A global reinsurance firm is looking out for a Technical Executive to join its Technical Underwriting Operations Team. He/ She will be assisting the Manager in all aspects of Underwriting Operations and Technical Accounting related matters.
:
- Checking and booking of Statement of Accounts, Minimum & Deposit Premium and Profit
- Commission Statements, Sliding Scale Commission Statement, Loss Participation Statements, Outstanding Loss Reserves, etc
- Monitor receipt of - statements of accounts, premium adjustments, profit commission statements, Sliding Scale Commission Statements, Loss Participations, etc
- Monitor of 3C lists - on Cancellation/Commutation. To ensure timely input of information in SICS as well as necessary chasers of SOAs for affected contracts
- To refer to the 3C guidelines
- Monitor outstanding premium reserves releases, outstanding credit for cash call loss and outstanding loss update
- Ensure data accuracy of the Technical Bookings in SICS
- Ensure timely Monthly and Financial Year end Technical Closing
- Monitoring and clearing of Unallocated Receipts
Other Responsibilities:
- Organize, maintain and file all documents accurately - both in physical files as well as electronically as setup in the respective underwriting folders & Business Workspace (XECM)
- Ensure timely month-end closing/ daily bookings to SICS
- Ensure Technical Operations/ Accounts work processes and procedures are adhered to
- Any other related duties as assigned by Team Leader/ Managers
Requirements:
- Proficient in Microsoft Office
- Relevant experience in reinsurance technical accounting
- Strong Reinsurance Technical Accounting knowledge and analytical skills
- High level of accuracy and attention to detail
- Good level of communication skills, both written and verbal
- Highly motivated, independent, meticulous, adapt to changes and has a positive attitude
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