Reinsurance Analyst

Key tasks & responsibilities

• Undertake the following tasks in respect of the Reassurance treaties that exist between our clients and 3rd Party Reassurers and in line with agreed client SLA\’s:-

• 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 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 reconciliation’s 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