Reinsurance Technician - Outwards
Posted on Jun 11, 2019 by CV-Library
Reporting to Senior Reinsurance Technician
25-30k base salary
Are you a team player? At Hiscox we all pull together to meet challenging deadlines across a diverse range of tasks to produce excellent results. We are hardworking, detail orientated and we thrive under pressure. If this sounds like you and you’re looking to work within a friendly and affable team based in Colchester then read on.
As a Reinsurance Technician you will work as part of a ‘close knit’ and very welcoming team of eight, working on Outwards Reinsurance processes/recoveries/accruals for the Hiscox group. We are based in Colchester and we liaise with Reinsurance Purchase, Underwriters, MI, Claims and other internal teams, along with external brokers.
The work we do is very diverse as we deal with Reinsurance across the whole Hiscox Group. Our goal is to continue to meet all Quarter End deadlines and collect Reinsurance Recoveries as soon as possible. We aim to keep everyone happy, as well as ourselves!
Principal Duties and Responsibilities
Group RI calculations – facultative, excess of loss and Pro Rata
Advice / collecting notes sent to Brokers
Cover note processing and premium payment
Reporting – internal and external
Assist with system developments
Ideally 3 years (or thereabouts) experience in Outwards Reinsurance although those with less years but the right level of knowledge will naturally be considered
Ability to manage own workloads.
Good IT skills, including Excel.
Nice to have
Experience of dealing with all types of Reinsurance
Diversity and flexible working at Hiscox
At Hiscox we care about our people. We hire the best people for the job and we’re committed to diversity and creating a truly inclusive culture, which we believe drives success. We also understand that working life doesn’t always have to be ‘nine to five’ and we support flexible working wherever we can. No promises, but please chat to our resourcing team about the flexibility we could offer for this role
£800 - £1k Weekly
£10 - £11 Hourly
£34k - £35k Annual