AmTrust Financial Services, Inc.

  • Reinsurance Processor

    Job Locations US-TX-Dallas
    Requisition ID
    2018-7423
    Category
    Finance
    Position Type
    Regular Full-Time
  • Overview

    The Reinsurance Processor accurately and timely processes all new set ups, changes, routine monthly activity and other requests for Reinsurance and Participation clients.

    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.

    Qualifications

    • Associate’s degree
    • Proficient in Microsoft Office
    • Minimum 2 years’ experience in legal, finance or related field
    • Detail oriented
    • Good oral and written communication skills

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