At a Glance
- Tasks: Assist with reinsurance administration, contract booking, and claims recoveries.
- Company: Join Talbot and AIG, leaders in risk management innovation.
- Benefits: Comprehensive benefits package focused on health, wellbeing, and professional development.
- Other info: Dynamic work environment with opportunities for career advancement.
- Why this job: Be part of a transformative team and grow your skills in reinsurance.
- Qualifications: General reinsurance knowledge and IT skills in Excel, Word, and PowerPoint.
The predicted salary is between 30000 - 40000 € per year.
Talbot and AIG are reimagining the way we help customers manage risk. Join us as a Reinsurance Technician to play your part in that transformation. It is 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.
- Purchase input of new facultative and treaty contracts/endorsements onto the systems, ensuring key details are recorded accurately and in a timely manner.
- Input premium advice notes and ensure premium has been paid.
- Assist with daily SCM/USM messages including Syndicate Event Coding.
- Assist with month/quarter end process; include prompt advising of recoveries to brokers including claims data supplements/adjuster reports.
- Assist with group reporting on shared RI contracts.
- Monitor and assist with credit control of claims & premiums via LORS including non‑cash LORS.
- Assist with reinsurer queries and ensure requests are dealt with efficiently to ensure prompt settlement.
Governance and Compliance:
- Assist with ad hoc reporting and returns and produce net data for the business.
- Assist with meeting all SOX/Compliance/Audit requirements at all times.
- To have an awareness and understanding of risks within Talbot's Risk and 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 settlements.
- Assisting with Facultative Claims recoveries.
- General Reinsurance knowledge.
- General Reinsurance Processing experience.
- IT skills – Microsoft Excel, Word, PowerPoint.
- Good analytical skills, presentation skills.
- A team player who is also able to work as an individual, comfortable dealing with other individuals and teams both internally and externally.
Benefits:
Take care of what matters – AIG’s Total Rewards Program is a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security – as well as your professional development to bring peace of mind to you and your family.
Reinsurance Technician in City of Westminster employer: American International Group, Inc.
At Talbot and AIG, we pride ourselves on being an exceptional employer that fosters a collaborative and innovative work culture. As a Reinsurance Technician, you will benefit from our comprehensive Total Rewards Program, which prioritises your health, wellbeing, and professional growth, ensuring you thrive both personally and professionally in a supportive environment. Join us in London, where you can develop your skills while contributing to meaningful projects that redefine risk management.
Contact Detail:
American International Group, Inc. Recruiting Team
StudySmarter Expert Advice🤫
We think this is how you could land Reinsurance Technician in City of Westminster
✨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, as these are key areas for the role.
✨Tip Number 3
Show off your analytical skills! Bring examples of how you've used data to solve problems or improve processes in past roles. This will really impress potential employers.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take that extra step.
We think you need these skills to ace Reinsurance Technician in City of Westminster
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 IT skills or 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 makes you a great fit for the team at Talbot and AIG. Don’t forget to mention your understanding of risk management!
Showcase Your Team Spirit:We love team players! In your application, share examples of how you've successfully collaborated with others in previous roles. This will show us that you can work well both independently and as part of a team.
Apply Through Our Website:To make sure your application gets the attention it deserves, apply directly through our website. It’s the best way for us to receive your details and keep track of your application!
How to prepare for a job interview at American International Group, Inc.
✨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 premium advice notes. This will show that you're not just interested in the role but also have a solid foundation to build upon.
✨Showcase Your IT Skills
Since the job requires proficiency in Microsoft Excel, Word, and PowerPoint, be prepared to discuss your experience with these tools. Maybe even bring examples of reports or presentations you've created. This will demonstrate your capability to handle the technical aspects of the role.
✨Highlight Your Analytical Abilities
The role involves a lot of data handling and reporting, so be ready to talk about your analytical skills. Share specific examples of how you've used data to make decisions or improve processes in previous roles. This will help the interviewers see you as someone who can contribute to their governance and compliance needs.
✨Emphasise Teamwork and Communication
As a Reinsurance Technician, you'll need to work closely with various teams and external partners. Be prepared to discuss your experiences working in teams and how you handle communication with different stakeholders. This will show that you're a team player who can also work independently when needed.
