At a Glance
- Tasks: Manage Excess of Loss reinsurance contracts and oversee claims analysis and premium calculations.
- Company: Join a leading firm in the London Market, specialising in ceded reinsurance operations.
- Benefits: Enjoy a collaborative work environment with opportunities for continuous learning and innovation.
- Other info: Position based in London, focusing on both Lloyd's and non-Lloyd's environments.
- Why this job: This role offers the chance to lead complex reinsurance programmes in a dynamic setting.
- Qualifications: Candidates must have significant experience in ceded reinsurance and knowledge of systems like Subscribe and Senator.
The predicted salary is between 60000 - 75000 £ per year.
The Role
We are currently hiring for a Senior Reinsurance Technician in our London office to provide senior operational support to our Ceded Reinsurance function, managing complex programmes, claims analysis, premium calculations and recoveries while ensuring post-placement activities are completed accurately and efficiently.
What You'll Be Doing
- Reinsurance Programme Management: Oversee and manage Excess of Loss reinsurance contracts, ensuring accuracy and compliance across all activities.
- Premiums and Financial Calculations: Produce premium adjustment statements, calculate QPD returns and monitor aged debt to support financial integrity and reporting.
- Claims and Recoveries Oversight: Identify recoverable claims, issue settlement requests and support facultative recovery processes.
- Stakeholder & Broker Engagement: Liaise with underwriters, finance, claims teams, brokers and reinsurers to ensure effective communication and delivery.
- Systems & Process Improvement: Maintain contract data across systems and contribute to reporting, controls, projects and new system implementations.
What We're Looking For
- Reinsurance Expertise: Strong understanding of ceded reinsurance operations within the Lloyd's and London Market.
- Proven Experience: Significant experience in a ceded reinsurance role, with exposure to both Lloyd's and non-Lloyd's environments beneficial.
- Technical Capability: Good working knowledge of reinsurance systems such as Subscribe, Senator and XLRAS, alongside Microsoft Office tools.
- Leadership & Communication: Ability to lead, influence and communicate effectively with internal and external stakeholders.
- Collaborative & Accountable Mindset: A proactive, collaborative approach with a focus on continuous learning, innovation and accountability.
Senior Reinsurance Technician in City of Westminster employer: CNA Hardy
Located in London, this firm is a key player in the reinsurance market, offering competitive benefits like a collaborative work culture. The team values innovation and accountability, making it an ideal place for professionals seeking growth in their careers.
We think you need these skills to ace Senior Reinsurance Technician in City of Westminster
Reinsurance Programme Management
Premium Calculations
Claims Analysis
Recoveries Oversight
Stakeholder Engagement
Broker Liaison
Systems Improvement
