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Account Technician - Reinsurance

Role Summary

Avencia are working with a global Broker who are looking for an Account Technician to join the facultative and treaty team in London.

The purpose of this role is to facilitate the Production and placement of reinsurance contracts in accordance with the client's requests, in accordance with regulatory requirements.

Key Responsibilities & Accountabilities:

  • Manage placement of designated risks, including production of documentation to assist placement and maintenance throughout the risk life cycle (Underwriting Submissions, market Reform Contracts, Wordings, Endorsements)
  • Maintain and enhance knowledge of the insurance marketplace, trends and cycles in order to capitalise on market opportunities
  • Develops and manages relationships with market representatives i.e. Underwriters, other Brokers
  • Review and analyse client needs to determine appropriate product and desired terms and conditions for insurance/reinsurance coverage
  • Develop data and submission documentation for underwriters
  • Ensure that accounts are serviced efficiently and professionally
  • Demonstrate excellent technical knowledge and ability to communicate this to various audiences
  • Maintain up-to-date working knowledge of regulatory requirements
  • Report breaches, errors and omissions, disputes and complaints
  • Adhere to company and regulatory policies, procedures together with mandatory training requirements

Functional & Behavioural Competencies required:

  1. Previous client management experience within either a broking house or insurer is essential
  2. Demonstrable knowledge of the Treaty or Facultative market
  3. Experience with global programmes is preferred

What's in it for me?

This role offers a competitive salary and bonus, 27 days holiday, plus access to our personalised benefits platform, Your Rewards, including:

  • comprehensive private medical cover for you and your dependents
  • complimentary annual health checks
  • access to a virtual 24hr GP
  • critical illness cover
  • gym subsidy & dedicated wellbeing support
  • retail discounts
  • opportunity to purchase equity
  • defined contribution pension

Account Technician - Reinsurance

London, UK
Full time
General Insurance

Published on 7 Feb 2024

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