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Reinsurance Technician

Job Specification

London, Hybrid home working


Pavilion are proud to work with one of the London Market leading legacy insurance businesses. They have built a reputation as the best in class run off specialists and through their continued growth are looking for a Reinsurance Technician to join their collaborative Reinsurance Team.

The ideal candidate will hold an understanding of the operation of international insurance markets with particular regard to run-off and reinsurance. They will also be able to demonstrate knowledge of calculations of reinsurance recoveries and it’s desired that they hold a minimum of 2 years’ experience.

This is a great opportunity to join a reputable business with amazing career development and progression opportunities.

Role & Responsibilities:

  • Collection of reinsurance asset through accurate calculation and issuance of recoveries, commutations and liquidation management techniques
  • Implement procedures for accurately calculating the reinsurance asset and 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 as required
  • Record and answer technical queries raised by reinsurers and/or brokers
  • Assist with credit control to ensure timely collection of outstanding balances
  • Assist with and handle commutations as required
  • Complete and report on projects as allocated
  • Ensure effective and timely reporting as required
Salary £40,000 - £50,000

+ Competitive Bonus and Benefits

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