At a Glance
- Tasks: Join our team to manage reinsurance contracts and collaborate with industry experts.
- Company: We empower clients and communities, fostering innovation and collaboration in the insurance sector.
- Benefits: Enjoy a hybrid work model, competitive salary, and opportunities for professional growth.
- Other info: Remote position with a deadline for applications on June 30, 2025.
- Why this job: Be part of a dynamic team that values creativity and problem-solving in a supportive environment.
- Qualifications: 2+ years in the Lloyd’s Insurance market; strong Excel skills and excellent communication required.
The predicted salary is between 43200 - 72000 £ per year.
Senior Ceded Re Operations Analyst
Role Overview
Apply for the remote position with a hybrid working model based in London, UK. This is a full-time role posted 8 days ago, with an application deadline of June 30, 2025.
Our company culture emphasizes collaboration, expertise, and innovation, aiming to promote progress and inspire clients, employees, investors, and communities to realize their potential. Our work helps others achieve their goals. We Enable Possibility℠.
Role Details
Title: Ceded Reinsurance Technician
Location: London
Department: Reinsurance
Version Date: May 2025
Reports To: Ceded Re Operations Manager
HR Contact: KR
Role Purpose
This role involves working within the Ceded Reinsurance Operations Team, collaborating with internal and external stakeholders to ensure timely processing of Reinsurance contracts within the XLPro system. Responsibilities include liaising with Brokers, Reinsurers, and Auditors to meet regulatory deadlines. The role also requires supporting team members in improving workflows and working with the offshore GSO team.
Key Responsibilities
- Set up ceded contracts for automation in XLPro
- Prepare and render Treaty statements, ensuring compliance with policy conditions and accounting terms
- Manage premium payments for facultative and excess of loss purchases
- Calculate and communicate XOL collections and advices
- Report on Ceded Reinsurance financials internally and externally
- Maintain internal controls, including Risk and SOX compliance
- Assist in regulatory reporting, including Lloyd’s returns and group reports
- Build relationships with stakeholders to improve efficiency and service
- Coordinate renewal information with Ceded Reinsurance purchasers
- Review and suggest improvements to current procedures
- Support financial reporting, committee and board documentation, and regulatory submissions
Skills and Qualifications
Skills / Competencies
- Strong Excel skills
- Experience with XLPro is advantageous but not essential
- Ability to prioritize and meet deadlines
- Excellent written and verbal communication skills
- Self-motivated with initiative
Qualifications
- At least 2 years of relevant experience, preferably within Lloyd’s Insurance market
Experience
- Knowledge of all major reinsurance types: Facultative, Quota Share, Excess of Loss
- Experience in Non-Marine and Marine classes, especially Property and Casualty
- Understanding of regulatory returns such as SRS, QMA, and Solvency II
If you enjoy solving complex business problems and working with talented colleagues in an innovative environment, Arch may be the right fit. Interested in future opportunities? Create a job alert or join our talent community to connect directly with our Talent Acquisition team.
#J-18808-LjbffrSenior Ceded Re Operations Analyst, in London employer: Arch Insurance (UK) Limited
At Arch, we pride ourselves on being an excellent employer, offering a dynamic hybrid working model in the heart of London. Our collaborative culture fosters innovation and personal growth, providing employees with opportunities to enhance their skills while making a meaningful impact in the reinsurance sector. With a commitment to enabling possibility, we support our team members in achieving their professional goals and building strong relationships within the industry.
Contact Details:
Arch Insurance (UK) Limited Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Senior Ceded Re Operations Analyst, in London
✨Tip Number 1
Familiarise yourself with the XLPro system, as it's a key tool for this role. Even if you don't have direct experience, understanding its functionalities can give you an edge during discussions with the hiring team.
✨Tip Number 2
Network with professionals in the Lloyd’s Insurance market. Engaging with industry contacts can provide insights into the role and may even lead to referrals, which can significantly boost your chances of landing the job.
✨Tip Number 3
Brush up on your knowledge of regulatory returns like SRS, QMA, and Solvency II. Being well-versed in these areas will demonstrate your commitment to compliance and your understanding of the industry's requirements.
✨Tip Number 4
Prepare to discuss how you've improved workflows or processes in previous roles. The ability to showcase your problem-solving skills and initiative will resonate well with the hiring team, especially in a collaborative environment.
We think you need these skills to ace Senior Ceded Re Operations Analyst, in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights relevant experience in reinsurance operations, particularly any work with XLPro or similar systems. Emphasise your strong Excel skills and any specific projects that demonstrate your ability to meet deadlines.
Craft a Compelling Cover Letter:In your cover letter, express your enthusiasm for the role and the company culture. Mention how your background aligns with the responsibilities listed, such as liaising with brokers and managing premium payments.
Highlight Relevant Experience:When detailing your work history, focus on your experience within the Lloyd’s Insurance market and your knowledge of various reinsurance types. Be specific about your achievements and how they relate to the key responsibilities of the role.
Proofread Your Application:Before submitting, carefully proofread your application materials. Ensure there are no spelling or grammatical errors, and that your communication skills shine through in both your CV and cover letter.
How to prepare for a job interview at Arch Insurance (UK) Limited
✨Know Your Reinsurance Basics
Make sure you brush up on your knowledge of reinsurance types, especially Facultative and Excess of Loss. Being able to discuss these concepts confidently will show that you understand the industry and can contribute effectively.
✨Excel Skills Are Key
Since strong Excel skills are a requirement for this role, be prepared to demonstrate your proficiency. You might be asked to solve a problem or analyse data during the interview, so practice using Excel functions relevant to financial reporting.
✨Showcase Your Communication Skills
As the role involves liaising with various stakeholders, it's crucial to highlight your written and verbal communication abilities. Prepare examples of how you've successfully communicated complex information in previous roles.
✨Prepare for Regulatory Questions
Familiarise yourself with regulatory returns like SRS, QMA, and Solvency II. Be ready to discuss how you've handled compliance in past positions, as this will demonstrate your understanding of the regulatory landscape in the reinsurance sector.
