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 Reinsurance Technician 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 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 Reinsurance Technician - 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 Details:
Claims Recruitment Services Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Senior Reinsurance Technician - 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 want you to showcase your expertise and enthusiasm for the role, so practice answering common questions and think of examples that highlight your experience.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation. It keeps you fresh in their minds and shows your genuine interest in the position.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining our team and contributing to our projects.
We think you need these skills to ace Senior Reinsurance Technician - Ceded Reinsurance (FTC)
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Reinsurance Technician role. Highlight your experience in Ceded Re activities and any relevant projects you've worked on. 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 reinsurance and how you can contribute to our team. Be sure to mention your understanding of the London Market 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 helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Claims Recruitment Services
✨Know Your Reinsurance Stuff
Make sure you brush up on your knowledge of ceded reinsurance and the London Market. Be ready to discuss your past experiences in detail, especially any specific projects or challenges you've faced. This will show that you’re not just familiar with the terms but can apply them practically.
✨Data is Key
Since the role involves working with large numerical datasets, be prepared to talk about your experience handling data. Bring examples of how you've managed or analysed data in previous roles, and think about how you can demonstrate your solution-focused mindset when discussing these experiences.
✨Communication is Crucial
You’ll need to liaise with brokers and other teams, so practice articulating your thoughts clearly. Think of examples where effective communication made a difference in your work. This will highlight your ability to coordinate and manage relationships effectively.
✨Show Your Enthusiasm
This role is in a dynamic environment, so let your passion shine through! Share why you’re excited about the opportunity and how you thrive in fast-paced settings. Employers love candidates who are genuinely enthusiastic about their work and the company.
