AmTrust Financial Services
IT , Underwriting
The Reinsurance Account Analyst provides industry leading support to clients by exhibiting excellent customer support, with detailed analyses of accounts, providing timely responses to questions/requests, timely reporting/payment and ensuring accurate/reliable information is consistently provided in all interactions with clients.
Serve as the AMT participation programs representative for designated clients; to provide single point of contact for designated clients
Prepare detailed analysis of underwriting performance of designated clients, along with proposed recommendations
Ensure timely delivery of monthly reports to clients
Monthly review of significant changes for clients; communicate with client as appropriate
Review and analyze reports and disseminate information as appropriate to the clients
Document, process and manage special exceptions or requests:
Prepare calculations, draft necessary correspondence/authorizations, gather necessary documentation and obtain necessary approvals
Follow up, assist and ensure completion of client requests
Maintain logs as required by management in order to track progress, activity, etc.
Send welcome to warehoused clients, which includes required documents, preferred trustees, etc.
Manage all warehoused business; communicate with client to get set up before expiry; send terminations letters sent once expired
Gather and track all required documents (agreements, By-Laws, licenses, etc.); ensure information is obtained in a timely manner; scan and file documents in appropriate location
Review agreements prepared by Processor and ensure timely delivery to client
Prepare required management summaries and reports for designated clients
Facilitate processing of invoices from outside parties for reinsurers
Receive and facilitate processing of requests for Excess releases and B Accounts
Provide all necessary communications to both external and internal parties for non-routine issues/subjects
Coordinate with client to resolve outstanding issues (i.e., collection of aged receivables, deficits, implementation of underwriting actions, etc.)
Provide support for internal personnel, as needed
Ad hoc requests, e.g., audit requests, reconciliations, special projects, etc.
Bachelors degree in Finance, Accounting, Economics, Mathematics, Business or related area of study
Minimum 5 years experience in legal, accounting, finance, insurance or related field
Very proficient in Microsoft Office
Excellent analytical skills
Good oral and written communication skills
Ability to multi-task, work under pressure efficiently, with high quality results and attention to detail
Self-starter and motivator
AmTrust Financial Services, Inc. was founded in 1998 to provide property and casualty insurance to small businesses. Through acquisitions and organic growth, AmTrust Financial Services has since grown to become a multinational property and casualty insurer specializing in coverage for small to mid-sized businesses. Our financial stability is based upon a philosophy of niche diversity with a focus on low-hazard risk.
Since its inception, AmTrust has crafted a balanced portfolio of insurance products including:
- Multiline Small Business Insurance
- Warranty and Specialty Risk Insurance
- Specialty Program Business Insurance
In November 2006, the company became publicly traded on the NASDAQ Global Market under the symbol AFSI. With extensive underwriting experience and a prestigious "A" (Excellent) Financial Size "XI" rating from A.M. Best, AmTrust has earned a reputation as an innovative, technology driven provider of insurance products. Our commitment to excellence is the common thread connecting each of our businesses.