Login to Apply

Cashcalls:

Acknowledging receipt of requests and ensuring back-up documentation adequate
Preparing ad hoc cashcall letters and ensuring retentions and currency conversions are accurate
Booking all items accurately on the AS400, including reversals of ROGIS duplicates
Obtaining the requisite approvals for the cashcall
Issuing the cashcall letter and documentation
Monitoring the status of cashcalls and clearing bookings from the cashcall table
Identifying receipts and ensuring they are forwarded on to the issuing offices promptly
Clearing down balances from the receivable and payable ledgers
Chasing uncollected cashcall balances
Collation and filing of documentation from issuing offices for accounts requiring backup
Any other similar duties within the department as assigned.

Cash allocation :

Reviewing all anticipated cash receipts
Being first point of contact with A&F for all cash receipt identification
Advising A&F what to allocate cash against
Investigating queries on cash transactions
Reviewing uncleared balances on the cedant side of the ledger
Obtaining approval for payments to issuing offices and reinsurers
Running client reports both for audits and as and when required
Assisting in chasing uncollected balances as needed

Loss documentation :

Collation and filing of documentation from issuing offices for accounts requiring backup

Responsibilities

Acting within an agreed claims handling authority and upholding the departmental objectives.
Adhering to Lloyds Minimum Standards
Receiving and acting upon first notifications and updates, determining coverage.
Taking a fair and proportionate approach towards policy holders
Agreeing valid claims
Establishing and maintaining reserves
Carrying out negotiations with brokers, face to face when required
Handling claims electronically predominately via ECF and DocoSoft
Managing third party experts Minimum of two (2) years experience in a similar administrative role.
Some previous claims or captive experience would be advantageous.
Knowledge of the reinsurance or insurance industry an asset.
Must be a motivated individual, able to work on his/her own initiative, produce accurate work, and meet strict deadlines.
Must be able to produce reports and documentation.
Ability to communicate at all levels of the organization.
Strong communication (both written and verbal) and interpersonal skills.
A strong knowledge of Windows-based applications such as Word, Excel, Outlook.
Previous experience with AS400 an advantage