Senior Reinsurance Technician

At Antares, our success starts with our people. We’re a collaborative and inclusive organisation where every voice is valued, and every individual can grow and thrive. We combine deep expertise with a supportive culture to deliver outstanding results for our clients and a fulfilling experience for our colleagues. Whatever stage of your career you’ll find a place to belong, contribute, develop and we’d love to hear from you.

Key Accountabilities

• Provides support for the reinsurance purchasing process.
• Ensures reinsurance contracts are recorded in the appropriate company systems accurately, including applicable ceded financials, in a timely fashion.
• Capture and recording of key purchasing controls.
• Updating schematics and schedules.

Reinsurance Policy Administration for all reinsurance types

• Ensure all contractual conditions are met including premiums are paid and statements issued within stated timeframes.
• Capturing, calculation and recording of reinsurance amounts, whether proportional or non-proportional.
• Issuing and monitoring recoveries within reasonable timescales and meeting any loss advice obligations potentially including IBNRs for market events.
• Accurate and timely preparation of periodic accounts within contractual obligations.
• Monitoring issued premium adjustments and updating systems if necessary for reinstatement calculations.
• Review and calculations of cash losses, profit commissions and portfolio transfers.
• Applies knowledge of treaty terms and conditions to accounting transactions.
• Support the technical accounting process.

Company reinsurance amounts

• Responsible for the agreement of all company reinsurance statements and their respective amounts.
• Payments to be made within contractual obligations.

Aged debt

• Regular monitoring of aged debt across all accounts with regular chasing.
• Responding to reinsurer queries in a timely fashion with the assistance of the claims, legal and underwriting teams if required.
• Maintain the debt chasing log recording actions taken.

Erosion Analysis

• Quarterly review and action taken where necessary.
• Reinsurance returns and risk analyses.
• Assists in the production of Group regulatory returns, liaising with internal interested parties to achieve objectives and timescales.
• Produces internal and external reinsurance reports when required.
• Assists with the production of reports and analysis to the Security Committee.
• Maintenance, monitoring and support of the internal risk controls.

Projects

• Provide support, guidance and assistance for the completion of Ceded Re’s projects.
• Takes responsibility for own and colleagues’ Health & Safety at all times.
• Statutory, personal and Company Health & Safety policy regulations are adhered to.
• To ensure customers are treated fairly at all times, in accordance with the Conduct Risk Policy and other relevant policies and procedures.
• Compliance with applicable Regulatory Requirements for QIC Global policies and procedures (Lloyd’s Minimum Standards for example).
• Satisfactory performance as reflected in relevant Conduct Risk MI.
• To be aware and adhere to all obligations under GDPR, ensuring that the business complies with these requirements.
• To avoid breaches and to report them to the Data Protection Officer when they occur regardless of whether electronic or on paper.
• Adherence to QIC Global policies and procedures in relation to GDPR.
• Timely completion of ongoing training in relation to GDPR.

Education required for this role:

At Antares, we empower our talented team members through active involvement and collaboration, driving strategic and business goals whilst delivering exceptional services to our customers and partners. Our unique organisational structure fosters unparalleled sharing of information, knowledge and expertise, creating a vibrant and innovative working environment. Our culture of excellence is fuelled by continuous learning and development opportunities across all areas of our international operations. We believe in nurturing your potential and helping you grow with us.

• Empowerment: Be a part of decision-making processes that shape our future.
• Collaboration: Work with a diverse team of experts who share their knowledge and insights.
• Growth: Access to continuous learning and development programs to enhance your skills.
• Innovation: Thrive in an environment that encourages creativity and forward-thinking.

Join us and be a part of a team that values your contributions and supports your professional journey. Together, we can achieve greatness!