Working within Chaucer’s Non Bureau & Credit Control Team, the Technical Accountant has responsibility for processing insurance and reinsurance accounts, reconciling and settling balances. This role supports the business written via Chaucer’s international offices.
Job Description
Assist the Senior Technical Accountant in respect of inwards treaty reinsurance account matters across Chaucer Group
Assist in the timely submission of Quarterly accounts and maintain data integrity and accuracy in the system
Assist in the timely and accurate settlement of premium and claims in accordance with treaty terms, escalating to Underwriters where necessary
Reconcile accounts and highlight discrepancies to the Senior Technical Accountant
Contribute to meeting KPI’s in terms of the reduction of aged debt and unallocated cash within Chaucer Group
Actively participate in continuous improvement initiatives surrounding processes in relation to the reduction of aged debt, unallocated cash and queries specific to proportional treaty accounting.
Assist in maintaining policies and procedures in relation to the role to improve efficiency and effectiveness
Assist in the reduction of data quality issues across the Chaucer Group, that impact credit control
Attend and participate in training sessions and other meetings, as and when required
Assist with and undertake tasks as defined by the Credit Control and Non Bureau Manager
Regulatory Responsibilities
Support the CSL and CIC Board’s to maintain a corporate culture, policies and procedures that pay due regard to the interests of CSL / CIC customers and treats them fairly at all times.
Skills and Competencies
Some knowledge of the Lloyd’s insurance market, an insurance company or broker
Some knowledge of technical accounting experience within the reinsurance / insurance sector
Excellent organisational and time management skills
Ability to work collaboratively in a team environment
Good analytical skills and attention to detail
ABOUT US
Chaucer is a leading insurance group at Lloyd’s, the world’s specialist insurance market. We help protect industries around the world from the risks they face. Our customers include major airlines, energy companies, shipping groups, global manufacturers and property groups.
Our headquarters are in London, and we have international offices in Bermuda, Copenhagen, Dubai and Singapore to be closer to our clients across the world. To learn more about us please visit our website.
Chaucer is committed to diversity, actively values difference and respects people regardless of the protected characteristics which are outlined in the Equality Act 2010 (UK legislation) as a result of the Equal Treatment Directive 2006 (EU legislation).
A diverse workforce and an inclusive workplace are core to our success as a business and integral to our winning strategy and culture. We recruit from the widest available pool of talent, and our hiring, assessment and selection process is fair, free from bias and one which ensures we select the right person for the job, based on merit. We are committed to promoting a culture that actively values difference, and recognises that everyone has the right to be treated with dignity and respect throughout their employment.
We are open to considering flexible working arrangements for all roles and encourage you to outline your needs during the interview process.
Top Skills
What We Do
Chaucer are a leading specialty (re)insurance group working with brokers, coverholders and clients to protect and support business activities around the world. Our services are accessed both through Lloyd’s of London and the company markets.
We are defined by an enterprising, bespoke approach to (re)insurance, enabled by the individual character, experience and imagination of our expert teams.
Chaucer is a member of the China Re Group and backed by their financial and operational resources. China Re is one of the world’s largest reinsurance companies whose outstanding and comprehensive strength is rated A (excellent) by AM Best and A (strong) by S&P Global Rating.
