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- Tasks: Lead a dynamic team in managing ceded reinsurance operations and compliance.
- Company: Join a top Property & Casualty Re/insurance writer with 25+ years of industry experience.
- Benefits: Enjoy perks like a free gym, wellness benefits, and a quality staff canteen.
- Why this job: Be part of a collaborative culture that values creativity and offers growth opportunities.
- Qualifications: University degree preferred; 3+ years in reinsurance or related fields required.
- Other info: Opportunity for Bermuda business trips and involvement in global projects.
The predicted salary is between 43200 - 72000 £ per year.
Job Description
Our client: is a leading writer of Property & Casualty Re/insurance. For over 25 years, they have helped customers and communities recover and build resilience through their industry-leading ability to understand risk, source efficient capital and rapidly pay claims.
Their global team shares a passion for solving their customers’ biggest problems through a collaborative and entrepreneurial culture that empowers employees and rewards creative thinking
Embracing inclusion & diversity, this company truly value & look after their staff. Providing a dynamic, positive & engaging culture & first-class benefits, including some nice extras such as a free quality staff canteen, free gym (multiple gym brands, nationwide) & comprehensive wellness benefits & free City same day private GP service (for example-there are even more!), combined with a comprehensive talent development programme, it’s easy to see why they enjoy low staff turnover rates offering such a great environment for positive, hardworking individuals to thrive & grow in.
The role: due to a period of exciting & continued growth, we are seeking an Assistant Manager- Ceded Reinsurance for this fast growing, dynamic and highly collaborative team, who will be responsible managing a team of professions and technicians and for an extremely broad and technical operational role, responsible for all ceded post-bind activities. They will assume responsibility for an agreed set of processes, for a defined ceded external portfolio and internal cessions written across the various platforms and supporting other portfolios as required-in this fast paced Global role. There is the opportunity for Bermuda business trips, a few times per year.
In this broad and technical leadership role you will ensure compliance with contractual terms, analysing and processing all aspects of ceded reinsurance contracts & collateral agreements, whilst working closely with various internal and external stakeholders & identifying opportunities for ongoing refinement, enhancement of the SOX 404 control environment, process improvement and system enhancement.
You will also participate in and lead Global and special projects and also with your team, be responsible for supporting certain aspects of the financial accounting, internal controls and reporting for the company.
Role requirements:
- A university degree preferred, (emphasis on business, insurance or finance / accounting is advantageous) or comparable reinsurance experience essential.
- Ideally CII, ACII qualified.
- At least 3 years prior relevant experience in a senior reinsurance technician or Assistant Manager capacity.
- Fully proficient, has in-depth knowledge, works independently on moderate to high complex matters.
- Experience with public companies and SOX 404 is advantageous.
- Utilises solid technical competence to achieve exemplary results and to manage and resolve issues.
- Conveys points of view/positions in a way that influences opinions, and demonstrates flexibility in adapting personal style to different individuals.
We look forward to receiving your application
Please note that if you have not heard from us within 7 days, your application has not been successful on this occasion
Bunn Abbott Consulting is acting as an Employment Agency in relation to this vacancy.
Assistant Manager-Ceded Reinsurance employer: Bunn Abbott Consulting
Contact Detail:
Bunn Abbott Consulting Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Assistant Manager-Ceded Reinsurance
✨Tip Number 1
Familiarize yourself with the latest trends and regulations in the reinsurance industry. This knowledge will not only help you during interviews but also demonstrate your commitment to staying updated in a fast-paced environment.
✨Tip Number 2
Network with professionals in the reinsurance field, especially those who have experience in ceded reinsurance. Attend industry events or join relevant online forums to connect with potential colleagues and learn more about the company culture.
✨Tip Number 3
Prepare to discuss specific examples from your past experience that showcase your leadership skills and ability to manage complex processes. Highlight any successful projects you've led that align with the responsibilities of the Assistant Manager role.
✨Tip Number 4
Research the company’s values and culture, particularly their emphasis on inclusion and diversity. Be ready to articulate how your personal values align with theirs and how you can contribute to their collaborative environment.
We think you need these skills to ace Assistant Manager-Ceded Reinsurance
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly read the job description for the Assistant Manager-Ceded Reinsurance position. Understand the key responsibilities and required qualifications, as this will help you tailor your application effectively.
Highlight Relevant Experience: In your CV and cover letter, emphasize your previous experience in reinsurance or related fields. Make sure to mention any specific projects or roles that align with the responsibilities outlined in the job description.
Showcase Your Skills: Demonstrate your technical competence and leadership abilities in your application. Provide examples of how you've successfully managed teams or projects, particularly in a fast-paced environment, to show that you can thrive in this role.
Tailor Your Cover Letter: Craft a personalized cover letter that reflects your understanding of the company's culture and values. Mention how your background aligns with their emphasis on collaboration, diversity, and problem-solving.
How to prepare for a job interview at Bunn Abbott Consulting
✨Understand the Ceded Reinsurance Landscape
Make sure you have a solid grasp of ceded reinsurance concepts and practices. Be prepared to discuss your experience with managing ceded post-bind activities and how you've ensured compliance with contractual terms in previous roles.
✨Showcase Your Leadership Skills
As an Assistant Manager, you'll be leading a team. Highlight your leadership experience and provide examples of how you've successfully managed teams in the past, especially in high-pressure environments.
✨Demonstrate Technical Competence
Be ready to discuss your technical knowledge related to reinsurance contracts and collateral agreements. Prepare to explain how you've utilized this knowledge to achieve exemplary results and resolve complex issues.
✨Emphasize Collaboration and Communication
This role requires working closely with various stakeholders. Share examples of how you've effectively communicated and collaborated with internal and external parties to drive projects forward and enhance processes.
