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Senior Reinsurance Technician
Ref. JO0000006804

Position Senior Reinsurance Technician
Sector Reinsurance Technical
Location City of London, City
Type Permanent
Salary £45K / Annum
Reference JO0000006804
Summary Senior Reinsurance Technician



City of London

Salary to £45,000 depending on knowledge and experience



About the Company:

Respected Company who provide professional services to the Lloyds, London and International Insurance Markets



About The Role:

Looking for a Senior Reinsurance Technician to join an experienced and busy team. The successful candidate will have good outwards reinsurance technical skills from cradle to grave, from M&D premium through to claims calculations and pretty much everything in between!



Facultative, Quota Share & Excess of Loss Reinsurance



* Accurate Cover note interpretation.

* Knowledge of premium terms including calculation of adjustment premium.

* Identification of losses and or circumstances which may trigger reinsurance reporting thresholds.

* Review of losses and or circumstances against the terms and conditions of the reinsurance contract.

* Ensure compliance to any contractual reporting triggers.

* Ability to calculate reinsurance recoveries against a complex Reinsurance programme.

* Knowledge of Reinsurance credit control function

* Assist with the implementation of new Ceded Reinsurance systems through project phases.

* Peer review Ceded Reinsurance record entry into source systems.



Key Experience:



* Understanding of the full end to end Reinsurance process from Placement through to Credit Control and Reporting.

* Strong IT skills with an intermediate/advanced level of Microsoft Excel, Word and PowerPoint.

* Good communication skills, both written and verbal.

* Level of experience probably gained from around 5 years' experience within the London market

MW Appointments is acting as an Employment Agency in relation to this vacancy.
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