JOB PURPOSE/ROLE At AGCS we are dedicated to supporting our clients by working with them to deliver the best possible solutions to the management, control and reduction of risks.
Based in London you will be responsible for all operational aspects of the assigned book within the Alternative Risk Transfer/Capital Solutions Lines of Business within AGCS, which includes derivative as well as insurance contracts.
This includes the onboarding of new clients, recording of new transactions into our underwriting systems, monitoring the process (issuing invoices, ensuring timely receipt of final documents, premium etc.), monitoring the portfolio, calculating and recording claims/settlements, liaising with F&A and reconciling the book with our clients.
This role involves interaction with clients and colleagues in multiple international offices.
KEY RESPONSIBILITIES In this role you will
-Ensure all transactions within the assigned area are properly entered into the underwriting systems.
Coordinate information flow externally and internally, and ensure ongoing internal processes are followed.
-Ensure all transaction documentation and underwriting supporting material are completed properly and processes followed
-Process any incoming claims on assigned transactions (including performing derivative settlement calculations )
-Work with external clients to ensure we have the same risks / premiums / claims on mutual contracts
-Work with underwriters, other deal management staff and IT development to develop improvements / enhancements for the underwriting and processing systems
-Assist in general operations tasks and process development, contribute on assigned projects KEY REQUIREMENTS/SKILLS/EXPERIENCE
-You will have strong traditional insurance knowledge
-You will demonstrate an understanding of insurance operations
-You will ideally have a knowledge of non-traditional business including derivatives
-Strong communication and diplomacy skills are necessary; you will be skilled at negotiation internally and externally at senior levels.
You will be able to express ideas and messages clearly, both written and verbally
-You will have strong analytical skills, attention to detail; a diligent work attitude and the ability to define complex problems and develop solutions to these problems
-You will have the ability to manage many concurrent tasks across multiple transactions and with different internal and external customers