Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Manage reinsurance premiums, claims, and financial reconciliations with precision.
- Company: Join a dynamic finance team focused on innovative insurance solutions.
- Benefits: Enjoy flexible working options and a supportive team culture.
- Why this job: Gain valuable experience in finance while making a real impact in the insurance industry.
- Qualifications: No prior experience needed; just a passion for finance and a keen eye for detail.
- Other info: Perfect for high school and college students looking to kickstart their finance career.
The predicted salary is between 36000 - 60000 £ per year.
Key tasks & responsibilities:
- Administer and control Reassurance Premiums paid.
- Administer and control Reassurance Claim recoveries.
- Calculate reassurance Accruals / Prepayments at month-end and post appropriate journals to the General Ledger.
- Assist in the management and control of the elements of the General Ledger that relate to 3rd party reassurance.
- Monitor reassurance payments through the bank account and post appropriate general ledger journals.
- Undertake appropriate system downloads in respect of reassurance information.
- Undertake reassurance Balance Sheet reconciliations and ensure the timely resolution of all reconciling items.
- Provide all information to the reassurers in line with the treaty requirements.
- Respond to reassurance queries from other departments, clients and the reassurers.
- Provide cover and assist where needed with all other finance administration tasks undertaken within the Finance Operations Team.
- Ad hoc financial tasks as requested.
Contact Detail:
HCLTech Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Reinsurance Analyst
✨Tip Number 1
Familiarise yourself with the key concepts of reinsurance and the specific treaties relevant to our clients. Understanding the terminology and processes will help you engage in meaningful conversations during interviews.
✨Tip Number 2
Network with professionals in the reinsurance industry through platforms like LinkedIn. Engaging with current employees or joining relevant groups can provide insights into the company culture and expectations for the role.
✨Tip Number 3
Brush up on your financial analysis skills, particularly in relation to general ledger management and reconciliation processes. Being able to demonstrate your analytical abilities will set you apart from other candidates.
✨Tip Number 4
Prepare to discuss how you would handle specific scenarios related to reassurance claims and premium administration. Having examples ready will show your problem-solving skills and readiness for the role.
We think you need these skills to ace Reinsurance Analyst
Some tips for your application 🫡
Understand the Role: Familiarise yourself with the key tasks and responsibilities of a Reinsurance Analyst. Highlight your understanding of reinsurance treaties, premium administration, and general ledger management in your application.
Tailor Your CV: Make sure your CV reflects relevant experience and skills related to finance administration, particularly in reinsurance or similar fields. Use specific examples that demonstrate your ability to manage premiums, claims, and reconciliations.
Craft a Strong Cover Letter: Write a compelling cover letter that connects your background to the job requirements. Mention your analytical skills, attention to detail, and any experience with financial systems or reconciliation processes.
Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your professionalism and attention to detail, which are crucial for a role in finance.
How to prepare for a job interview at HCLTech
✨Understand Reinsurance Basics
Make sure you have a solid grasp of reinsurance concepts and terminology. Familiarise yourself with key terms like premiums, claims, and accruals, as this will help you communicate effectively during the interview.
✨Showcase Analytical Skills
Prepare to discuss your analytical skills and how you've applied them in previous roles. Be ready to provide examples of how you've managed financial data, reconciled accounts, or resolved discrepancies.
✨Demonstrate Attention to Detail
Since the role involves managing financial records and ensuring accuracy, highlight your attention to detail. Share specific instances where your meticulousness has led to successful outcomes in your work.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving abilities. Think about potential challenges you might face in the role and how you would approach resolving them, especially regarding client queries and reconciliation tasks.
