Key tasks & responsibilities
1. Undertake the following tasks in respect of the Reassurance treaties that exist between our clients and 3rd Party Reassurers and in line with agreed client SLA's:-
2. Administer and control Reassurance Premiums paid
3. Administer and control Reassurance Claim recoveries
4. Calculate reassurance Accruals / Prepayments at month-end and post appropriate journals to the General Ledger
5. Assist in the management and control the elements of the General Ledger that relate to 3rd party reassurance
6. Monitor reassurance payments through the bank account and post appropriate general ledger journals
7. Undertake appropriate system downloads in respect of reassurance information
8. Undertake reassurance Balance Sheet reconciliation's and ensure the timely resolution of all reconciling items
9. Provide all information to the reassurers in line with the treaty requirements
10. Respond to reassurance queries from other departments, clients and the reassurers
11. Provide cover and assist where needed with all other finance administration tasks undertaken within the Finance Operations Team
* Ad hoc financial tasks as requested