At a Glance
- Tasks: Assist with reinsurance administration, claims recoveries, and compliance reporting.
- Company: Join AIG's Talbot, a leader in innovative insurance solutions.
- Benefits: Comprehensive benefits package focusing on health, wellbeing, and professional development.
- Other info: Inclusive culture with opportunities for continuous learning and career growth.
- Why this job: Make a real impact in the insurance industry while growing your skills.
- Qualifications: Reinsurance knowledge, analytical skills, and proficiency in Microsoft Office.
The predicted salary is between 35000 - 45000 € per year.
At Talbot and AIG, we are reimagining the way we help customers to 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.
Make your mark in Reinsurance
Talbot operates within the Lloyd's Insurance Market through Syndicate 1183 and Syndicate 2019. With an expert team of highly skilled and experienced underwriters and a balanced, geographically diverse portfolio of business, Talbot has earned a reputation as an industry leading insurance specialist. Talbot writes a diversified portfolio including Crisis Management, Energy, Financial Lines, Marine, Political Risk, Property and Terrorism. Drawing on our deep industry expertise, Talbot develops tailored insurance solutions that address clients' evolving and often unique needs. Syndicate 2019 provides Lloyd’s investors with access to AIG’s Private Client Select (PCS) portfolio. Part of AIG since 2018, Talbot is committed to working with brokers and clients to deliver industry leading solutions. It is headquartered in London with offices in New York and Singapore.
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:
- Purchasing
- Input of new facultative and treaty contracts/endorsements on to the systems. Ensure key details are recorded accurately and in a timely manner.
- Input premium advice notes and ensure premium has been paid.
- Claims
- Assist with daily SCM/USM messages including Syndicate Event Coding.
- Assist with the month/quarter end process; including 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 adhoc 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.
- 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 – most importantly 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.
What you’ll need to succeed
At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike.
Enjoy benefits that take care of what matters
At AIG, our people are our greatest asset. We know how important it is to protect and invest in what’s most important to you. That is why we created our Total Rewards Program, 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.
Reimagining insurance to make a bigger difference to the world
American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world’s most far-reaching property casualty networks. It is an exciting time to join us — across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.
Welcome to a culture of inclusion
We’re committed to creating a culture that truly respects and celebrates each other’s talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The talent of our people is one of AIG’s greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.
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 categories. 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 candidatecare@aig.com.
Reinsurance Technician employer: American International Group
At AIG, we pride ourselves on being an exceptional employer, offering a dynamic work environment in the heart of London where collaboration and innovation thrive. Our Total Rewards Program ensures that our employees' health, wellbeing, and professional development are prioritised, while our commitment to inclusion fosters a culture where every individual is valued. Join us as a Reinsurance Technician and take advantage of unparalleled growth opportunities within a globally recognised leader in insurance solutions.
Contact Detail:
American International Group Recruiting Team
StudySmarter Expert Advice🤫
We think this is how you could land Reinsurance Technician
✨Tip Number 1
Network like a pro! Reach out to people in the reinsurance industry, especially those at Talbot and AIG. Attend industry events or webinars, and don’t be shy about asking for informational interviews. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by brushing up on your reinsurance knowledge. Familiarise yourself with key terms and concepts, and think about how your skills can contribute to the team. Practice common interview questions and have your own ready to show your interest!
✨Tip Number 3
Showcase your analytical skills! During interviews, be ready to discuss specific examples of how you've used data to solve problems or improve processes. This will demonstrate your value as a Reinsurance Technician and set you apart from other candidates.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining the team at Talbot and AIG. Good luck!
We think you need these skills to ace Reinsurance Technician
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Reinsurance Technician role. Highlight relevant experience and skills that match the job description, like your knowledge of reinsurance processing and analytical skills.
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 Talbot and AIG. Keep it concise but impactful!
Showcase Your IT Skills:Since the role requires proficiency in Microsoft Excel, Word, and PowerPoint, make sure to mention any specific projects or experiences where you've used these tools effectively. We love tech-savvy candidates!
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining our team at Talbot and AIG.
How to prepare for a job interview at American International Group
✨Know Your Reinsurance Basics
Before heading into 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 Analytical Skills
Since the role requires good analytical skills, prepare to discuss examples from your past experiences where you've successfully analysed data or solved problems. Bring along any relevant reports or presentations you've created to demonstrate your capabilities.
✨Familiarise Yourself with Microsoft Tools
As proficiency in Microsoft Excel, Word, and PowerPoint is essential, make sure you can confidently discuss how you've used these tools in previous roles. Consider preparing a quick example of a project where you utilised these applications effectively.
✨Emphasise Teamwork and Communication
This position requires collaboration with various teams and external parties. Be ready to share instances where you've worked as part of a team or communicated effectively with others. Highlight your ability to adapt and work well with different personalities.
