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Outward Reinsurance Technician

Job Specification

Insurance
London, Hybrid home working

Overview

We are currently on the lookout for a Reinsurance Technician for a leading London Market Insurer.

To be successful in this role, you will need to have an in-depth knowledge of the London Insurance Market, as well as technical outward reinsurance knowledge. In addition, you must have a solid understanding of the principles of Reinsurance, as well as the ability to interpret and apply reinsurance contracts.

The successful candidate will be responsible for:

  • Implementing procedures for accurately calculating the reinsurance asset
  • Issuance of reinsurance recoveries
  • Calculation of reinsurance recoveries as required
  • Assess the viability of releasing individual reinsurance recoveries
  • Preparation of reinsurance billings and loss advices
  • Record & answer technical queries raised
  • Assist with credit control to ensure timely collection of outstanding balances
  • Assist with and handle commutations as required, to ensure realistic values for the commutation of the company’s gross liabilities and ceded assets are achieved
  • Complete and report on projects as allocated
  • Ensure effective and timely reporting as required

You must have excellent communication skills in order to effectively liaise with various stakeholders, as well as strong problem-solving skills in order to troubleshoot any potential issues that arise. It’s essential that you have the ability to work well under pressure as you will be expected to meet SLAs and maintain accuracy.

In return, you will be offered a competitive salary and the chance to join an ever expanding business with exceptional career opportunities and avenues. You will also be working amongst a diverse and wide business who value company culture.

Salary £55,000 - £65,000

+ Competitive Bonus and Benefits

Speak to one of our consultants 0203 764 2350




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