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Reinsurance Credit Controller

Applications for this role are now closed. View similar roles here.
The details


This is a fantastic opportunity to join one of the biggest name in the market, the ideal candidate must comprehend and address the needs of important stakeholders: Brokers/Reinsurers, the Underwriting team, and Group Finance. They should then demonstrate expertise in reinsurance and organizational skills to fulfill the responsibilities of RI Accounting.

Responsibilities include:

  • Taking ownership and responsibility for overseeing credit control and managing counterparties, ensuring the performance of the portfolio.
  • Reviewing contract terms to capture due dates accurately for timely recovery of reinsurance balances.
  • Managing credit control across all types of reinsurance purchased.
  • Evaluating actual premium compared to estimates throughout the contract lifespan to assess potential adjustments.
  • Collaborating with various teams and stakeholders to resolve queries.
  • Utilizing meetings with brokers and clients to discuss cash collection and payment performance.
  • Providing monthly reports to Group Finance and the underwriting team for review and understanding of significant changes.
  • Achieving key performance indicators (KPIs) for International and London Market business.
  • Ensuring compliance with finance deadlines.
  • Sharing knowledge within the Reinsurance accounting team for business continuity.
  • Supporting departmental initiatives and projects.
  • Analyzing aged debt to reduce outstanding debt and prevent further deterioration.
  • Analyzing portfolio for reinsurer exposure and performance.
  • Providing training on credit control and management practices.
Applications Closed