Reinsurance Analyst Position Available In New York, New York
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Job Description
Reinsurance Technical Accountant Contract:
6 months
Location:
New York, NY (hybrid) Be part of the Financial Services Industry. ECLARO is looking for a Reinsurance Technical Accountant for our client in New York, NY. ECLARO’s client is one of the world’s largest reinsurance firms, providing Property & Casualty, Life and Health Insurance to its clients. If you’re up to the challenge, then take a chance at this rewarding opportunity!
Position Overview:
The Portfolio Manager Operations oversees the administration of Retrocession accounts and contracts. Ensure the management of the Underwriting, Accounting, Claims and Cash-Flow of the portfolio the Portfolio Manager is in charge with. The Portfolio Manager Operations oversees the administration of insurance and/or reinsurance accounts and contracts, from establishing and maintaining contractual data, processing the insurance and/or reinsurance account bookings, claims handling and manage the related cash flow. Also supports the underwriters in administrative activities related to the underwriting process.
Pay Rate:
$37.46/
Hour Responsibilities:
Responsible for entries (treaties and/or facultative) in the Accounting and Underwriting system/platforms and all further modifications Enter T&C (Terms and Conditions) into the accounting system with accuracy. Check contractual T&C (Terms and Conditions), submit them to Underwriters for signature and draw their attention in case of ambiguities or changes. Check and process of accounts and claims advices. Clarify discrepancies of accounts and claims with underwriters/ claim experts/ cedents/brokers. Manage independently his/her own portfolio of accounts. Resolve problems following prescribed guidelines or procedures. Proactively seeks advice for new issues and suggest solutions. Manage cashflow including setting-up of client bank accounts in the accounting system, processing of outgoing/incoming payments and follow up on pending payments and open balances. Perform ICS controls (Internal Control System) according to relevant guidelines and pro-actively support Underwriters in the performance of these controls. Monitor client accounts / statistics by using internal reports, perform data analysis and support Stakeholders with reports and statistics. Ensure compliance with sanctions and embargos by scanning respective lists and forward to Underwriter/Legal for further investigation if needed. Ensure completeness and proper filing of underwriting, accounting and claims documentation DMS (Document Management System). Maintain good communication with clients by attending internal and external meetings and workshops as required. Be accountable for internal and external audit purposes.
Required Qualifications:
Experience:
At least 2 years of experience in the industry (re-/insurance). accounting and underwriting assistance and/or controlling. Advanced MS Office skills (focus on MS Excel, Power Query). Business Object skills beneficial. Power BI, Tableau, skills beneficial.
Personal Competencies:
Good insurance and reinsurance knowledge and eagerness to deepen expertise. Advanced analytical skills and accuracy. Advanced communication and team collaboration skills with both internal and external stakeholders and team members. Sense of reliability and responsibility. Self-motivation, flexibility and adaptability to changes.
Required Education:
Bachelor / completed commercial apprenticeship (ideally in re-/insurance company) or equivalent experience.
Required languages:
English:
Can lead discussions and negotiations at the highest level. Writes complex reports. Rarely makes grammatical mistakes.
French, German, Italian, Spanish:
No proficiency in this language required. If hired, you will enjoy the following
ECLARO Benefits:
401k Retirement Savings Plan administered by Merrill Lynch Commuter Check Pretax Commuter Benefits Eligibility to purchase Medical, Dental & Vision Insurance through ECLARO If interested, you may contact: Ivy Española ivy.espanola@eclaro.com 2019423003 Ivy Española |
LinkedIn Equal Opportunity Employer:
ECLARO values diversity and does not discriminate based on Race, Color, Religion, Sex, Sexual Orientation, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status, in compliance with all applicable laws.