AIG

Reinsurance Technician

London
Posted 15 days ago

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Reinsurance Technician

Reinsurance Technician At Talbot and AIG, we are reimagining the way we help customers to manage risk. Join us as a Reinsurance Technician to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team. Make your mark in Reinsurance Talbot operates within the Lloyd's Insurance Market through Syndicate 1183 and Syndicate 2019. With an expert team of highly skilled and experienced underwriters and a balanced, geographically diverse portfolio of business, Talbot has earned a reputation as an industry leading insurance specialist. Talbot writes a diversified portfolio including Crisis Management, Energy, Financial Lines, Marine, Political Risk, Property and Terrorism. Drawing on our deep industry expertise, Talbot develops tailored insurance solutions that address clients' evolving and often unique needs. Syndicate 2019 provides Lloyd’s investors with access to AIG’s Private Client Select (PCS) portfolio. Part of AIG since 2018, Talbot is committed to working with brokers and clients to deliver industry leading solutions. It is headquartered in London with offices in New York and Singapore. How you will create an impact Assist with the administration of all reinsurance post placement functions including contract booking, claims recoveries, credit control and reporting: Purchasing Input of new facultative and treaty contracts/endorsements on to the systems. Ensure key details are recorded accurately and in a timely manner. Input premium advice notes and ensure premium has been paid. Claims Assist with daily SCM/USM messages including Syndicate Event Coding. Assist with the month/quarter end process; including prompt advising of recoveries to brokers including claims data supplements/adjuster reports. Assist with Group reporting on shared RI contracts. Monitor and assist with credit control of claims & premiums via LORS including non-cash LORS. Assist with reinsurer queries and ensure requests are dealt with efficiently to ensure prompt settlement. Governance and Compliance Assist with adhoc reporting and returns and produce net data for the business Assist with meeting all SOX/Compliance/Audit requirements at all times. To have an awareness and understanding of risks within Talbot’s Risk and Controls Framework applicable to the Reinsurance department. What you’ll need to succeed Production of all Proportional Treaty Bordereaux for claims and premium ensuring prompt notification and settlements. Assisting with Facultative Claims recoveries General Reinsurance knowledge General Reinsurance Processing experience IT – most importantly Microsoft Excel, Word, PowerPoint Good analytical skills, presentation skills A team player who is also able to work as an individual, comfortable dealing with other individuals and teams both internally and externally # LI-AIG Ready to take your career to the next level? We would love to hear from you. At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike. Enjoy benefits that take care of what matters At AIG, our people are our greatest asset. We know how important it is to protect and invest in what’s most important to you. That is why we created our Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security—as well as your professional development—to bring peace of mind to you and your family. Reimagining insurance to make a bigger difference to the world American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world’s most far-reaching property casualty networks. It is an exciting time to join us — across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become. Welcome to a culture of inclusion We’re committed to creating a culture that truly respects and celebrates each other’s talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The talent of our people is one of AIG’s greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations. AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories. AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities. If you believe you need a reasonable accommodation, please send an email to candidatecare@aig.com. Functional Area: UW - Underwriting Talbot Underwriting Services Ltd (TS1) As a global risk leader with deep industry expertise and innovative solutions to smartly manage risk, AIG enables our clients’ growth in ways they never thought possible. We also do the same for our colleagues, because we know our people are our greatest strength – the source of every insight, every idea and every innovation. When we're working as one team to do what's right for our colleagues and our communities, we can achieve excellence together. We encourage colleagues to give back to the causes they care most about, supporting these efforts through our Volunteer Time Off and Matching Grants Programs. Join our Talent Community. Additional information about AIG can be found at www.aig.com | YouTube | Instagram| LinkedIn.

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Skills

Reinsurance Administration
Contract Booking
Claims Recoveries
Credit Control
Bordereaux Production
Microsoft Excel
Microsoft Word
Microsoft PowerPoint
Analytical Skills
Presentation Skills
Facultative Reinsurance
Treaty Reinsurance