Reinsurance Technician

Posted on Dec 12, 2018 by Red 10

London, London United Kingdom
Accountancy
Immediate Start
£40k - £46k Annual
Full-Time

Reinsurance Technician - Insurance/Reinsurance/London Markets/General Insurance

The Opportunity:

To calculate, issue and monitor Reinsurance recoveries for a large insurer's portfolios. To maintain associated records on in-house Reinsurance System.

Your responsibilities for this role may include, but are not limited to:

  • Working with a team of Reinsurance Technicians based in our London office to analyse inwards claim details, identify, calculate, issue and monitor Facultative reinsurance recoveries.
  • Provide reinsurance details on large claim movements within strict deadlines.
  • Gain proficiency on usage of in-house reinsurance system, review contract entry and recovery details ensuring details are accurately captured and produce associated management information for a variety of customers.
  • Build and maintain strong relationships with Brokers and Claims Adjusters to ensure any Reinsurer queries are responded to in a timely manner.
  • Compliance with departmental month/quarter end deadline requirements.
  • Ongoing maintenance of process documents ensuring that they remain relevant and accurate.

You will need to be able to display you have the following qualifications and experience:

  • Market experience, ideally in Facultative reinsurance.
  • Strong analytical and numerical ability, in order to interrogate large data sets
  • Excellent written and verbal communication skills, and the ability to explain technical concepts clearly
  • Intermediate/Advanced Excel skills
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Reference: 598081879

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