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Trainee Reinsurance Processing Technician

Salary
Location Southend
Mergefield Title {Mergefield Value}
Mergefield Title {Mergefield Value}

This is a Permanent, Full Time vacancy that will close in {x} days at {xx:xx} BST.

The Vacancy

Vacancy Ref: ARD1011097

Job Purpose

To deliver excellent service to Price Forbes Re’s clients through the timely and accurate processing of their reinsurance transactions.

This will be achieved by close cooperation with your colleagues across the Fulfilment function (Account Managers, Claims Technicians & IBA) ensuring that, post placement, risks are handed over with sufficient information to process properly & that queries are resolved in a timely fashion.

Key Accountabilities 

Main Responsibilities: 

  • Working collaboratively with Account Managers, Claims Technicians, IBA and your Technical Processing colleagues to deliver excellent client service.
  • Working under the supervision of more experienced colleagues, learn & understand how to:
    • Process the various types of reinsurance contracts on our policy administration system.
    • Reconcile accounts, process and debit premiums and handle closings.
    • Work across the business to quickly resolve bureaux and IBA queries.
    • Manage and undertake assigned project work to time scales as directed.
    • Maintain up-to-date and orderly files.
    • Utilise in-house, Lloyd’s and Company market systems including Open TWINS, Global XB, CLASS, LORS and other Price Forbes Re computer systems.
    • Help improve the overall organisational design, working with and learning about other Fulfilment colleagues’ roles, to better enhance the Client experience.

Client Service:

  • Ensure that work is prioritised and processed quickly and accurately.
  • Escalate issues that may impact client outcomes to appropriate colleagues across Price Forbes Re or the wider Ardonagh Specialty business.

Representing Price Forbes Re:

  • Represent Price Forbes Re with clients, carriers and other organisations in a professional manner.
  • Champion the Price Forbes Re name and core values.

Compliance:

  • Comply with relevant legal, regulatory and Price Forbes Re compliance requirements, Errors and Omissions (E&O) compliance procedures and quality initiatives.
  • Escalate any potential E&O's to Divisional Directors and the Legal & Compliance team at the earliest opportunity.

The above list of responsibilities is not exclusive or exhaustive and the job holder may be required to undertake such tasks as reasonably expected within the scope of the role.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Person Specification 

Essentials:

  • Reliable, hard working, keen to learn and progress
  • Prior work experience.
  • 5 GCSE passes (or equivalent) including English and Maths.
  • 2 A-levels or equivalent
  • Accurate and attentive to detail.
  • Good written and verbal skills.
  • Organised and reliable.
  • Collaborative team working approach.
  • Ability to work with employees at all organisational levels.

Desirables:

  • Prior experience in (re) insurance or financial services
  • Proficiency in MS Outlook (e-mail).
  • Proficiency in MS Office (Word, Excel and PowerPoint).

 

The Company

Ardonagh Specialty Holdings Ltd incorporates Bishopsgate Insurance Brokers Ltd, Price Forbes & Partners Ltd, Ed Broking, Besso and Piiq. Together, these leading brands offer independent expertise and truly global reach across an unrivalled breadth of markets and client needs.

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Published

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Closing

in X days

{Expiry}