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Temporary Technical Insurance Accounting Clerk

IPS Group
Posted a month ago
Location

London, Greater London EC2V7NQ, England

Salary

£22,000 - £28,000 per annum

info
Contract type

Full Time

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Reasons could include: the employer is not accepting applications, is not actively hiring, or is reviewing applications

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Temporary Technical Insurance Accounting specialist required by leading global insurance business.Initially for a 6-month day rate contract although likely to extend possibly even permanently.You will ideally have some insurance experience although specific technical training will be provided.Must be available to start immediately.

  • Responsible for assisting technical processing functions ILU/LIRMA for Inwards Facultative insurance produced by UK for all lines of business, Property, Casualty, Engineering, Cargo, Aviation, Parametric & Fine Art
  • Assisting an offshore team, ensuring the right level of support is received to complete activities on time.
  • Delegating activities to offshore team and ensuring the quality of deliverables.
  • Understanding IPT and Freedom of Service tax and being able to allocate premium per country taxes for processing, understanding of Direct and Indirect.
  • Liaise with Brokers and Co-insureds to resolve queries related to receipt of Bordereaux, Invoices and Fee processing, Data Quality etc.
  • Develop a rapport with offshore counterparts to allow for smooth completion of work.
  • Liaise with Brokers to resolve unclosed risks and chase and outstanding business.
  • Work closely with Credit control & Operations team to assure consistent data quality and fast clearance of premium.
  • Processing Of Outwards Re-insurance and retro business for Proportional and non-proportional re-insurance with some Treaty elements.

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