Operations Assistant - Non-Proportional & Lloyd’s
London
Negotiable Salary + Excellent Benefits
We are currently recruiting for an Operations Assistant - Non-Proportional & Lloyd’s on behalf of our client, a very well-established and highly regarded London Market Insurer.
The successful candidate will provide technical expertise to the Operations team, as well as support aspects of the Underwriting / Reinsurance process.
Key Responsibilities
- Processing and adjusting premiums, commissions and claim payments in the accounting systems based on portfolio, Cash Management, Submission, Exports and Underwriting Support.
- Assisting with development and oversight of metrics and KPIs.
- Supporting Claims, Reserving, Underwriting and Finance departments.
- Providing support to the broader Operations team to help to ensure smooth and efficient monthly and quarterly closes.
- Assisting with requests from both Internal and External Auditors.
- Ensuring SOX compliance for Operations processes.
- Supporting the Collateral process for both Assumed and Ceded business, reporting analysis to Head of Operations.
- Analysing expected vs actual results including preparation of the quarterly Proportional accruals.
- Processing of transactions including moderate to more complex accounts.
- Supporting communication with Brokers, Underwriters, and Analysts, to ensure that technical accounts information is current, accurate and complete.
Key Requirements
- 1-3 years of experience in a similar role in Insurance - Ideally working with cash and credit control or working with premiums
Keywords: Operations Assistant; Operations Assistant - Non-Proportional & Lloyds; Claims Assistant; Lloyd's Market; London Market
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