19 May 2021

Client Insurance Executive

Ref 33646

A captive insurance business arm of a financial services group is seeking a Client Insurance Executive, to join their Client Insurance department.

Key responsibilities:

  • Responsible for all client insurance and reinsurance administration issues including liaison with the wider insurance team.
  • Contributes to preparation and review of board pack, attends board meetings and presents the insurance section to the Board.
  • Review of minutes and matters arising following the board meeting.
  • Establishes underwriting and reinsurance programs, checking the appropriate match of incoming and outgoing policies.
  • Prepares and reviews policy wording.
  • Producing renewal reports
  • Prepares renewal presentation packs for reinsurers.
  • Reviews and settles all claims and bordereau.
  • Monitors reinsurance recoveries and liaises with reinsurers to collect outstanding amounts due
  • Liaises with external parties such as the GFSC, advocates and auditors as required.
  • Prepares insurance accounts/triangulations/underwriting statistics monthly/quarterly.
  • Handles new client enquiries as allocated.
  • Monitors and reviews solvency and capital adequacy and ensures the necessary action is taken to protect clients’ interests where needed.

The desirable candidate will have previous experience in a similar role, have excellent time management skills and be a team player

 

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