Reinsurance Technician

Location London
Discipline: Claims
Job type: Permanent
Contact email: joshua@weareedenbrook.com
Job ref: J3612
Published: over 2 years ago
Reinsurance Technician London – Flexible hybrid working Up to £34,250 Reporting to the Reinsurance Manager, a leading Reinsurance Group are seeking a Reinsurance Technician to work closely with the Claims and Underwriting teams to tackle Syndicate’s reinsurance claims recoveries and premium payments, maintaining strong Broker relationships to respond to Reinsurers’ queries in a timely and efficient fashion. Key Responsibilities & Accountabilities: • Deal with all aspects of reinsurance purchased by the Syndicate • Assist with the quarterly Reinsurance close as per Syndicate’s Procedures Manual (Lloyd’s & Group) • Ensure all relevant regulatory requirements (Lloyd’s and FCA/PRA) are met • Attend RI/ Claims/ Underwriting and broker meetings/discussions as required • Collate recovery statistics where requested • Assist with the calculation and advice of premium adjustments as required • Keep written records of all substantive conversations with brokers etc.; both internal and external • Assist in the development of junior colleagues • Collate information for insurers’ and internal audits • Assist with Reinsurance credit control in regard to Claim Recoveries • Understand all appropriate lines of escalation and the responsibilities of the Product Conduct Risk Strategy Group (PCRSG), Underwriting & Claims Sub Committee (UCSC), ExCo and Board for Conduct Risk You will need to be able to display you have the following qualifications and experience: • 3 years+ relevant London Market Reinsurance experience (both proportional and non-proportional treaty – claims and premiums) • A good level of data analytics for internal and external reporting • Ability to efficiently train more junior members of the team with respect to the basic aspects of the RI processing • GCSE’s Maths/ English at high standard / A Levels preferred but not required • Working towards CII • MS Skills: Word (Intermediate), Excel (Intermediate to Advanced), Outlook, PowerPoint (Intermediate)