Technical Accounting (Reinsurance)

Key Responsibilities
Risk Pre-Binding Activities

Review and process risk submissions and supporting documentation.

Validate underwriting data for completeness and accuracy prior to binding.

Coordinate with brokers, underwriters, and internal stakeholders to support risk placement activities.

Ensure all required compliance and operational checks are completed before binding.
Post-Binding Activities

Process bound risks within operational systems.

Maintain accurate policy and contract records.

Support endorsements, amendments, renewals, and cancellations.

Monitor workflow timelines and ensure operational service standards are met.
Premium & Claims Booking

Accurately record premium and claims transactions within relevant systems.

Ensure timely processing and reconciliation of premium and claims data.

Investigate discrepancies and coordinate resolution with internal and external stakeholders.
Credit Control Activities

Monitor outstanding receivables and payables.

Support premium collection and follow-up activities.

Liaise with brokers, cedants, reinsurers, and finance teams regarding payment statuses.

Assist in reducing aged debt and improving collection performance.
Technical Accounting

Perform technical accounting activities relating to reinsurance contracts.

Ensure accurate recording and maintenance of financial transactions.

Support month-end and period-end accounting processes.

Maintain compliance with internal controls and reporting standards.
BDX Handling

Process and validate BDX (Bordereaux) data received from clients and partners.

Review bordereaux for completeness, accuracy, and consistency.

Upload, reconcile, and maintain BDX records in internal systems.

Resolve data discrepancies through coordination with relevant stakeholders.
Premium Allocation & Reconciliation

Perform premium allocation activities across contracts and accounts.

Conduct regular reconciliations between operational and financial records.

Investigate and resolve unmatched or disputed transactions.

Ensure data integrity and reporting accuracy.
Monthly Reporting

Prepare and distribute operational and management reports.

Support KPI tracking, performance analysis, and data quality reviews.

Provide insights and reporting packs for internal stakeholders.

Assist in identifying process improvement opportunities through data analysis.
Skills & Competencies

Strong understanding of reinsurance operations and insurance processes.

Knowledge of technical accounting and premium reconciliation.

Experience handling BDX/Bordereaux data.

Excellent analytical and problem-solving skills.

Strong attention to detail and accuracy.

Effective stakeholder management and communication skills.

Ability to manage multiple priorities within a fast-paced environment.

Proficiency in Microsoft Excel and reporting tools.

Strong organizational and time management skills.