Group Proportional Reinsurance Accounting Technician

Job description

Group Proportional Reinsurance Accounting Technician Department: Reinsurance: Employment Type: Permanent - Full Time Location: London: Description: Purpose: - Own the end-to-end proportional reinsurance accounting process, including accurate booking, reconciliation and reporting of premium and claim movements. - Support the month-end/quarter-end/year-end close for proportional reinsurance, ensuring BDXs and ledger balances reconcile and providing clear audit trail and commentary on movements. - Manage proportional reinsurance credit control, including issuing BDXs/collection documentation (where applicable), monitoring overdue balances, and handling broker and reinsurer accounting queries through to resolution. - Create, validate and issue proportional BDXs (including manual preparation where required), ensuring completeness of bordereaux data, correct signings/allocations and timely distribution to brokers/reinsurers. - All aspects of Reinsurance reporting to ensure accurate and concise production to represent the Reinsurance policies in place. - Review of current processes and procedures including system utilisation, to ensure that the department functions as expected and any rel...