IBA Advocate
London, United Kingdom
003693
Working at Lockton
At Lockton, we’re passionate about helping our people achieve their ultimate potential. Our people are curious, action-oriented and always striving to make ourselves and those around us better. We’re active listeners working to ensure understanding and problem solvers developing innovative solutions. If you can see yourself delivering excellent service to clients, giving back to our communities and being a part of our caring culture, you belong here.
Schedule
Full Time Permanent
Job type
Experienced Professional
Workplace
Hybrid
Your Responsibilities
Lockton Re’s Client Services team are currently looking for skilled reinsurance professionals to join them, joining Lockton Re at an excited period of growth.
Working closely with our broking teams, and colleagues within client services, your skills and experience will enable the effective and accurate service to Lockton Re’s clients and internal stakeholders, with opportunity to grow your career with a fast-growing reinsurance brokerage.
- Undertaking monthly review of Aged Debt reports, chasing for due items and arranging settlement of held balances
- Preparing and reconciling Underwriter statements and arranging payments
- Authorising payments, sending them via G Treasury to the bank & monitoring the payment status.
- Verification of bank details and loading account details
- Posting Payment transactions on the company cashbook for the Bureau Signings
- Uploading the daily cash from the BARRT system and posting Cash Receipts
- Journal posting for cash movement / trades
- Running daily reports for the Bureau Signings, agreeing the balances back and identifying the unmatched signings
- Answering email queries and responding promptly
- Working independently, managing priorities and supporting team colleagues to ensure excellent client service.
- Actively building relationships with team, internal stakeholders and external reinsurers
- Identifying underwriters individual requirements and work alongside them to ensure a seamless payment process
- Participating in client and reinsurer meetings as required
Qualifications
Given this role's focus, previous relevant experience will be required to succeed in this position however we are open to the type of experience that would be considered. To give some guidance, candidates should be able to evidence some of the below points:
- Previous experience in a reinsurance accounting role, ideally gained within a broking environment
- Experience dealing with large corporate reinsurers advantageous
- Previous experience of Salesforce and Open TWINS is advantageous
- Ability to build and maintain excellent business relationships with colleagues and clients
- Proven problem solving skills, including the ability to resolve unusual and complex issues and then devise actionable solutions
Equal Opportunity Statement
Lockton Companies is proud to provide everyone an equal opportunity to grow and advance. We are committed to an inclusive culture and environment where our people, clients and communities are treated with respect and dignity.
At Lockton, supporting diversity, equity and inclusion is ingrained in our values, and we believe that we are at our best when we fully embrace everyone. We strive to cultivate a caring culture that learns from, celebrates and thrives because of our breadth of differences. As such, we recognize that recruiting, developing and retaining people with diverse backgrounds and experiences is vital and enabling our people to thrive personally and professionally is critical to our long-term success.
About Lockton
Lockton is the largest privately held independent insurance brokerage in the world. Since 1966, our independence has allowed us to serve our clients, take care of our people and give back to our communities. As such, our 13,100+ Associates doing business in over 155 countries are empowered to do what’s right every day.
At Lockton, we believe in the power of all people. You belong at Lockton.
How We Will Support You
At Lockton, we empower you to be true to yourself in all that you do. Your success is our success, and we provide opportunities to help you grow and create a rewarding career path, however you envision it.
We are ready to meet you where you are today, and as your needs change over time. In addition to industry-leading health insurance, we offer additional options to support your overall health and wellbeing.
No Agencies Please
Any Employment Agency, person or entity that submits an unsolicited resume to this site does so with the understanding that the applicant's resume will become the property of Lockton Companies, Inc. Lockton Companies will have the right to hire that applicant at its discretion and without any fee owed to the submitting Employment Agency, person or entity. Employment Agencies, who have fee Agreements with Lockton Companies must submit applicants to the designated Lockton Companies Employment Coordinator to be eligible for placement fees.
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