Treaty Accounts Technician

Employer:	UIB SAUDI
Job Title:	Treaty Accounts Technician
Location:	Riyadh, Saudi Arabia
Job Type:	Unspecified
Category:	Accounting and Auditing
Description:	Overall Role:Responsible for; Processing and administration of proportional treaty accounts, premium adjustments, and XL claims in accordance with slip conditions and UIB procedures, including credit control.Key Accountabilities/Core Competency Indicators:Treaty Accounts Processing Process proportional treaty accounts and premium adjustments in accordance with the slip conditions and UIB procedures. Maintain reconciliations of technical accounts in accordance with UIB procedures Monitor/review technical position of treaty accounts and premium adjustments in accordance with UIB procedures. XL Claims Process excess of loss claims/reinstatements from first advice and settlement in accordance with the slip conditions and UIB procedures. Administer claim until closed in accordance with UIB procedures. Credit Control Monitor/review associated business entities balances in accordance with UIB procedures. Control collections and transfer of funds to/from associated business entities in accordance with UIB procedures. Communication Action to all internal/external enquires and query resolution in accordance with UIB procedures Liaise with the Account Executive/Accounts Department, if/where necessary, where there is a common interest and/or account query resolution required. Management Information/Support Produce and/or analyze premium/brokerage/claims/renewal and other statistics as may be required by Line Manager/Division. Inform/update Line Manager/Division of potential technical/financial problematical issues that may arise. Maintain/review common files/spreadsheets for reporting purposes. Assist Line Manager/Division, where required, with any projects that may arise. Contribute to the wellbeing of the Division. File Management Ensure that correspondence, file notes, documentation, statistic etc. are retained on paper and electronic files, to demonstrate a complete audit trail, in accordance with UIB procedures. Record/monitor movement of files and store in accordance with UIB procedures. Compliance/Corporate Governance Legal, market, regulatory and Best Practice Manual requirements are met in all aspects of business acquisition, placing, claims and servicing. High technical standards are maintained to achieve quality, minimal rework and minimal E & O exposure. Maintain confidentiality in systems and procedures. Financial & document checks and subsequent approval process is handled in accordance with UIB’s Authorised Signatory List. Supports the introduction of new processes in response to regulatory changes. Identifies and reports suspicious financial circumstances or transactions directly to UIB’s Money Laundering Reporting Officer General At all times behave in a way that upholds and promotes the good name and reputation of UIB Group Deal honestly and fairly with colleagues, clients, and others within the insurance profession Take responsibility for own learning and development. Keep up-to-date with best practices and legal developments relating to your own field of expertise. To meet all external and internal training requirements.
Qualifications:
Education:	Bachelor's degree / higher diploma
Salary:	Unspecified
Contact:	Apply

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