Primary Responsibilities
• Ensure compliance with QBE policies. Procedures and relevant legislations
• May contribute to the refinement of process procedures and systems for continuous improvement
•Develop and maintain relationships with stakeholders, specifically divisions, brokers, underwriting and other internal support teams
•Enter RI policies on company’s reinsurance system and ensure all premiums are paid to reinsurers
• Process collections in the system and prepare advises for send out to Reinsurers
• Settlement of RI premiums for Equator Re, NICO and other external reinsurers
• Raise LORS entries for settlement of claims and premiums and perform clean ups as necessary
• Coordinate with divisions/brokers or other internal functional units to reconcile data or account balances inquiries
• Review and identify existing claims for any possible RI recoveries
• Review contracts quarterly/annually and calculate provisions for policies that are subject to profit commissions, no claims bonus and premium adjustments
• Prepare Monthly account balances and reconciliation for NICO
• Prepare Group Reinsurance reports for Group Aggregate Risk, Group/Division Large Risk and Catastrophe Reports, and perform reconciliations as necessary
• Prepare Returns for Terrorism Covers, ensure completeness of all policies with reconciled premiums for payment
Required Education
• Bachelor's Degree or equivalent combination of education and work experience
Required Experience
• NA
Preferred Competencies/Skills
• Strong Skills in spreadsheets, data analysis and reconciliation procedures
• Attention to detail
• Time management Skills
• Problem solving Skills
• Stakeholder management skills
• Keen to details
Preferred Experience
• At least 1 year experience, preferably in a shared service environment
Preferred Knowledge
• Knowledge of General Ledger and Accounts Payable/Receivable functions
QBE Cultural DNA
• Everything we do at QBE is underpinned by our DNA (which interlinks seven cultural elements) – because we know it's not just what we do that matters, it's how we do it that makes the difference. We expect all employees to role model and inspire the right behaviours that link to our cultural elements:
•We are customer-focused
•We are technical experts
•We are inclusive
•We are fast-paced
•We are courageous
•We are accountable
•We are a team
•All employees are expected to adhere to QBE’s Code of Ethics and Conduct and apply sound risk management practices
US Only - Disclaimer
• To successfully perform this job, the individual must be able to perform each essential job responsibility satisfactorily. Reasonable accommodations may be made to enable an individual with disabilities to perform the essential job responsibilities.
Global Disclaimer
• The duties listed in this job description do not limit the assignment of work. They are not to be construed as a complete list of the duties normally to be performed in the position or those occasionally assigned outside an employee’s normal duties. Our Group Code of Ethics and Conduct addresses the responsibilities we all have at QBE to our company, to each other and to our customers, suppliers, communities and governments. It provides clear guidance to help us to make good judgement calls.
How to Apply:
To submit your application, click "Apply" and follow the step by step process.
Equal Employment Opportunity:
QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.