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- Tasks: Coordinate ceded contract processing and support data analysis for reinsurance systems.
- Company: Join AXIS Capital, a leading global provider of insurance and reinsurance.
- Benefits: Enjoy competitive benefits including 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 proficiency in Microsoft Office required.
- Other info: Work in a collaborative 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.
- 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.
- 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).
- Self-motivated and organized to drive company initiatives.
- 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.
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).
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 employer: AXIS Capital
Contact Detail:
AXIS Capital Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Ceded Reinsurance Sr Analyst
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those at AXIS Capital. A friendly chat can open doors and give you insights that a job description just can't.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of reinsurance contracts and data analysis. Be ready to discuss how your skills align with the role and how you can contribute to AXIS's goals.
✨Tip Number 3
Showcase your teamwork skills! AXIS values collaboration, so be sure to highlight any experiences where you've worked effectively with others to achieve common goals.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you're serious about joining the AXIS team.
We think you need these skills to ace Ceded Reinsurance Sr Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Ceded Reinsurance Sr Analyst role. Highlight your knowledge of reinsurance contracts and any relevant financial systems you've worked with.
Craft a Compelling Cover Letter: Use your cover letter to tell us why you're passionate about this role at AXIS Capital. Share specific examples of how your background makes you a great fit for our team and culture.
Showcase Your Analytical Skills: Since this role involves data analysis, be sure to mention any experience you have with Excel or other analytical tools. We want to see how you can validate and interpret data effectively.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the position without any hiccups!
How to prepare for a job interview at 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 would interpret and implement these contracts, as well as any relevant reporting requirements. This will show that you understand the core responsibilities of the Ceded Reinsurance Sr Analyst role.
✨Showcase Your Analytical Skills
Since this role involves a lot of data analysis, be ready to demonstrate your analytical skills during the interview. You might be asked to explain how you would validate or identify differences in data sets. Practise discussing your experience with Excel functions like pivot tables and lookups, as these are crucial for the job.
✨Emphasise Team Collaboration
AXIS Capital values teamwork, so highlight your ability to collaborate with both internal and external clients. Share examples of how you've successfully worked in teams to meet customer needs and achieve goals. This will help convey that you're a team player who can thrive in their inclusive culture.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving abilities under pressure. Think of past experiences where you had to meet tight deadlines or adapt to changing priorities. Being able to articulate how you handled these situations will demonstrate your self-motivation and organisational skills.
