Reinsurance Processor I
- Employer
- AmTrust Financial Services
- Location
- Dallas, Texas
- Salary
- Not Specified
- Closing date
- Mar 30, 2019
View more
- Category
- Customer Service, Operations
- Job Type
- Not Specified
- Career Level
- Not Specified
Job Details
Reinsurance Processor I
Overview:
The Reinsurance Processor I accurately and timely processes all new set ups, changes, routine monthly activity and other requests for Reinsurance and Participation clients.
ResponsibilitiesPrimary responsibilities:
- Receive and QC required documents and requests received from Analyst
- Complete fields in template agreements/documents and submit for review and approval within designated time requirements; once approved, send to the client
- Maintain logs as required by management in order to track progress, activity, etc.
- Administer reinsurance and retro accounts in system: initial set up, changes and terminations within designated time requirements; coordinate with appropriate teams
- Provide various authorized individuals user access
- Input trust activity for accounts with banks not having data feeds
- Process other manual tasks as deemed necessary
- Perform various control checks (data feeds, system close, etc.) and other internal control (SOX) processes
- Coordinate with Accounting to process payments to/from reinsurers
- Coordinate with Accounting to process payments to retro recipients
- Manage outstanding receivables, payables and deficiencies
- Provide Accounting/Finance required information (i.e., Schedule F)
- Ad hoc requests, e.g., audit requests, special projects, etc.
Knowledge/Skills/Experience
- Associates degree
- Proficient in Microsoft Office
- Minimum 2 years experience in legal, finance or related field
- Detail oriented
- Good oral and written communication skills
Company
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.
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