At a Glance
- Tasks: Support Ceded Re team with pre-bind activities and enhance operational efficiency.
- Company: International specialty insurer and reinsurer based in London.
- Benefits: 6-month fixed term contract with potential for growth and development.
- Other info: Fast-paced environment with opportunities for cross-functional projects.
- Why this job: Join a dynamic team and make a real impact in the reinsurance industry.
- Qualifications: 5+ years in reinsurance, strong numerical skills, and a team player attitude.
The predicted salary is between 50000 - 60000 € per year.
We are recruiting for a Ceded Reinsurance Senior Operations Specialist on a 6 month fixed term basis on behalf of an international specialty insurer and reinsurer in London. The successful candidate will support the Ceded Re team, in the administration of various Ceded Re activities, focussing more directly on pre-bind purchase activities, as well as actively working across tactical and strategic projects to increase efficiency and quality of processes. This role is a 6-month’s fixed term contract, with the option to start as soon as possible.
Key Responsibilities
- Administrating pre-bind ceded reinsurance activities, including submission packs, security compliance and operational feasibility.
- Liaising, rinsing and cleansing underwriting data from underwriting systems.
- Liaising and co-ordinating broker communications and messaging both on the placement and operations side of the business.
- Understanding, implementing and managing updates to various Ceded Re policies and procedures.
- Managing Ceded Re Collateral reporting and adequacy.
- Maintaining and enhancing ceded reinsurance metrics and dashboard.
- Participating in cross functional projects and initiatives.
- Assisting in the co-ordination and facilitation of reinsurer audits.
- Preparing and updating Group and Entity Programme schematics.
- Preparing US and UK MGA ceded data.
Key Requirements
- At least 5 years’ experience in Reinsurance / Outward Reinsurance.
- Understanding of London Market insurance.
- Ability to work with large numerical datasets.
- Strong team player.
- Solution Focused - driving constant change and improvement.
- Enthusiasm to work in a dynamic and fast paced environment.
- Constructively challenge / hold us and our teams to account.
Senior Operations Specialist - Ceded Reinsurance (FTC) employer: Claims Recruitment Services
As an international specialty insurer and reinsurer based in London, we pride ourselves on fostering a collaborative and innovative work culture that empowers our employees to thrive. With a strong focus on professional development, we offer numerous growth opportunities and encourage our team members to engage in cross-functional projects that enhance their skills and expertise. Our commitment to efficiency and quality in the Ceded Re team ensures that you will be part of a dynamic environment where your contributions are valued and impactful.
Contact Detail:
Claims Recruitment Services Recruiting Team
StudySmarter Expert Advice🤫
We think this is how you could land Senior Operations Specialist - Ceded Reinsurance (FTC)
✨Tip Number 1
Network like a pro! Reach out to your connections in the reinsurance industry, especially those who work in London. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of Ceded Re processes and metrics. We recommend practising common interview questions and having examples ready that showcase your experience with large datasets and team collaboration.
✨Tip Number 3
Don’t just apply anywhere; focus on companies that align with your values and career goals. Check out our website for tailored opportunities in the reinsurance sector that match your skills and aspirations.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can set you apart from other candidates. It shows your enthusiasm for the role and keeps you fresh in their minds as they make their decision.
We think you need these skills to ace Senior Operations Specialist - Ceded Reinsurance (FTC)
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Operations Specialist role. Highlight your experience in Ceded Reinsurance and any relevant projects you've worked on. We want to see how your skills align with our needs!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how you can contribute to our team. Be sure to mention your understanding of the London Market insurance and your solution-focused mindset.
Showcase Your Data Skills:Since this role involves working with large numerical datasets, make sure to highlight your experience in this area. We love candidates who can demonstrate their analytical skills and how they've used data to drive improvements in previous roles.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and get to know you better. Don’t miss out on this opportunity!
How to prepare for a job interview at Claims Recruitment Services
✨Know Your Ceded Reinsurance Inside Out
Make sure you brush up on your knowledge of ceded reinsurance, especially the pre-bind purchase activities. Familiarise yourself with the key responsibilities mentioned in the job description, as this will help you demonstrate your understanding and readiness to hit the ground running.
✨Showcase Your Data Skills
Since the role involves working with large numerical datasets, be prepared to discuss your experience with data analysis. Bring examples of how you've successfully managed or interpreted data in previous roles, and be ready to explain how you can apply those skills to improve processes in the new position.
✨Communicate Like a Pro
Effective communication is crucial, especially when liaising with brokers and coordinating messages. Practice articulating your thoughts clearly and concisely, and think of instances where your communication skills made a difference in your past roles. This will show that you can handle the operational side of the business smoothly.
✨Emphasise Your Team Spirit
Being a strong team player is essential for this role. Prepare to share examples of how you've collaborated with others in the past, particularly in fast-paced environments. Highlight your solution-focused mindset and how you've contributed to driving change and improvement within your teams.
