Position |
Reinsurance Technician |
Sector |
Reinsurance Technical |
Location |
City of London, City |
Type |
Permanent |
Salary |
£40K - £70K / Annum |
Reference |
JO0000008702 |
Summary |
REINSURANCE TECHNICIAN CITY / HOME TO £70,000
Leading international Reinsurer seeking a Reinsurance Technician to join a dedicated team responsible for transactional processing.
About the role
During key new business and renewal periods your critical role and focus will be:
* The accurate and timely entry of underwriting data (reinsurance contract language / terms and conditions) into the appropriate systems ensuring administration and sign off is completed within necessary time frames.
* Chasing up accounts / tracking premiums.
* Tracking exposures on emerging issues and claims.
* Assisting in quarterly reporting requirements for business monitoring and exposure management (to include target risks tracking, EDA management, PIM related reporting, class quarterly reviews).
* Assisting in the underwriting audit process.
* Providing assistance in the underwriting process for new and renewal treaty and facultative business.
Outside of key underwriting periods your role will expand to include:
* Contributing to on-going projects across this business (Finance, Claims, Actuarial, Underwriting, IT). This will be driven by specific business needs and could take the form of local project work, short-term secondments to other teams or wider involvement in global projects.
* Involvement in the development and roll-out of our new underwriting data recording system, as well as associated digitisation and modernisation projects.
At all times you will have responsibility for:
* Promoting, building, and maintaining collaborative working relationships internally with our underwriting teams and across the business, and externally with brokers, clients and other market contacts.
* Actively participating in team meetings and activities to share opinions, ideas, knowledge and solutions.
Skills & Experience Required:
* Significant Reinsurance experience within a technical capacity
* Experience of London Market procedures/ platforms
* Aware of the control and compliance processes that operate around an underwriting function
* .
MW Appointments is acting as an Employment Agency in relation to this vacancy. |
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