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- Tasks: Lead a dynamic team in managing ceded reinsurance operations and ensure compliance with contracts.
- Company: Join a top Property & Casualty Re/insurance firm known for innovation and employee empowerment.
- 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: Experience in insurance operations and a degree in business or finance preferred.
- Other info: Opportunity for Bermuda business trips and involvement in global projects.
The predicted salary is between 43200 - 72000 £ per year.
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- Reinsurance Operations for this fast growing, dynamic and highly collaborative team, who will be responsible managing a small 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 operational 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, ensuring the accuracy of the processing of all aspects of ceded reinsurance contracts and collateral agreements, including leading more complex technical areas.
You will also participate in and lead Global and special projects and identify opportunities for ongoing refinement, enhancement of the SOX 404 control environment, process improvement and system enhancement, and propose and implement solutions to improve the efficiency of the global functional area, ensuring that all global operational and financial needs are met.
Role requirements:
- Previous experience of managing a team of insurance or reinsurance operations or high volume processing staff.
- Experience of improvements of processes, systems, products or solutions to enhance performance of the department or job area.
- A university degree preferred, (emphasis on business, insurance or finance / accounting is advantageous) or comparable reinsurance experience essential.
- Ideally CII, ACII qualified.
- Fully proficient, has in-depth knowledge, works independently on moderate to high complex matters.
- 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-Reinsurance Operations employer: Bunn Abbott Consulting
Contact Detail:
Bunn Abbott Consulting Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Assistant Manager-Reinsurance Operations
✨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 operational roles. Engaging with them can provide valuable insights and potentially lead to referrals that could enhance your application.
✨Tip Number 3
Highlight your leadership skills and experience managing teams in your conversations. Be prepared to discuss specific examples of how you've improved processes or systems in previous roles, as this aligns closely with the job requirements.
✨Tip Number 4
Prepare to discuss your approach to compliance and risk management. Given the technical nature of the role, showcasing your understanding of SOX 404 controls and how you've implemented improvements in past positions will set you apart.
We think you need these skills to ace Assistant Manager-Reinsurance Operations
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Assistant Manager-Reinsurance Operations position. Highlight key responsibilities and required skills, and think about how your experience aligns with these.
Tailor Your CV: Customize your CV to reflect relevant experience in insurance or reinsurance operations. Emphasize any leadership roles you've held and specific achievements that demonstrate your ability to manage teams and improve processes.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the industry and your understanding of the company's values. Mention your experience with ceded reinsurance contracts and your approach to process improvement, as these are crucial for the role.
Highlight Your Qualifications: If you have any relevant qualifications such as CII or ACII, make sure to mention them prominently in your application. This will help demonstrate your commitment to the field and your technical competence.
How to prepare for a job interview at Bunn Abbott Consulting
✨Showcase Your Leadership Skills
As an Assistant Manager, you'll be managing a team. Be prepared to discuss your previous leadership experiences and how you've successfully guided teams in high-pressure environments. Highlight specific examples where you improved team performance or resolved conflicts.
✨Demonstrate Technical Knowledge
This role requires a strong understanding of ceded reinsurance contracts and collateral agreements. Brush up on relevant technical terms and processes before the interview. Be ready to explain complex concepts clearly, as this will showcase your expertise and ability to communicate effectively with stakeholders.
✨Emphasize Process Improvement Experience
The company values innovation and efficiency. Prepare to discuss any past experiences where you identified opportunities for process improvements. Share specific examples of how your initiatives led to enhanced performance or streamlined operations within your team or department.
✨Align with Company Culture
The client prides itself on a collaborative and inclusive culture. Research their values and think about how your personal values align with theirs. During the interview, express your enthusiasm for working in a dynamic environment and your commitment to fostering a positive team atmosphere.
