Description:
Key Accountabilities Technical Accounting Tasks:
- Review and post technical statement of accounts
- Review and rebook technical items for settlement
- Responsible for setting up new and renewing treaties in technical accounting systems
- Monitor the plausibility of forecasts and update prognosis and estimates (P&E) with underwriters
- Review client statistics including premiums, claims and commissions
- Reconcile balances to client reports and individual items for internal matching
- Post special reserves, contingent commissions and late adjustments
- Prepare monthly/quarterly reconciliation reports and other ad hoc reports
- Responsible for Intercompany reporting
- Ensure any assigned system interfaces are reconciled and of high quality
Claims Handling Tasks:
- Check of coverage against contractual metrics, validation of correct calculation, evaluation of payments for single losses and their authorization according to individual authority level.
- Processing of retro losses if applicable
- Processing of run off losses including commutation if applicable
- Data entry into technical systems as required
- Collaborate with various stakeholders especially Claims Management