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For Companies At a Glance
- Tasks: Support the reinsurance purchasing process and manage post-placement responsibilities.
- Company: Join Antares Global, a leader in ceded reinsurance across various brands.
- Benefits: Enjoy a collaborative work environment with opportunities for professional growth.
- Why this job: Be part of a dynamic team that values innovation and process improvement.
- Qualifications: 5+ years in reinsurance administration; CII qualifications preferred.
- Other info: Ideal for self-motivated individuals eager to learn and contribute.
The predicted salary is between 48000 - 72000 £ per year.
Job Description
The Antares Global Ceded Reinsurance Team is responsible for all aspects of ceded reinsurance for any brand under Antares Global.
The Senior Reinsurance Technician assists in the whole Antares Global ceded reinsurance function, supporting the reinsurance purchasing process and covering all aspects of the team’s post-placement responsibilities. This includes supporting the Group’s reinsurance purchasers to make sure planned arrangements are confirmed prior renewal, accurate recording of the coverage in the databases and preparing outward technical accounts, from monitoring timely premium settlements to reinsurance recovery collections, and includes the production of premium adjustments, cash losses, profit commissions, loss APs and the like, all with their respective monitoring of aged debt. Accurate and timely MI to be provided to all relevant key stakeholders across Antares Global as well as providing support for any team requiring assistance with regards to outwards reinsurance. You will have an ability to independently resolve issues with minimal guidance, assist in seeking process improvement and have confidence to manage minor projects through fruition.
Knowledge and Qualifications
- Minimum 5 years’ experience in outwards reinsurance administration and practices
- CII qualifications including LIT preferred
- A good understanding of reinsurance contract terminology with the ability to follow conditions stated
- Experience in reinsurance automatic calculation tools preferrable
Skills and Demonstrated Experience
- General reinsurance market experience with an emphasis to reinsurance administration across both, or either, Lloyd's and company markets
- Excellent numeric skills, with a high standard of accuracy and a desire for accurate data recording
- Excellent communicator with an ability to communicate at all levels, both internally and externally
- Computer literate with a good knowledge of Microsoft products including Excel, Word and Outlook, as well as market database recording systems
- A self-motived and driven individual
- A team player, happy to contribute to obtain the team’s and company’s objectives
- Willingness to learn and a questioning approach
Accountabilities
- Provides support for the reinsurance purchasing process
- Facultative reinsurances
- Prepares outward reinsurance technical accounts for proportional reinsurances
- Outwards Excess of Loss recoveries
- Company reinsurance amounts
- Aged debt
- Erosion Analysis
- Reinsurance returns and analysis
- Procedures and Practices
- Projects
Senior Reinsurance Technician employer: Antares
Contact Detail:
Antares Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Reinsurance Technician
✨Tip Number 1
Familiarize yourself with the specific reinsurance terminology and practices mentioned in the job description. This will not only help you understand the role better but also allow you to speak confidently about your knowledge during interviews.
✨Tip Number 2
Network with professionals in the reinsurance industry, especially those who have experience with Lloyd's and company markets. Engaging with them can provide insights into the role and may even lead to referrals.
✨Tip Number 3
Brush up on your skills with Microsoft Excel and any reinsurance automatic calculation tools. Being proficient in these areas will demonstrate your readiness to handle the technical aspects of the job effectively.
✨Tip Number 4
Prepare to discuss examples of how you've independently resolved issues or improved processes in your previous roles. This aligns with the job's requirement for self-motivation and process improvement.
We think you need these skills to ace Senior Reinsurance Technician
Some tips for your application 🫡
Understand the Role: Make sure you thoroughly understand the responsibilities of a Senior Reinsurance Technician. Familiarize yourself with the key tasks mentioned in the job description, such as supporting the reinsurance purchasing process and preparing outward technical accounts.
Highlight Relevant Experience: In your application, emphasize your experience in outwards reinsurance administration. Mention specific examples from your past roles that demonstrate your ability to manage reinsurance processes and resolve issues independently.
Showcase Your Skills: Clearly outline your skills related to reinsurance, such as numeric accuracy, communication abilities, and proficiency with Microsoft products. Provide examples of how you've used these skills in previous positions to achieve results.
Tailor Your Application: Customize your CV and cover letter to reflect the qualifications and skills listed in the job description. Use keywords from the posting to ensure your application stands out and aligns with what the company is looking for.
How to prepare for a job interview at Antares
✨Showcase Your Reinsurance Knowledge
Make sure to demonstrate your understanding of reinsurance contract terminology and practices. Be prepared to discuss specific examples from your past experience that highlight your familiarity with both Lloyd's and company markets.
✨Highlight Your Technical Skills
Since the role requires proficiency in Microsoft products and market database systems, be ready to talk about your experience with these tools. You might even want to mention any specific projects where you utilized Excel for data analysis or reporting.
✨Emphasize Communication Abilities
As an excellent communicator, you should be able to convey complex information clearly. Prepare to share instances where you've successfully communicated with stakeholders at various levels, both internally and externally.
✨Demonstrate Problem-Solving Skills
The ability to independently resolve issues is crucial for this position. Think of examples where you've tackled challenges with minimal guidance and how you contributed to process improvements in your previous roles.
