Ceded Reinsurance Technician

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Position Details
Reference No.
44829
Title
Ceded Reinsurance Technician
Category
Employment Type
Full Time
Available Positions
1
Location(s):
Nicosia
Posted On:
05/09/2017
Contact Details
Company
Arch Global Services Ltd
Contact Person
Agis Metaxas
Address
Limassol Avenue
Nicosia
Phones
22552753
Job Description

To provide support in Ceded Reinsurance of Arch Insurance Europe. Will involve working on Facultative and Treaty Placement and to prepare and render Quota Share account statements.

  • Record facultative and treaty placement details in IRIS and REBA.

  • Proportional Reinsurance - Prepare and render Quota Share account statements

  • Maintain Quota Share Statement and Excess of Loss Adjustment Logs

  • Credit Control and Cash Application – tie payments and cash movements in Access, liaising with Credit Control team in Cyprus

  • Set up payments in ArchPay

  • Assist in the data analysis as part of Reinsurance Submission process

  • Clearly document all procedures in an easy to follow process guide


Required Qualifications
  • Strong excel skills
  • Ability to work with data in a manual environment

  • Ability to prioritize and work to deadlines/targets.

  • Excellent communication (written and verbal) and interpersonal skills.

  • Ability to work on their own and use their initiative.

  • Previous experience in Ceded Reinsurance or Insurance Accounting is preferable.

  • Minimum 3 years of experience in Finance/Accounting

  • BS in Accounting, Mathematics, Economics, Information Management or Statistics