Ceded Reinsurance Accounting Technician
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Job Location:
Manchester, CT - USA
Monthly Salary:
Not Disclosed
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Department:
Job Summary
Ceded Reinsurance Accounting Technician
Location: US (East Coast preferred Remote)
Terms: Full-Time
Compre is a fast-growing global specialty reinsurance company serving the Lloyds European and North American insurance markets.
Were looking for an experienced Ceded Reinsurance Accounting Technician to join our team and proactively manage ceded reinsurance for assigned portfolios. Youll take ownership of your own caseload support colleagues where needed and help identify additional asset opportunities within ceded reinsurance programs.
Key Responsibilities
Present ceded reinsurance claims accurately and in a timely manner
Respond to reinsurer and broker queries as required
Analyze daily and monthly claims movements for XOL recovery
Maintain the internal reinsurance system to ensure accurate contract positions and manage erosion of available cover
Input ceded reserves and settlement requests into ReSys and set up ceded policies with appropriate documentation
Perform credit control activities including cash collection and monitoring of aged debt
Assist with due diligence reviews and onboarding of newly acquired books of business
Support negotiations with counterparties to achieve the best outcomes for Compre-managed companies
Assist with data cleansing initiatives and ad hoc project work
Liaise with internal teams and manage workloads effectively prioritizing competing demands
Respond to reinsurer and broker queries as required
Analyze daily and monthly claims movements for XOL recovery
Maintain the internal reinsurance system to ensure accurate contract positions and manage erosion of available cover
Input ceded reserves and settlement requests into ReSys and set up ceded policies with appropriate documentation
Perform credit control activities including cash collection and monitoring of aged debt
Assist with due diligence reviews and onboarding of newly acquired books of business
Support negotiations with counterparties to achieve the best outcomes for Compre-managed companies
Assist with data cleansing initiatives and ad hoc project work
Liaise with internal teams and manage workloads effectively prioritizing competing demands
Candidate Requirements
Minimum of 5 years experience in ceded reinsurance accounting
Strong ceded claims technical expertise
Solid understanding of contract terms conditions and relevant legal frameworks
Proven experience in credit control and cash collection
Strong verbal and written communication skills
Strong ceded claims technical expertise
Solid understanding of contract terms conditions and relevant legal frameworks
Proven experience in credit control and cash collection
Strong verbal and written communication skills
Benefits
Flex First: A remote-first approach empowering employees to thrive from any location
Benefits:
oCompetitive salary and bonus eligibility
oMedical dental vision EAP and life insurance
o401(k) with company match
oRemote worker expenses and health & wellbeing programs
Personal Development: Ongoing learning and development opportunities
Time Off: Generous vacation and holiday entitlement plus STD & LTD coverage
Engagement: Company off-sites and active employee resource groups (Wellbeing DEI Comms & Engagement)
Benefits:
oCompetitive salary and bonus eligibility
oMedical dental vision EAP and life insurance
o401(k) with company match
oRemote worker expenses and health & wellbeing programs
Personal Development: Ongoing learning and development opportunities
Time Off: Generous vacation and holiday entitlement plus STD & LTD coverage
Engagement: Company off-sites and active employee resource groups (Wellbeing DEI Comms & Engagement)
Required Experience:
IC
About Company
Compre is a leading global specialty reinsurance business. We provide capital and liability solutions, giving certainty to our clients on their portfolios.
