Hybrid Operations Assistant - Non-proportional & Cash bei RenaissanceRe

RenaissanceRe is a leading writer of Property & Casualty Reinsurance. For over 25 years, we have helped customers and communities recover and build resilience through our industry-leading ability to understand risk, source efficient capital and rapidly pay claims.

Our global team shares a passion for solving our customers’ biggest problems through a collaborative and entrepreneurial culture that empowers employees and rewards creative thinking.

POSITION TITLE:       Operations Assistant - Non-Proportional & Lloyds

LOCATION:                  London 

DEPARTMENT:           Operations 

POSITION SUMMARY: 

The Operations Assistant is responsible for, but not limited to, supporting the team, providing technical expertise to the members of the Operations team, ownership of a defined portfolio of responsibilities, which will include certain aspects of facilitating, reviewing and analyzing the processing of all aspects of underwriting/reinsurance contract and claims information in our 

risk, accounting and claims systems for all books of business written. The Operations Assistant will also assist with special/ad hoc projects when required. 

PRINCIPAL ACCOUNTABILITIES: 

•       Performing day-to-day responsibilities which may include: processing premium, premium adjustments, commissions and claim payments in our accounting systems based on portfolio, Cash Management, Submission, Exports and Underwriting Support. 

•       Supporting development, implementation and documentation of processes and controls for efficient handling of portfolio of responsibilities. 

•       Assisting with development and oversight of metrics and KPIs ensuring they align to the goals of the team. 

•      Helping to support to Claims, Reserving, Underwriting and Finance departments. 

•      Support for adherence to contract certainty. 

•      Assist with implementation and execution of special/ad hoc projects within the Operations Department. 

•       Provide support to the broader Operations team to help to ensure smooth and efficient monthly and quarterly closes. 

•      Assist with requests from both Internal and External Auditors. 

•      Ensuring SOX compliance for Operations processes. 

•       Ensure all responsibilities are carried out with a high degree of quality, in a timely manner. 

Proportional, Non-Proportional or Lloyds Processing Specific: 

•       Support the Collateral process for both Assumed and Ceded business, reporting analysis to Head of Operations. 

•      Help analyze expected vs actual results including preparation of the quarterly 

Proportional accruals (if part of the specific portfolio). 

•      Processing of transactions including moderate to more complex accounts. Submissions, Exports and Underwriting Support Specific: 

•       Support communication with Brokers, Underwriters, and Analysts, to ensure that technical accounts information is current, accurate and complete in the accounting and underwriting (REMS) systems. 

•      Support for adherence to contract certainty. 

Our people are our most valuable resource and core to our success. This is a fast-paced business environment, demanding a strong work ethic and a results-oriented approach. We offer competitive compensation and benefits, a comprehensive talent development program, and a reward system in which employees share in the success of the company. We are an engaged member of the communities in which we live and work and have a locally-led giving philosophy with generous employee matching program, global and local community grants and employee volunteerism.

We seek diversity, create equity, and practice inclusion. Our people are at the heart of everything we do. We are an equal opportunity employer. We provide equal opportunity to all qualified individuals regardless of race, color, religion, national origin, sex, sexual orientation, gender identity, marital status, pregnancy, disability, military status or other legally protected categories.