MERJE are delighted to be appointed by a fast growing and dynamic specialty Insurer in their search for a talented Senior Premium Management Analyst. This role is office based 5 days in Bishopsgate. As well as an excellent salary of up to £75,000 our Client offer market leading benefits that include: Up to 40% Bonus (20% on target) 12% non contribution Pension Private Medical for you and your family BUPA Blue Health DenPlan 0% interest season ticket loans up to £800 towards gym membership Free on-site Gym much, much more. Your new role: An essential part of the Technical Operations Team, and the purpose of the role is to ensure that all premiums are chased, calculated, and recorded in an accurate and timely manner. Duties & Responsibilities Management Information and Performance Reporting Work with the Premium Management Manager to review and enhance management information required to manage and report on the performance of the team ensuring appropriate coverage of progress and issues Identify and implement opportunities to streamline the processes to produce this Management Information Premium Review and Updates Check and book all reinstatement premiums and follow up with broker for overdue reinstatement adjustments. Statutory premium reserve reviews and ensure that all reserves that have been retained are released in accordance with the terms and conditions of the policy. Ensure that all Quota Share premium statements are received on time and chase broker for any missing submissions. Ensure that all Aggregate Lineslip premiums are booked in Prequel before the month close. Review policies which contain a No Claims Bonus to identify whether any returns of the NCB are due. Follow up with broker accordingly. Perform annual calculations of the profit commissions according to the policy terms and conditions and ensure that the policies are updated accordingly. Follow up with broker to ensure any return of profit commissions are submitted. All unaccounted premiums should be review and resolved on a monthly basis before each month close. Co-ordinate the quarterly EPI review and ensure that all policies are reviewed and tracked in the EPI Review tool. All Lineslips which contain zero booked premium after the expiry of the Lineslips should be reviewed and followed up with brokers for confirmation of the premium. Review policies which contain a Continuity Commission/bonus to identify whether any returns are due. Follow up with broker accordingly. Reconcile and match Xchanging entries to policy and premium entries booked. Supporting wider credit control function as required. Acquisition costs to be reviewed for differences between expected and received. Policy Reviews / Premium Status All policies to be reviewed in line with premium slip conditions to ensure that all premiums are accurately booked and all endorsements for expected premium are captured in the system. Any expected premiums not yet recorded to be followed up with brokers. Compliance Reporting Assisting with the preparation of compliance reports as requested by the Compliance team. Ensure early identification and submission of the Compliance report to ensure that no late filings of the Statutory reporting. Audits Support the internal and external audit reviews and ensure all requirements are delivered in a timely manner. Data Quality Initiatives Support the Operations Data Quality Initiatives. Assisting the Manager with the Oversight of the Outsourced Company Oversight of the outsourced processes, currently premium adjustment chasing/processing and bordereau processing/management Ensure high data quality is maintained for all areas requiring data entry and that all agreed targets are met. Where data quality issues are identified work with the outsourced providers leadership team to ensure that root cause analysis is undertaken and ensure remediation plans are defined and implemented by the outsourced provider to correct errors and prevent recurrence. Assisting the Manager with the Oversight of the IPT Submissions Ensure that all IPT returns are submitted before the required deadlines to ensure no late submissions. Ensure that all queries received from the Regulatory Reporting Team or the Fiscal Representatives in a timely manner. Ensure that the data quality checks are completed and ensure that all paid items are imported and matched to the voucher records. Ensure that all IPT process documentation is kept updated with any process changes. Minimum Qualifications, Skills & Experience A minimum of 10 years experience in an Operations team with a particular focus on Premium Management Demonstrated Operations Experience in an MGA. A practical understanding of Underwriting and policy administration systems; Basic competency in MS Office applications: Word and Adobe Standard required Advanced Outlook and Excel skills Demonstrated ability to master new concepts quickly, and take initiative with own personal development Ability to develop relationships with key stakeholders both internal and externally across the Company Must be able to self-lead and work effectively both independently and with teams; Demonstrated ability to deliver and manage accurate thoughtful detail-oriented work within tight deadlines. Applicants must be located and eligible to work in the UK without sponsorship. 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