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Reinsurance Technician

Working for a leading global reinsurance company, you will be responsible for providing operational support to the Ceded Reinsurance function in ensuring all post-placement activities are conducted promptly and accurately.

Key Responsibilities

  • Oversee and manage all proportional reinsurance contracts
  • Assist with facultative recovery procedure
  • Entering and updating contract details in subscribe and senator
  • Calculating and generating profit commission statements
  • Identifying and accounting for recoverable claims
  • Issuing large special settlement requests
  • Liaising with Underwriters, reserving, finance and claims departments
  • Advising and liaising with Brokers and reinsurers
  • Calculating and monitoring aged debt
  • LORS and USM processing
  • Represent department in internal and external meetings
  • Responsible for special projects as requested by the RI Operations Manager
  • Involvement in new system implementation if appropriate

Skills, Knowledge & Abilities

  • Understanding of Lloyd's and London market
  • Experience of working for a Lloyd's Syndicate and/or company market
  • Experience and thorough understanding of ceded reinsurance
  • Ability to communicate effectively
  • Ability and confidence to build internal/external relationships
  • Good working knowledge of Microsoft Office software
  • Good working knowledge of subscribe, senator an advantage

Visit the IDEX Consulting Ltd website for further opportunities. We value diversity and always provide guidance based on merit. Please note that the information supplied may be retained for up to 3 years for use in connection with future vacancies. For full information on how we use your data, please visit the IDEX Consulting website and view our Privacy Policy.

Reinsurance Technician

London, UK
Full time
Reinsurance
36208_1633420400

Published on 10/11/2021

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