Reporting to: Technical Controller
Time commitment: 37.5 hours a week with flexible working
Hybrid working: Flexible with office working of a minimum of 2 days per week.
Salary: Competitive depending on experience, plus excellent benefits package
Location: Cheltenham
The Opportunity
This is an exciting opportunity to join our Cheltenham Claims team managing Reinsurance Assets to include Proportional and Non-Proportional Reinsurance Recoveries, arranging settlement of premiums. You will be liaising with the Claims team, collating Loss Information, managing queries and payable balances.
We are a people-centric culture of togetherness, empowerment, and involvement. It is our team that makes PoloWorks.
Key Responsibilities
Review and analyse movements in ITD Technical data.
Calculate and prepare Proportional and Non-Proportional Reinsurance Recoveries.
Update the cumulative financials at Collection, Contract and Claims Level.
Monitoring of Collateral and outstanding balances.
Onboarding, reconciliation and adhoc project work.
Client Reporting and participation in client meetings.
Experience & Skills
An enthusiasm for problem solving.
Excellent written and oral communication skills with the ability to communicate effectively at all levels.
A background in data analysis and competent interpretation skills would be an advantage.
An attention to detail when handling large and sophisticated datasets.
Intermediate / Advanced Excel skills.
A good understanding of the London Market, principles and practices would be helpful.
Outwards Reinsurance and experience desirable but not essential.
Demonstrates behaviours aligned to the PoloWorks PRIDE values:
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Pioneering – we don’t stand still
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Responsible – We do the right thing
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Inclusive – we all play a role
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Delivery Focussed- we provide services we are proud of
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Empowering – we equip people to be their best
What you’ll get in return
As well as a competitive salary, discretionary annual bonus, minimum of 23 days of annual leave (with the option to buy more), you will also get an excellent benefits package, including flexible, hybrid working, private health insurance, life assurance, income protection, enhanced pension contributions, and occupational maternity and paternity pay.
You will also have access to company volunteering days, an employee assistance programme with retail discounts and savings, a generous employee referral scheme, regular sports and social events, and free Cheltenham bus travel.
Who are PoloWorks?
PoloWorks is the leading provider of UK-based support services to the insurance market. We have built a strong reputation as dedicated and dependable experts in our field. We pride ourselves on our ability to be flexible, responsive, and knowledgeable.
As a leading service support company and turnkey managing agency, our clients choose us because our staff not only have the expertise but also a profound affinity with their business challenges. Our mission is to support, inspire, and develop the insurers of today and tomorrow.
Our clients, whether digital start-ups or well-established organisations, rely on the PoloWorks team to develop and strengthen their businesses. Our clients' goals are our goals. As such we design and deliver bespoke solutions to their specific business challenges.
With offices in London and Cheltenham, PoloWorks has ambitious growth plans, offering exciting opportunities for anyone joining us on the next phase of our journey