Job Title: Reinsurance Manager
Location: FBD Holdings PLC
Job Overview:
The Reinsurance Manager will be responsible for providing business support and relationship management, including being a point of contact for reinsurer partners and brokers. They will prepare reinsurance market presentations and business profiles to support placements, and provide support to executive management and heads of departments.
Key Responsibilities:
* Financial and Administrative Aspects:
o Complete technical accounts on a quarterly/yearly basis.
o Reconcile and post premiums and incurred claims, recoveries to the financial department.
o Accurately settle and reconcile all reinsurance minimum and deposit premiums, yearly adjustments, cash calls, and quarterly reinsurance treaty accounts.
o Perform credit control functions for receivables/payables and related account reconciliations.
o Develop and maintain reinsurance accounting spreadsheets.
* Control and Monitoring:
o Review, maintain, submit for approval, and publish reinsurance process and procedure documents.
o Ensure that all processes carried out within the Reinsurance department are in line with departmental procedures.
o Act as Risk Champion for the Function.
Requirements:
* Minimum third-level degree.
* Seven years or more career experience working within an insurance environment.
* Excellent understanding of reinsurance structures, coverages, and practices.
Competencies:
* Positive individual, self-motivated, with ability to work on own initiative.
* Strong focus on accuracy and detail.
* Ability to communicate with a wide range of people.
Estimated Salary:$80,000 - $120,000 per annum.