At a Glance
- Tasks: Manage treaty reinsurance lifecycle and collaborate with diverse teams.
- Company: Join AXA XL, a leader in innovative risk solutions.
- Benefits: Enjoy competitive pay, flexible working, and inclusive benefits.
- Other info: Opportunities for career growth and professional development.
- Why this job: Make an impact in a dynamic environment focused on sustainability.
- Qualifications: Experience in reinsurance and strong communication skills required.
The predicted salary is between 65000 - 78000 £ per year.
Ceded Reinsurance is a strategic function within AXA XL in charge of defining and implementing the reinsurance strategy as well as administrating all reinsurance treaties through their lifecycle. Ceded Re is part of the AXA XL Underwriting function, with the AXA XL Global Chief Underwriting Officer being a member of the AXA XL Leadership team.
The Ceded Re Operations team is responsible for the administration of all Treaty Reinsurance business written within AXA XL, composed of 4 key areas: Technical Operations, Technical Accounting, Data & Operations Reporting, and Central Operations.
This role resides within the Ceded Reinsurance Specialty Technical Operations team based in London, which is responsible for global reinsurance policy set-up for all lines of business and administration of Ceded Reinsurance issued to brokers.
What you'll be doing
The role involves managing the lifecycle of treaty reinsurance across various Non marine Specialty classes of business, such as Accident & Health, Political Risk, War, and others. Key responsibilities include:
- Overseeing reinsurance operations across multiple systems
- Collaborating with internal and external stakeholders
- Ensuring contractual and reporting compliance
- Supporting transformation projects
- Managing financial processes like premium payments and claims
The position requires experience in reinsurance, excellent communication skills, and the ability to work effectively with virtual teams. The role also involves building relationships with brokers, claims, legal, and finance teams, and supporting the overall strategic and operational goals of the reinsurance function.
What you’ll bring
We’re looking for someone who has these abilities and skills:
- Experience with multiple lines of business in a Reinsurance environment in previous roles
- Advanced command of MS Office, particularly advanced Excel skills, and potential Access, Power BI
- Ability to liaise with key stakeholders internally and externally
- Good collaborator, able to work effectively with key stakeholders at all levels
- Coaching and capability-building, conscientious about quality and accuracy of work provided
- Excellent time management and organisation skills
- Agility and ability to work on several topics simultaneously
- Experience working with a virtual team
- Effective communicator: Excellent verbal and written communication, collaboration both in person and virtually
- Able to work to tight deadlines to correctly reflect in financials for close
- Good eye for detail and process
- Comfortable giving training to the team where required
- Ability to travel to other AXA XL offices for meetings and training colleagues
What we offer
AXA XL is committed to equal employment opportunity and will consider applicants regardless of gender, sexual orientation, age, ethnicity and origins, marital status, religion, disability, or any other protected characteristic. At AXA XL, we know that an inclusive culture enables business growth and is critical to our success.
AXA XL’s Reward program is designed to take care of what matters most to you, covering the full picture of your health, wellbeing, lifestyle, and financial security. It provides competitive compensation and personalised, inclusive benefits that evolve as you do.
At AXA XL, Sustainability is integral to our business strategy. Our sustainability strategy focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations.
AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. We provide re/insurance by combining a comprehensive and efficient capital platform, data-driven insights, leading technology, and the best talent in an agile and inclusive workspace.
Senior Reinsurance Specialist (12 Months FTC) in London employer: AXA Group
AXA is an exceptional employer, offering a supportive and dynamic work environment in Tunbridge Wells for nurses looking to make a meaningful impact. With a strong focus on employee growth, we provide comprehensive training, flexible working arrangements, and the opportunity to work from home, ensuring a healthy work-life balance. Join our dedicated health support team and enjoy the benefits of being part of a global leader in insurance, where your contributions truly matter.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Reinsurance Specialist (12 Months FTC) in London
✨Tap into Local Agencies
For temporary roles like the one at AXA Group, don't overlook local recruitment agencies that specialise in the insurance sector. They often have inside info on your local market and can help you get your foot in the door quicker!
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✨Network with Industry Pros
Join insurance-focused online platforms and forums to connect with professionals who can share insider tips about temporary roles. Attend local industry meetups or workshops to widen your network; sometimes it’s all about who you know!
✨Showcase Your Flexibility
For temp roles, employers are often looking for candidates who can hit the ground running. Highlight any previous experience you have in fast-paced environments on your profile or during interviews, so AXA Group knows you can adapt quickly to their needs!
We think you need these skills to ace Senior Reinsurance Specialist (12 Months FTC) in London
Some tips for your application 🫡
Highlight Relevant Certifications:In the insurance world, having the right qualifications can set you apart. If you've got any certifications like Cert CII or other relevant credentials, make sure they're front and centre on your CV. It shows you're committed to the industry and ready to hit the ground running!
Showcase Your Customer Service Skills:Insurance is all about helping clients through tricky times. Use your application to mention your previous customer service experience or soft skills like problem-solving and empathy. These are crucial for any temporary role in the insurance sector, so don’t shy away from flexing these muscles!
Tailor Your CV for the Temp Role:For a temporary position, it's all about demonstrating your ability to adapt quickly. Tailor your CV to highlight experiences that show you can jump in and make an impact immediately. Mention short projects, freelance gigs, or any fast-paced roles that show you thrive in dynamic environments.
Be Clear About Availability:In your cover letter, clearly state your availability for the temporary role. Since this is a short-term gig, emphasising your flexibility and readiness to start immediately can really catch AXA Group's eye. Remember, they need someone who can fit right in, so make it easy for them to see you as that person!
How to prepare for a job interview at AXA Group
✨Master the Basics of Underwriting
Since you're aiming for a temporary role in insurance, brush up on the basic principles of underwriting. Be ready to discuss how you would assess risks and make simple decisions on policy issuance, as these are likely to come up in technical questions.
✨Familiarise Yourself with Relevant Regulations
Insurance is heavily regulated, so it helps to be familiar with key regulations that affect the industry. Bring up any specific legislation you're aware of and how it could impact your work at AXA Group. This shows you're engaged and knowledgeable.
✨Highlight Your Flexibility
As it's a temporary position, it's crucial to stress your adaptability. Talk about previous experiences where you had to pick up new tasks quickly or adjust to changing needs. Employers will appreciate your willingness to jump in and get the job done without a long onboarding process.
✨Prepare to Discuss Claims Processing
Be ready to dive into discussions around claims processing, as this might be a big part of your role. Bring along examples of how you've approached problem-solving in past roles, especially if you've dealt with customer claims or insurance queries before. It's a great way to show your relevant experience.