Reinsurance Technical Accounting Assistant

Accounting/Finance London, United Kingdom

Description

Your responsibilities will include:
  • Helping with the allocation of incoming/outgoing settlements in the accounting system (SICS) 
  • Help with maintaining financial records, keeping accounts up to date with current transactions 
  • Support the Weekly Control Reporting, (Unsettled balances, Unsettled Remittances, Transaction Control, Return Premium Control)
  • Ensuring timely and efficient settlement of Technical Payments
  • Support the allocation of LORS (Lloyds Outwards Reinsurance System) settlements against outwards reinsurance due balances 
  • Recording of all technical accounting correspondence within iManage document management system
  • Assist in the development and improvement of existing UK/Group technical accounting processes
  • Assisting with any new system tests, changes and any process refinements in conjunction with the IT department

 

Your skills and abilities should include:
  • Ability to work to tight timescales and meet strict business deadlines
  • Ability to prioritise workload to manage conflicting priorities effectively
  • Confident with a proactive approach to problem solving
  • Strong communication skills, both oral and written English
  • Other languages are a plus
  • Strong analytical skills
  • Good Microsoft Office knowledge, intermediate Excel, PowerPoint, Outlook etc