General information
Location
United Kingdom London London
Work Place
Hybrid
Region
UK
Job Profile
Lockton - Experienced Professional
Title
Proportional Treaty Technicians
Description
Processing
- Multi-disciplined technical processing incorporating
- Premium
- Pro rata
- Excess of loss claims
- Experience covering all classes of business
- Converse with clients and carriers on a technical level
- Candidates need to be able to work independently managing priorities and supporting team colleagues to ensure customer satisfaction
- Excellent technical knowledge of the Lloyds and or Company Reinsurance market
- Actively builds relationships with team internal and external clients
- Identify clients individual requirements and work alongside them to achieve the best possible outcomes
- Participate in client and reinsurer meetings as required
Broker Support
- Risk sign down
- Prepare and maintain account statistics
- Provide support in the overall servicing of the clients account and retention of business
- Use Electronic methods throughout full process
Excess of Loss Claims
- Negotiate claims from initial notice through to the settlement and closure of claims.
- Experience to cover complex claims covering all classes of business including XOL reinsurance and binders reinsurer audit and direct including underwriter rep.
- Negotiate claims matters i.e. XPL ex-gratia and non-standard presentations.
- Letter of Credit a high level understanding and the ability to complete adjustments pro-actively and in the time frames required to avoid client penalty.
IBA
- Monthly review of Aged Debt reports chasing for due items and arranging settlement of held balances and monitoring of held balances and funding.
- Preparation and Reconciliation of Client statements and payment
- Daily allocation and monitoring of cash received
Candidate Profile
Successful applicants will ideally have prior relevant reinsurance experience in a Client Services position and be able to evidence experience in the following role requirements:
- Competent in processing all risks types proportional excess of loss premiums and claims
- Advantage for candidate who have experience of Salesforce and Open TWINS
- Previous IBA experience is advantageous
- Reinsurance Claims experience and understanding is a must have
- Experience with dealing with large corporate clients would be advantageous
- Ability to build and maintain good business relationships with clients Insurers and Associates.
- Ability to communicate effectively and professionally both verbally and in writing with clients insurers and other associates.
- Ability to manage time prioritise and ensure that deadlines are met without compromising quality.
- Proven problem solving skills including the ability to resolve unusual and complex issues and then devise actionable solutions.
- Demonstrated understanding of management concepts systems and quality assurance.
- Essential in-depth knowledge of IMR CLASS ECF LORS
- Knowledge of Microsoft products (Word Excel Outlook PowerPoint) or similar software applications
About The Position
This is a multi-disciplined technical processing role within Lockton Re incorporating processing of Proportional and Non-Proportional accounts Excess of Loss Premium and Claims.
Required Experience:
IC
General information Reference 003907 LocationUnited Kingdom London LondonWork PlaceHybridRegionUKJob ProfileLockton - Experienced ProfessionalTitle Proportional Treaty TechniciansDescriptionProce...
General information
Location
United Kingdom London London
Work Place
Hybrid
Region
UK
Job Profile
Lockton - Experienced Professional
Title
Proportional Treaty Technicians
Description
Processing
- Multi-disciplined technical processing incorporating
- Premium
- Pro rata
- Excess of loss claims
- Experience covering all classes of business
- Converse with clients and carriers on a technical level
- Candidates need to be able to work independently managing priorities and supporting team colleagues to ensure customer satisfaction
- Excellent technical knowledge of the Lloyds and or Company Reinsurance market
- Actively builds relationships with team internal and external clients
- Identify clients individual requirements and work alongside them to achieve the best possible outcomes
- Participate in client and reinsurer meetings as required
Broker Support
- Risk sign down
- Prepare and maintain account statistics
- Provide support in the overall servicing of the clients account and retention of business
- Use Electronic methods throughout full process
Excess of Loss Claims
- Negotiate claims from initial notice through to the settlement and closure of claims.
- Experience to cover complex claims covering all classes of business including XOL reinsurance and binders reinsurer audit and direct including underwriter rep.
- Negotiate claims matters i.e. XPL ex-gratia and non-standard presentations.
- Letter of Credit a high level understanding and the ability to complete adjustments pro-actively and in the time frames required to avoid client penalty.
IBA
- Monthly review of Aged Debt reports chasing for due items and arranging settlement of held balances and monitoring of held balances and funding.
- Preparation and Reconciliation of Client statements and payment
- Daily allocation and monitoring of cash received
Candidate Profile
Successful applicants will ideally have prior relevant reinsurance experience in a Client Services position and be able to evidence experience in the following role requirements:
- Competent in processing all risks types proportional excess of loss premiums and claims
- Advantage for candidate who have experience of Salesforce and Open TWINS
- Previous IBA experience is advantageous
- Reinsurance Claims experience and understanding is a must have
- Experience with dealing with large corporate clients would be advantageous
- Ability to build and maintain good business relationships with clients Insurers and Associates.
- Ability to communicate effectively and professionally both verbally and in writing with clients insurers and other associates.
- Ability to manage time prioritise and ensure that deadlines are met without compromising quality.
- Proven problem solving skills including the ability to resolve unusual and complex issues and then devise actionable solutions.
- Demonstrated understanding of management concepts systems and quality assurance.
- Essential in-depth knowledge of IMR CLASS ECF LORS
- Knowledge of Microsoft products (Word Excel Outlook PowerPoint) or similar software applications
About The Position
This is a multi-disciplined technical processing role within Lockton Re incorporating processing of Proportional and Non-Proportional accounts Excess of Loss Premium and Claims.
Required Experience:
IC
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