Administration Analyst (Insurance)

Recruiter
eTeam Inc.
Location
London
Salary
Competitive
Posted
22 Aug 2019
Closes
29 Aug 2019
Sector
Accountancy
Contract Type
Permanent
Hours
Full Time

Role: Administration Analyst (Insurance)

Location: London, UK

Permanent role

Specific Responsibilities

Administration

  • Ensure that the company's administration standards and time service requirements are applied to the handling of all business received.
  • Ensure that the administration of all UK business adheres to Client treaties.
  • For your specific client responsibility, provide administration data for input to accounting records, valuation systems and regulatory returns.
  • Ensure Ira month end deadlines are met. This includes working with team members to ensure data can be processed in a timely and accurate manner to achieve this goal.
  • Ensure administration data is provided to retrocession clients in a timely and accurate manner.
  • As and when required assist with the calculations for the offline International Retro Pool data (inforce, billing and accrual information).
  • As and when required, assist with policy exhibit calculation and upload to administration system.
  • Attend Client Audits/Assurance Reviews as and when required.
  • Ensure administration processes and procedures are fully documented.
  • Maintain a professional and working relationship with clients.
  • Provide cover for Claims Administration role when required.
  • Provide support on relevant Administration audits.

Reinsurance

  • Maintain a good working knowledge of UK and Irish reinsurance practices and specific Client treaty practices as they pertain to the management and handling of transfer of risk.
  • Ensure that premiums relating to UK business are administered appropriately through the CLIENT chain of companies, external retro companies and the International Retro Pool.

Management Information

  • Ensure documents that provide input to regular management information are completed in a timely and accurate manner ie workstats, client data files and payment tracking etc.
  • Ensured data is provided for UK underwriting audits.

Technical

  • Gain market knowledge of Life Reinsurance and its implications within administration.
  • Gain good understanding of processing client data on Client administration systems.
  • Gain good understanding of retrocession through the Client chain of companies, external retrocession and the International Retro Pool.

Interactions

  • Reporting to the Administration Manager and working closely with other members of the Operations team.
  • Contribute to the team building spirit within the company.
  • Working closely with other Client UK teams.

Required:

  • Strong IT skills with a good understanding of MS Excel and Access
  • Superior oral and written communication and presentation skills.
  • Effective interpersonal skills; with the ability to interact with employees at all levels and across different departments
  • Ability to focus on priorities, targets and deadlines
  • Ability to plan and manage owns time and several projects at once, delivering them to agreed schedules
  • Proactive team player who can also work on own initiative
  • Ability to develop original and creative ideas to problems and develop new approaches.
  • Ability to contribute to the team building spirit within the company

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