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Vacancy search results

Life Ceded Reinsurance - Senior Consultant

  • Location: City of London
  • Category: Reinsurance Technical
  • Salary: 60K - 130K / Annum
  • Reference: JO0000008298

Senior Consultant - Life Ceded Reinsurance - Fixed Term Contract - City of London & WFH flexibility - Salary is open, depending on level of expertise

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Snr Reinsurance Technical Account Manager

  • Location: City of London
  • Category: Reinsurance Technical
  • Salary: 35K - 75K / Annum
  • Reference: JO0000008275

REINSURANCE TECHNICAL ACCOUNT MANAGER Salary to 75,000 City based with hybrid working from home. Leading Lloyds Broker is seeking an experienced Reinsurance Technician , to work with Sales & Broking, providing technical input and support to the placing process, and to work on allocated tasks and projects as directed by management in order to facilitate the business operations. Understand the workings of the company and each of its functions, as well as the market that the business operates in. Main Responsibilities: * To produce clear and accurate documents and wordings for clients which provide the best possible cover in the market and adhere to all regulatory requirements. * Use appropriate class of business knowledge to produce contract documents and documents suited to the client’s needs. * Check and recommend amendments to policies/contract documents produced by others prior to agreement by Underwriters. * Check final contract documents against slip or proposal details to ensure appropriateness of the proposed contract. * Create original and complex contract documents and maintain database of contract documents and policy information. * Provide expert advice on contract documents within specified classes of business. * Resolve Underwriter’s queries in a timely manner. * Maintain up-to-date and orderly electronic & paper files. * Utilise in-house, Lloyd’s and Company market systems and databases including Lloyd’s Crystal, Lloyd’s Wording Repository,computer systems, * Support Technical Processing and IBA Accounts teams in credit control monitoring and the resolving of accounting queries. * Provide and gather information to and from Underwriters, Brokers, Technical Colleagues and Business Producers as required. * Manage and undertake assigned project work to time scales as directed. * Evaluate workflow system and policy status and report on regular basis. * Provide pro-active service to expedite the production of technical documentation, liaising between all parties and actively chasing information. * Deal with all client queries in a timely and professional manner. * Extensive technical reinsurance experience (min. 5 years +) * A desire to progress within Insurance and/or a track record of working towards professional qualifications. * Organised and reliable. * Collaborative team working approach. * Ability to work with employees at all organisational levels. * Accurate and attentive to detail. * Good written and verbal skills. * Ability to manage and mentor technical colleagues * Proficiency in MS Outlook (email). Intermediary level proficiency in MS Office (Word, Excel and PowerPoint) Ref 8275

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Senior Reinsurance Technician

  • Location: City of London
  • Category: Reinsurance Technical
  • Salary: 50K - 70K / Annum
  • Reference: JO0000008256

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Senior Reinsurance Technician

  • Location: Witham
  • Category: Reinsurance Technical
  • Salary: 35K - 45K / Annum
  • Reference: JO0000007986

SENIOR REINSURANCE TECHNICIAN to 45,000 Essex As a Senior Reinsurance Technician you will be responsible for various activities for the most complex assigned portfolios i.e., processing of all technical transactional disciplines associated with the assigned role, i.e., Excess Of Loss, ProRata or Facultative portfolio. Duties include responsibility for assigned client accounts; including reinsurance coverage assessment, processing of premiums and/or loss transactions and associated cash follow up, application and disbursement of funds due. What you will be rewarded with? ●Good work life balance with a competitive salary. ●Comprehensive benefits programs including: excellent pension contributions, private health insurance, tuition assistance, pension, employee assistance program, career mobility, employee network groups, volunteer opportunities, and other programs. ●27 days’ holiday with the option to buy or sell up to 5 days per year. We will rely on you to: ●Management of the most complex client base which includes unique lines of business, program structures and reinsurance reporting requirements. Duties to support client base include transactional processing, follow up and securing reinsurance recoveries, collateral and timely and accurate system entry of all assigned client activity. ●Assess and submit client and/or reinsurer presentation materials and communications to resolve questions and secure reinsurer agreement and payment of claims and account balances. ●Work with Market Fiduciary to assist with collection of funds. ●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. ●Utilise Key Performance Indicators (KPIs) and other system tools to manage all brokerage receivables, funding, retention, e-trading, post booking receipt, ad hoc reporting requests, payment of funds and all management and transactional process steps to provide services in an efficient, effective and regulatory compliant manner. ●Coordinate and attend reinsurance audit/reviews with client and reinsurer. ●Review open claims and/or premium activity, reconcile records, and facilitate review/audit. ●Collaborate with peers on complex or contentious reinsurance developments. ●Support and provide training, mentoring and guidance within the team and/or department for all aspects of Reinsurance service processing. ●Ensure assigned tasks are managed effectively and in a timely manner ensuring Client measurement Service Level Agreements (SLAs) are adhered to. ●Provide input for the evolution of the operational model at all levels of the organisation. Promote new process improvement ideas leveraging technology solutions. ●Promote, build and maintain relationships with Brokers, Clients and Markets. Understand issues, resolve problems and queries and review working practices. ●Participate in team and department meetings and activities to share opinions, ideas, knowledge and solutions; maintain strong working relationships and participate in initiatives and/or contribute where required to deliver outcomes. ●Seek opportunities to increase own understanding and improve the services provided ● Perform other job related duties as assigned. What you need to have: ●Knowledge of Reinsurance concepts and principles, laws and regulatory requirements (i.e., FSA) and general business trends. ●Track record of successful Client account management, relationship management, engagement and development. ●Proficiency in Microsoft Office Applications (Word, Excel, PowerPoint) required. ●Strong verbal and writing skills for complex communications (presentations, negotiations, etc.) with clients, markets and colleagues at all levels. ●Demonstrated ability to work as part of a high performance team. Attention to detail in completing assigned tasks. ●Positive attitude, willingness to offer and execute ideas and solutions to enhance processes within a changing environment. ●Successful management of workload; able to manage expectations of all Clients and Stakeholders. ●Able to challenge appropriately, supporting business cases with facts and information. ●Understanding of project management methodology, stakeholder management, and risk mitigation. ●Able to engage, influence and negotiate with Clients, Markets and Colleagues in a professional manner. ●Consistently provide guidance by mentoring and/or training Colleagues. ● Consistently deliver superior Client service. Ref 7986

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