Finance Processing & Technical Assistant

Role Title: Finance Processing & Technical Assistant

Department: Operations and Support

Location: Paris

Type: Permanent

About the Role:

Manage the operations related to reinsurance business

About the Department & Team:

The team manages the operational process for the international reinsurance business, providing accurate and efficient data management of reinsurance accounts, with quality service levels. You will work in partnership with the underwriting function and in collaboration with the other support teams and colleagues in other locations e.g., Cologne and London.

You should be enthusiastic about working on the conception and introduction of efficient and innovative new processes. We are looking for someone with an independent and inquisitive approach, who is attracted by working in an international environment in a role that provides extensive exposure to numerous projects in our digital transformation journey.

Key Responsibilities:

• Using the underwriting system (IRIS), enter and clear submissions, prepare file used in policy construction and follow up with brokers and/or underwriters regarding outstanding questions and/or paperwork (e.g., subjectivities, underlying policies, policy information, etc.).
• Identify all required forms and materials related to policy issuance; prepare policy and endorsements (monetary & non-monetary) via Policy Document Mgmt system (PDM) or manually; mail policy to broker.
• Handle various requests/inquiries from brokers and/or underwriters to include premium information, loss information, policy changes, submitting request for loss control visit, etc.
• Prepare activity logs that track steps leading up to policy issuance and perform reconciliations against reports generated from underwriting system. Interact with other departments including Finance and Compliance to resolve discrepancies and/or issues.
• Handle pre-renewal activity to include preparing & mailing renewal letters. Perform day-to-day operational Underwriting & Accounting support in an efficient, accurate and timely manner, liaising with clients and providing financial information and advice, maintaining accounting records and preparing accounts and management information and monitoring credit control functions of Reinsurance Receivable/Payable and related Bank Accounts.
• Work collaboratively with other functional areas (Underwriting, Finance, Claims) and other LSM teams (UK and overseas), supporting and developing the reporting processes and performing test to check financial information and systems.

Skills and Experience

• Bachelor´s degree in Accounting or other Business degree preferred.
• Knowledge and experience in dealing with Reinsurance Accounting (Treaty & Facultative) and understanding of technical booking and reporting processes.
• Strong organizational, analytical and multi-tasking skills necessary to manage multiple deadlines and changing priorities in a fast-paced environment.
• Ability to collaborate with others, adapt to change and accept challenging assignments.
• Excellent communications skills both written and verbal (French/English).
• Organizational, analytical, documentation and multi-tasking skills to manage multiple deadlines in fast-paced environment.
• Ability to work within a diverse environment and under time pressure during key periods of the year.

About Liberty Specialty Markets (LSM)

Liberty Specialty Markets is part of Global Risk Solutions and the broader Liberty Mutual Insurance Group, which is a leading global insurer. We offer a breadth of world-class insurance and reinsurance services to brokers and insureds in all major markets.

Our people are key to our success. That is why "Put People First" is one of the five Liberty values which unite us as a global organisation. We bring this to life for our colleagues through:

• Offering a vibrant and inclusive environment and committing to their career development.
• Promoting diversity, equity and inclusion (DEI). Our Inclusion Matters framework and employee-led networks strengthen the diversity of our workforce and our inclusive environment.
• Reinforcing that collaborating together to share our unique perspectives help us make better decisions, deliver innovative solutions and pursue our ambitious goals.
• A supportive culture, which includes promoting a healthy work-life balance and working flexibly.

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