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Claims & Reinsurance Technical Specialist


Job description

The Opportunity

This is an exciting opportunity to join our Cheltenham Claims team handling Reinsurance Proportional Treaty Statements, Non-Proportional Claims, collate Loss Information, manage payments, calculate Reinsurance Recoveries and provide up to date Financials across multiple clients.

We are a people-centric culture of togetherness, empowerment, and involvement. It is our team that makes PoloWorks.

Key Responsibilities

Review and prepare Proportional Premium and Claim settlements.

Review and analyse movements in ITD Technical data. Calculate and prepare Proportional and Non-Proportional Reinsurance Recoveries.

Update the cumulative financials at Collection, Contract and Claims Level.

Monitoring of Collateral and outstanding balances.

Reconciliation and Project work.

Client Reporting and attendance at meetings.

Experience & Skills

An enthusiasm for problem solving.

Excellent written and oral communication skills with the ability to communicate effectively at all levels.

A background in data analysis and competent interpretation skills would be an advantage.

Strong attention to detail when handling large and sophisticated datasets.

Intermediate / Advanced Excel skills.

A good understanding of the London Market, principles and practices would be helpful

Demonstrates behaviours aligned to the PoloWorks PRIDE values:

  • Pioneering – we don’t stand still
  • Responsible – We do the right thing
  • Inclusive – we all play a role
  • Delivery Focussed- we provide services we are proud of
  • Empowering – we equip people to be their best

What you’ll get in return

As well as a competitive salary, discretionary annual bonus, and 25 days of annual leave (with the option to buy more), you will also get an excellent benefits package, including flexible, hybrid working, private health insurance, life assurance, income protection, enhanced pension contributions, and occupational maternity and paternity pay.

You will also have access to company volunteering days, an employee assistance programme with retail discounts and savings, a generous employee referral scheme, regular sports and social events, and free Cheltenham bus travel.

Who are PoloWorks?

PoloWorks is the leading provider of UK-based support services to the insurance market. We have built a strong reputation as dedicated and dependable experts in our field. We pride ourselves on our ability to be flexible, responsive, and knowledgeable.

As a leading service support company and turnkey managing agency, our clients choose us because our staff not only have the expertise but also a profound affinity with their business challenges. Our mission is to support, inspire, and develop the insurers of today and tomorrow.

Our clients, whether digital start-ups or well-established organisations, rely on the PoloWorks team to develop and strengthen their businesses. Our clients' goals are our goals. As such we design and deliver bespoke solutions to their specific business challenges.

With offices in London and Cheltenham, PoloWorks has ambitious growth plans, offering exciting opportunities for anyone joining us on the next phase of our journey

It's our mission to unleash the potential in every team, and we know that teams perform best when they are diverse and every team member feels that they belong. It is the unique contributions of all PoloWorks colleagues that drive our success, and we are committed to building an inclusive culture where everyone is empowered to do meaningful work and are recognised for their efforts. To that end, we are committed to providing an environment free of discrimination for everyone.

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