Stephen Loftus Morden, Surrey
About Me
Reinsurance Technician, Outward R/I, Proportional Treaty, XL, Excess of Loss, Claims, XLRI, XIS, Xchanging, LORS, ACII, Cert CII, LIT, LLMIT, Subscribe, Microsoft Office, Excel, Aviation, Marine, Non-marine, Property, Hull, Liability, Motor, Asbestos, ARCF, Recoveries, Runoff, Lloyds Lloyd's, Broker, Insurance/ Reinsurance Company
My Qualifications
Year(s)
-
Subject(s)
O Level
My Experience
Company Name
Lloyds
Position Held
broker
Dates
0000 - Present
Details
JLT Re Lloyds broker 14/10/2013 to 31/12/2014 Non-marine, Marine, Aviation Reinsurance Technician - Contract Checked clients proportional treaties and processed them on in-house BFE system and JLTs Fusion policy administration system Managed own portfolio of treaties/Corresponding with clients Liaised with technical processing and accounts colleagues in India LORS submissions via the Insurance Portal Submitted Treaty Statement LPANs and bordereaux to Xchanging via IMR Insurance Market Repository , LPSO and LIRMA Monitored financial settlements on IBA system for credit control Maintained computer and paper records, updating statistics
Company Name
Lloyds
Position Held
broker
Dates
0000 - Present
Details
RFIB Lloyds broker 21/01/2013 to 23/07/2013 Specialty, Non-marine, Aviation, Motor Technician - Contract Checked clients proportional treaties, premiums and APs and processed to reinsurer market on Brokasure policy administration system LORS submissions via the Insurance Portal Submitted Treaty Statement LPANs to Xchanging via IMR Insurance Market Repository Chased clients for monthly/quarterly accounts and adjustments using the diary system Maintained computer and paper records, updating statistics
Company Name
MEDRE - The Mediterranean Ins. and Reins. Company Ltd
Dates
0000 - Present
Details
MEDRE - The Mediterranean Ins. and Reins. Company Ltd. 05/2007 to 17/12/2012 Marine, Non-Marine, Engineering and Motor Reinsurance Technician - Permanent Set up new offers and endorsements on the Subscribe policy administration system Sent underwriting response e-mails on behalf of the underwriter - acceptance/declinature, et cetera Maintained close liaison with our Tunisian office technicians and London underwriter in the underwriting workflow Issued confirmations and reminders to brokers and direct cedants Made policies Live on the system and applied outward retrocession to accepted risks Checked cover notes and wordings, implemented slip, cover note, wording and amendment signing procedure Processed proportional and XL treaties Processed facultative premiums and claims Maintained premium reserve and loss reserve spreadsheets and statistics Monitored the Underwriting mail box for new offers Logged and scanned inward post Resolved processing queries and liaised with the Accounts Department Regularly archived paper records
Position Held
Technician
Dates
0000 - Present
Details
Lambourn/CMGL contracted out to Aspen-Re Reinsurance Technician - Permanent - 19/06/2006 to 22/12/2006 UK Property Validated all policy records in Aspen-Res data migration from Guss to Subscribe within a small team in fixed term project. Entries on a master spreadsheet were checked back to slips for accurateness Calculated insurance premium tax for Aspens first Premium Tax declaration validated financial data on hundreds of policies and performed system checks Assisted the Accounts Department with ad hoc credit control tasks
Company Name
Xchanging
Position Held
Consultant
Dates
0000 - Present
Details
Xchanging Consultant - 22/02/2006 to 17/03/2006 Data migration project Marine and Non-Marine Accurately entered policy data and coded paid and outstanding claims for Arch Insurances data migration from RiskWrite to Iris to meet the tight deadline
Position Held
Technician
Dates
0000 - Present
Details
Equitas Lloyds Syndicates in run-off - Synd 53 , Synd 206 , Synd 367 and others Reinsurance Technician - Permanent - 01/03/2001 - 05/12/2005 North America, UK, worldwide - all non-life classes Billed $26m losses outward reinsurance for Equitas and advised over $175m to reinsurers with ARCF Asbestos Reinsurance Claim Form documentation, maintaining accurate net reserve information at contract level Monitored inward paid claims for XL reinsurance recoveries and outstanding losses for cover remaining on outward reinsurance recoveries Reported syndicates reinsurance asset and net reserves showing true Asbestos, Pollution and Health Hazard breakdown with Non-APH. Reconstructed and validated contract cover histories from syndicate and broker files extracting information from manual records to Excel spreadsheets in support of the accounts ledger Resolved technical queries with brokers to enable cash settlements and provided documentation to facilitate commutations Researched archives for outward reinsurance policies and entered newly-coded underwriting security and pool participants into new Max system
Company Name
Atmos
Position Held
Assistant
Dates
0000 - Present
Details
Cuthbert Heath, Whittington Syndicate Services, Omni Whittington/ Aviation Syndicate Atmos 581 and Syndicate 942 Claims Assistant - Permanent - 1993 to 2001 Aviation and Space Produced and issued outward proportional treaty statements and calculated Excess of Loss claims and advices Produced and issued quarterly outward reinsurance treaty statements General Aviation Reinsurance Contract with full APH breakdown Checked every inward claim for facultative and treaty reinsurance recoveries and monitored Non-APH and Asbestos, Pollution and Health Hazard losses for outwards reinsurance breakdown and reporting Reported the syndicates reinsurance net reserves Maintained both computer and manual records of inward and outward reinsurance for several syndicates Transcribed handwritten claims settlements from books into spreadsheets
Position Held
Technician
Dates
0000 - Present
Details
Nicholson Stewart-Brown/Nicholson Chamberlain and Colls Premium Technician - Permanent - 1989 to 1992 Aviation and Aerospace Processed proportional treaties Prepared aviation Excess of Loss slips and cover notes Compiled wordings and delivered approved copies to syndicates at box Monitored the progress of agreement to wordings Processed Excess of Loss premiums and adjustments Gave backup assistance to placing brokers
Position Held
Insurance Clerk
Dates
0000 - Present
Details
AHRB - Alexander Howden Reinsurance Brokers Insurance Clerk - Permanent - 1978 to 1989
Company Name
North American
Dates
0000 - Present
Details
Marine 1978 to 1984 Processed quarterly treaty proportional treaty technical accounts from London, North American and International markets Compiled premium and claims statistics to support brokers for renewals Updated computer records for renewals and treaty processing Submitted closings to LPSO, ILU, PSAC, LIRMA bureaux, London market and overseas companies Recent system skills Microsoft Excel, Outlook, Word LORS, IMR ROOM/NIIT Subscribe S2000 Brokasure
My Skills
I am eligible to live and work in United Kingdom
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