At a Glance
- Tasks: Assist with reinsurance functions, contract management, and claims reporting.
- Company: Join Talbot and AIG, leaders in risk management innovation.
- Benefits: Comprehensive health benefits, financial security, and professional development opportunities.
- Other info: Inclusive workplace committed to equal opportunity and support for all.
- Why this job: Be part of a transformative team and grow your skills in reinsurance.
- Qualifications: Reinsurance knowledge, Microsoft Office proficiency, and strong analytical skills.
The predicted salary is between 30000 - 40000 £ per year.
At Talbot and AIG, we are reimagining the way we help customers manage risk. Join us as a Reinsurance Technician to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team.
How You Will Create An Impact
- Assist with the administration of all reinsurance post‑placement functions including contract booking, claims recoveries, credit control and reporting.
- Input new facultative and treaty contracts/endorsements into the systems, ensuring key details are recorded accurately and on time.
- Input premium advice notes and confirm premium payment.
- Assist with daily SCM/USM messages including Syndicate Event Coding.
- Assist with month/quarter end processes, promptly advising brokers of recoveries, and providing claims data supplements and adjuster reports.
- Assist with group reporting on shared RI contracts.
- Monitor and assist with credit control of claims and premiums via LORS, including non‑cash LORS.
- Assist with reinsurer queries, ensuring requests are dealt with efficiently for prompt settlement.
- Assist with ad‑hoc reporting and returns, producing net data for the business.
- Ensure compliance with SOX, other compliance and audit requirements at all times and maintain awareness of Talbot’s Risk & Controls Framework applicable to the Reinsurance department.
What You’ll Need To Succeed
- Production of all proportional treaty bordereaux for claims and premium, ensuring prompt notification and settlement.
- Assist with facultative claims recoveries.
- General reinsurance knowledge.
- General reinsurance processing experience.
- Proficiency in Microsoft Excel, Word and PowerPoint.
- Good analytical and presentation skills.
- Ability to work effectively as a team player and independently, dealing comfortably with individuals and teams both internally and externally.
Enjoy Benefits That Take Care Of What Matters
At AIG, we provide a Total Rewards Program that offers benefits focused on health, well‑being, financial security and professional development. AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected category. AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities. If you believe you need a reasonable accommodation, please send an email to.
Reinsurance Technician in London employer: AIG
At Talbot and AIG, we pride ourselves on fostering a dynamic work environment that encourages professional growth and collaboration. As a Reinsurance Technician, you will benefit from our comprehensive Total Rewards Program, which prioritises your health, well-being, and career development. Join us in London, where you will be part of a forward-thinking team dedicated to transforming risk management while enjoying a culture that values diversity and inclusion.
StudySmarter Expert Advice🤫
We think this is how you could land Reinsurance Technician in London
✨Tip Number 1
Network like a pro! Reach out to people in the reinsurance industry on LinkedIn or at events. A friendly chat can open doors that a CV just can't.
✨Tip Number 2
Prepare for interviews by brushing up on your reinsurance knowledge. Be ready to discuss how you can assist with contract booking and claims recoveries, showing you know your stuff!
✨Tip Number 3
Show off your Excel skills! If you get a chance, demonstrate your proficiency during interviews or assessments. It’s a key part of the role, so let’s make sure they see you shine!
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are keen to join us directly.
We think you need these skills to ace Reinsurance Technician in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Reinsurance Technician role. Highlight your relevant experience in reinsurance processing and any specific skills that match the job description, like your proficiency in Excel and analytical abilities.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your background aligns with Talbot and AIG's mission to manage risk. Keep it concise but impactful!
Showcase Your Team Spirit:Since teamwork is key in this role, make sure to mention any experiences where you've successfully collaborated with others. Whether it's in previous jobs or projects, we want to see how you work well with both internal teams and external partners.
Apply Through Our Website:Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at Talbot and AIG!
How to prepare for a job interview at AIG
✨Know Your Reinsurance Basics
Before the interview, brush up on your general reinsurance knowledge. Understand key terms and processes like facultative and treaty contracts, claims recoveries, and credit control. This will show that you're not just interested in the role but also have a solid foundation to build upon.
✨Showcase Your Excel Skills
Since proficiency in Microsoft Excel is crucial for this role, be prepared to discuss your experience with it. Bring examples of how you've used Excel for data analysis or reporting in previous roles. If possible, practice some common functions or formulas that might come up during the discussion.
✨Demonstrate Teamwork and Independence
The job requires both teamwork and the ability to work independently. Think of specific examples from your past experiences where you successfully collaborated with others and instances where you took initiative on your own. This will help illustrate your versatility as a candidate.
✨Prepare Questions About Compliance
Since compliance with SOX and other audit requirements is a key part of the role, prepare thoughtful questions about how the company ensures compliance within the Reinsurance department. This shows your understanding of the importance of these regulations and your proactive approach to the role.
