At a Glance
- Tasks: Coordinate ceded contract processing and support data analysis for reinsurance operations.
- Company: Join AXIS Capital, a leading global provider of insurance and reinsurance.
- Benefits: Enjoy competitive pay, health plans, wellness programs, and tuition reimbursement.
- Why this job: Be part of a dynamic team driving growth and innovation in the reinsurance industry.
- Qualifications: Knowledge of reinsurance contracts and strong analytical skills required.
- Other info: Work in a supportive environment with opportunities for professional development.
The predicted salary is between 36000 - 60000 £ per year.
This is your opportunity to join AXIS Capital – a trusted global provider of specialty lines insurance and reinsurance. We stand apart for our outstanding client service, intelligent risk taking and superior risk adjusted returns for our shareholders. We also proudly maintain an entrepreneurial, disciplined and ethical corporate culture. As a member of AXIS, you join a team that is among the best in the industry. At AXIS, we believe that we are only as strong as our people. We strive to create an inclusive and welcoming culture where employees of all backgrounds and from all walks of life feel comfortable and empowered to be themselves.
How does this role contribute to our collective success? The Ceded Finance and Operations function is responsible for delivering a strategic and forward-looking organization that will:
- Advance the Company's growth and profitability goals through the enablement of the Ceded strategy.
- Provide clear accountability for outward reinsurance contracts, outwards reinsurance controls and outward reinsurance reporting.
- Drive process excellence and better data and analytics through technological enablement and team collaboration.
What will you do in this role?
- Coordinate the ceded contract administration processing after placement.
- Support reading and interpreting ceded contracts to setup treaty contract terms for processing in reinsurance systems.
- Enter contracts into AXIS Reinsurance Calculator (ARC) and assist with analysis of calculated results.
- Coordinate entry and approval of contracts into ProCede.
- Assist with ceded premium month end close process including review and validation of reinsurance premium transactions.
- Assist with internal status or KPI reporting for contract administration end-to-end process.
- Perform ceded premium analysis to validate, investigate and explain ceded results.
- Assist with contractual obligation processing and market communications.
- Develop relationships with internal and external clients to ensure timely responses to inquiries and communications.
- Support departmental compliance with operational controls including but not limited to SOX controls.
About You: We encourage you to bring your own experience and expertise to the table, so while there are some qualifications and experiences we need you to have, we are open to discussing how your individual knowledge might lend itself to fulfilling this role and help us achieve our goals.
What you need to have:
- Have a working knowledge of reinsurance contracts and resulting reporting requirements to assure accurate interpretation, implementation and processing.
- Able to analyse data/figures and use reconciliation techniques to validate or identify differences.
- Proficiency in Microsoft Office suite of products applications (Outlook, Word, Excel, and PowerPoint).
- Able to perform complex functions in Excel such as pivot tables and lookups.
- Self-motivated and organized to drive company initiatives, able to demonstrate accountability, integrity, and professionalism.
- Proven ability to meet tight deadlines, work under pressure and respond to changing priorities.
- Team player with ability to collaborate with internal and external customers.
- Able to communicate clearly both orally and in writing, including writing reports and the ability to develop and maintain effective working relationships.
- Be comfortable working with numeric data sets and able to analyse and problem solve when required.
What we prefer you to have:
- Bachelor's degree in Accounting or equivalent.
- Hands on experience with ceded reinsurance and financial systems (especially ProCede and Oracle/SmartView).
- Internationally recognized accounting qualification pursuit or equivalent experience (CPA, ARe, CPCU).
- Practical knowledge experience of retrocession and/or third-party capital industry with operations and reporting experience.
Role Factors: In this role, you will typically be required to be present in the London Office a minimum of 3 days per week.
What we offer: You will be eligible for a comprehensive and competitive benefits package which includes medical plans for you and your family, health and wellness programs, retirement plans, tuition reimbursement, paid annual leave, and much more.
Ceded Reinsurance Sr Analyst in London employer: AXIS (AXIS Capital)
Contact Detail:
AXIS (AXIS Capital) Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Ceded Reinsurance Sr Analyst in London
✨Tip Number 1
Network like a pro! Reach out to people in the reinsurance industry, especially those at AXIS Capital. A friendly chat can open doors and give you insights that might just land you an interview.
✨Tip Number 2
Prepare for the interview by brushing up on your knowledge of reinsurance contracts and reporting requirements. Show us you know your stuff and can handle the technical aspects of the role with confidence.
✨Tip Number 3
Practice your communication skills! Whether it’s explaining complex data or discussing your past experiences, being clear and concise will help you stand out during interviews.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Ceded Reinsurance Sr Analyst in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Ceded Reinsurance Sr Analyst role. Highlight your experience with reinsurance contracts and any relevant financial systems like ProCede. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role at AXIS Capital and how your background makes you a great fit. Remember, we love seeing your personality come through!
Showcase Your Analytical Skills: Since this role involves a lot of data analysis, make sure to highlight your proficiency in Excel and any experience you have with data reconciliation. We want to know how you tackle complex data sets and solve problems!
Apply Through Our Website: Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy – just follow the prompts and submit your materials!
How to prepare for a job interview at AXIS (AXIS Capital)
✨Know Your Reinsurance Contracts
Make sure you brush up on your knowledge of reinsurance contracts before the interview. Be prepared to discuss how you interpret and process these contracts, as well as any specific experiences you've had with them. This will show that you understand the core responsibilities of the Ceded Reinsurance Sr Analyst role.
✨Showcase Your Analytical Skills
Since the role involves analysing data and validating results, be ready to share examples of how you've successfully tackled similar tasks in the past. Highlight your proficiency in Excel, especially with complex functions like pivot tables and lookups, as this is crucial for the position.
✨Demonstrate Team Collaboration
AXIS values teamwork, so think of instances where you've worked effectively with others to achieve a common goal. Be prepared to discuss how you build relationships with internal and external clients, and how you ensure timely communication and responses to inquiries.
✨Prepare for Compliance Questions
Familiarise yourself with operational controls, particularly SOX compliance, as this is part of the role. Be ready to discuss how you've ensured compliance in previous positions and what steps you take to maintain accountability and professionalism in your work.