Reinsurance Client Support Specialist (Treaty Technician)

2 Months ago • All levels • Customer Service

Job Summary

Job Description

The Reinsurance Client Support Specialist will join the Transactional Services Team in Singapore, focusing on technical treaty matters. Responsibilities include entering contractual information, reviewing technical statements, addressing client and reinsurer queries, and resolving accounting and claims issues. The role involves ensuring compliance with professional standards, preparing presentation materials, and managing fund settlements. The specialist will also develop complex information for RFPs, implement audit processes, collaborate with peers, and provide training and guidance. This position requires effective task management, adherence to SLAs, and driving business growth through process improvement. The role requires working at least three days a week in the office.
Must have:
  • Experience in processing Treaty technical accounts/claims.
  • Experience in the Reinsurance industry, ideally Treaty Reinsurance.
  • Excellent verbal and written communication skills.
  • Good Microsoft suite skills.
Good to have:
  • Curiosity to learn.
  • Possess a positive attitude.
  • Adaptability to thrive in complex environments.

Job Details

Company:

Guy Carpenter

Description:

We are seeking a talented individual to join our Transactional Services Team at Guy Carpenter. This role will be based in Singapore. This is a hybrid role that has a requirement of working at least three days a week in the office.

What is in it for you?

  • Be part of a reputable and recognized brand in the reinsurance industry by working with and learning from industry leading experts in the field.

  • Unprecedented opportunity to meaningfully impact our clients and make a difference.

  • Purpose-driven work where we partner with client organizations as their strategic advisor to help them meet the challenges of our time.

  • World-class development opportunities to achieve your full potential.

  • An inclusive work environment where diversity of skill, thought and insight fuels long-term growth.

  • Great team environment with energetic and supportive colleagues.

  • Access to Employee Resource Groups that provide mentorship and development opportunities.

We will count on you to be responsible for technical treaty matters:

  • Entry of contractual information into system for premium invoicing.

  • Review technical statements of accounts & claims advices from clients; process statements and billings according to departmental procedures.

  • Attend to queries from clients, reinsurers, and related parties.

  • Assist in the resolution of technical accounting and claims issues.

  • Ensure timely responses to monthly Regional and Local Controllerships' revenue review queries and requests.

  • Ensure procedures and documentation are in compliance with Guy Carpenter Professional Standards.

  • Assess and submit client and/or reinsurer presentation materials

  • Communications to resolve difficult questions and secure reinsurer agreements and payments of claims and account balances.

  • Integrate Key Performance Indicators (KPIs) and other system tools to manage difficult transactional processes.

  • Ensure assigned tasks are managed effectively and in a timely manner aligned to Service Level Agreements (SLAs) and provide services in an efficient, effective and regulatory compliant manner.

  • Develop complex information on accounting/claims process for Request For Proposal (RFP) and sales opportunities in order to drive business growth.

  • Manage settlement of funds to and from Client in a timely manner in order to ensure all applicable contractual payment terms; warranties and/or conditions are met.

  • Implement processes to carry out reinsurance audit/reviews with clients and reinsurers and reviews open claims and/or premium activity, reconciles records in order to facilitate the review/audit process to ensure process quality.

  • Collaborate with peers on challenging reinsurance developments

  • Support and provide training, mentoring and guidance within the team and/or department for all aspects of reinsurance service processing, assist with trouble shooting and develop team resources.

  • Establish and drive relationships with Brokers, Clients and Markets to understand issues in order to resolve problems and queries and review working practices.

What you need to have:

  • Prior experience in processing Treaty technical accounts / claims in a reinsurance broking environment.

  • Prior experience in the Reinsurance industry, specific experience in Treaty Reinsurance is highly desirable.

  • Excellent verbal and written communication skills.

  • Good Microsoft suite skills.

What makes you stand out:

  • Curiosity to learn.

  • Possess a positive attitude.

  • Adaptability to thrive in complex environments.

Guy Carpenter, a business of Marsh McLennan (NYSE: MMC), is a leading global risk advisory and reinsurance specialist and broker. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit guycarp.com, or follow on LinkedIn and X.

Marsh McLennan is committed to creating a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age, background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law.

Marsh McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.

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About The Company

Marsh McLennan (NYSE: MMC) is the world's leading professional services firm in the areas of risk, strategy and people. The Company's 76,000 colleagues advise clients in over 130 countries. With annualized revenue approaching $17 billion, Marsh & McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses. Marsh advises individual and commercial clients of all sizes on insurance broking and innovative risk management solutions. Guy Carpenter develops advancedrisk,reinsurance and capital strategies that help clients grow profitably and pursue emerging opportunities. Mercer delivers advice and technology-driven solutions that help organizations meet the health, wealth and career needs of a changing workforce. Oliver Wyman serves as a critical strategic, economic and brand advisor to private sector and governmental clients.

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