Sliding Scale Commission, Reinstatement Premium, Profit Commission, Premium and Loss Reserve Deposits

·        Processing claim and reserve updates for allocated accounts

·        Processing tasks/accounts accurately in an efficient manner by month end deadlines

·        Ensuring overdue/late accounts are followed up and escalated to Client’s management

·        Investigation and resolution of challenging accounts; identifying and following up missing accounts or miscalculations with Brokers or Cedants

·        Client reporting

 Skills and Experience

·        Strong technical skills and ability to prioritise workload to meet deadlines

·        Understanding of principles of insurance and reinsurance is essential

·        3+ years’ experience in a similar role within the inward reinsurance market

·        Understanding of Proportional Treaty claim handling and event claims is desirable

·        Good understanding of Bureau systems and procedures is desirable

·        Knowledge of Property, Casualty, and Marine business classes desirable but not essential

·        Understanding of SAP (FSRI/FSCD) system is desirable but not essential

·        Excellent communication skills

·        Maintain a conscientious, positive and enthusiastic approach to work, maintaining good working relationships with colleagues

By submitting your personal data to Pro and by using our website, you give your consent that all personal data you submit as part of your application may be processed by us in the manner and for the purposes described in our HR applicant privacy policy. For further information, please refer to our Data Protection Policy, a copy of which can be requested from Pro HR.

Pro is a specialist outsourcing and consulting company focused solely on the insurance and reinsurance industries.

We work with clients to identify changes needed to improve their business processes, minimise operating overheads and implement the controls required to meet new regulations, delivering tailored solutions to meet clients’ needs.

Our UK offices are in Gloucester, Glasgow, Liverpool, Horsham and central London. We are also a global company with offices in the United States, Cologne and Unna (Germany) and Argentina. We also operate a hybrid working model so you can work at home and in the office.

We provide expert support in the areas of underwriting, claims management, financial and technical accounting, and risk and auditing, utilising the best technology available on the market and adopting a proactive approach.

We commit concrete actions and do what we promise.

With integrity at the heart of every decision, we focus on what will add most value.

We are curious, creative and insightful. We are not afraid to evolve.

We are inclusive. We help each other and our clients to shine.

We bring drive and enthusiasm to our work.

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