Reinsurance Accounting & Settlements Specialist

Reinsurance Accounting & Settlements Specialist

Full-Time 27000 - 33000 £ / year (est.) No working from home possible
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At a Glance

  • Tasks: Support reinsurance accounts, manage data accuracy, and ensure timely settlements.
  • Company: Chaucer Group, a leader in reinsurance with a focus on teamwork.
  • Benefits: Competitive salary, training opportunities, and a collaborative work environment.
  • Other info: Great opportunity for career growth and professional development.
  • Why this job: Join a dynamic team and make a real impact in the reinsurance industry.
  • Qualifications: Attention to detail and strong communication skills are essential.

The predicted salary is between 27000 - 33000 £ per year.

Chaucer Group is seeking a Credit Control Treaty Assistant to support inward treaty reinsurance accounts, reconciliation, and timely settlements.

The role involves data accuracy, handling premiums and claims within contractual terms, and liaising with brokers and underwriters to resolve issues.

You will join a team focused on reducing aged debt, improving processes, and ensuring high standards across international business.

Training and collaboration with stakeholders are key to success.

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Reinsurance Accounting & Settlements Specialist employer: Chaucer Group

Chaucer Group is an exceptional employer that prioritises employee development and collaboration, particularly in the dynamic role of Senior Compliance Monitoring & Assurance Lead. With a hybrid work model based in London, we foster a supportive work culture that encourages strategic thinking and innovation, while providing ample opportunities for professional growth and engagement with senior management to drive meaningful improvements across our compliance framework.

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Contact Details:

Chaucer Group Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Reinsurance Accounting & Settlements Specialist

Tap into Campus Networks

If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.

Get Certified

Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.

Connect on Professional Platforms

Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.

Apply Directly and Be Proactive

Don’t shy away from reaching out directly to firms like Chaucer Group. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.

We think you need these skills to ace Reinsurance Accounting & Settlements Specialist

Data Accuracy
Reconciliation
Claims Handling
Premiums Management
Contractual Compliance
Stakeholder Liaison
Issue Resolution

Some tips for your application 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Chaucer Group.

Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.

Research and Reflect:Before hitting that 'apply' button on Chaucer Group's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!

How to prepare for a job interview at Chaucer Group

Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Chaucer Group.

Prepare for Case Studies

Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.

Show Your Passion for Finance

Since this is a full-time position, employers at Chaucer Group will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.

Network with Industry Professionals

Before your interview, reach out to current or former Chaucer Group employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.