Senior Reinsurance Technician
Senior Reinsurance Technician

Senior Reinsurance Technician

City of London Full-Time 48000 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Manage reinsurance contracts and oversee post-placement activities.
  • Company: CNA Hardy is a leading specialist in commercial insurance, part of CNA Financial Corp.
  • Benefits: Enjoy a collaborative work environment with opportunities for professional growth.
  • Why this job: Join a reputable company with a strong legacy and make an impact in the insurance industry.
  • Qualifications: 10 years' experience in ceded reinsurance; knowledge of Lloyd's market preferred.
  • Other info: Opportunity to lead special projects and be involved in new system implementations.

The predicted salary is between 48000 - 72000 £ per year.

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Senior Reinsurance Technician

Apply locations London, UK time type Full time posted on Posted 9 Days Ago time left to apply End Date: August 9, 2025 (15 days left to apply) job requisition id R-5990

We are looking for a Senior Reinsurance Technician to join our London Team.

Position Summary

To provide senior operational support to the CNA Hardy Ceded Reinsurance function in ensuring all post-placement activities are conducted promptly and accurately.

Key Responsibilities

  • Oversee and manage all Excess of Loss reinsurance contracts
  • Assist with Facultative recovery procedure
  • Entering and updating contract details in Subscribe, Senator and XLRAS
  • Calculating and generating premium adjustment statements
  • Identifying and accounting for recoverable claims
  • Issuing large special settlement requests
  • Liaising with Underwriters, Reserving, Finance and Claims departments
  • Advising and liaising with Brokers and Reinsurers
  • Calculating QPD returns for terrorism pools ie Pool Re, GAREAT
  • Calculating and monitoring aged debt
  • LORS and USM processing
  • Responsible for special projects as requested by RI Operations Manager
  • Involved in new system implementation if appropriate
  • Exception reporting
  • SOX Controls
  • Represent department in internal and external meetings

Skills, Knowledge & Abilities

  • Understanding of Lloyd’s and London market
  • 10 years’ experience in a ceded reinsurance role
  • Experience of working for both Lloyd’s and non-Lloyd’s platforms a bonus.
  • Ability to instruct and manage others
  • Experience and thorough understanding of ceded Reinsurance
  • Ability to communicate effectively
  • Ability and confidence to build internal/external relationships
  • Good working knowledge of Microsoft Office software
  • Good working knowledge of Subscribe, Senator and XLRAS

Personal Qualities

  • Continuously learning
  • Innovative
  • Collaborative
  • Accountable
  • Externally Focused
  • Capacity to Lead

Company Description

CNA Hardy is a leading specialist commercial insurance provider for clients within the Lloyd’s and company markets. We are part of CNA Financial Corp, the 8th largest U.S. commercial property and casualty insurance company. Established in 1897, CNA has approximately 7,000 employees, serving businesses and professionals in the U.S., Canada, Europe and Asia. We offer a wide range of products and services, providing a superior suite of insurance solutions that any organisation conducting business requires.

CNA Hardy is an equal opportunity employer.

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The Company

CNA Hardy is a leading specialist commercial insurance provider for clients within the Lloyd’s and company markets. We offer a highly specialised and comprehensive portfolio of innovative and market leading products. Coverage is available to businesses of all sizes for domestic, international and global exposures.

About Us

We are a leading specialist commercial insurance provider for clients of all sizes with both domestic and international exposures. Writing across both company and Lloyd\’s platforms offers our brokers the flexibility tofind the best solution for their clients in more than 200 countries and territories worldwide. Find out more about ourLloyd\’s Syndicate 382 .

Our clients trust us because we understand the risks they face. Our teams on the ground have the local expertise and authority to provide fast, effective solutions for our clients across our network of dedicated offices in Belgium, Denmark, France, Germany, Italy, the Netherlands and the UK (Birmingham, Glasgow, Manchester and London).

Whether it’s our expert underwriters, risk control engineers, claims managers or international solutions team, we work in partnership with our brokers to deliver our highly-specialised and comprehensive portfolio of innovative and market-leading products in response to emerging exposures and ever-changing needs.

CNA Hardy is part of CNA Financial Corp, one of the largest U.S. commercial property and casualty insurance companies. Trusted for more than 125 years, CNA provides a broad range of standard and specialised insurance products and services for over 1 million businesses and professionals across the U.S., Canada and Europe.

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Senior Reinsurance Technician employer: CNA

CNA Hardy is an exceptional employer located in the heart of London, offering a dynamic work environment that fosters collaboration and innovation. With a commitment to employee growth, we provide extensive training opportunities and support for career advancement within our global network. Our inclusive culture values diversity and encourages continuous learning, making it a rewarding place for professionals seeking to make a meaningful impact in the insurance industry.
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Contact Detail:

CNA Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Reinsurance Technician

✨Tip Number 1

Familiarise yourself with the specific software mentioned in the job description, such as Subscribe, Senator, and XLRAS. Having hands-on experience or even completing online tutorials can give you a significant edge during interviews.

✨Tip Number 2

Network within the Lloyd's and London market community. Attend industry events or join relevant online forums to connect with professionals who can provide insights or even refer you to opportunities at CNA Hardy.

✨Tip Number 3

Brush up on your knowledge of ceded reinsurance and Excess of Loss contracts. Being able to discuss recent trends or challenges in this area during your interview will demonstrate your expertise and genuine interest in the role.

✨Tip Number 4

Prepare to showcase your leadership skills, as the role involves managing others. Think of examples from your past experiences where you've successfully led a team or project, and be ready to share these during your discussions.

We think you need these skills to ace Senior Reinsurance Technician

Understanding of Lloyd's and London market
10 years' experience in a ceded reinsurance role
Experience with both Lloyd's and non-Lloyd's platforms
Ability to instruct and manage others
Thorough understanding of ceded reinsurance
Effective communication skills
Relationship-building skills
Good working knowledge of Microsoft Office software
Proficiency in Subscribe, Senator, and XLRAS
Analytical skills for calculating premium adjustments and recoverable claims
Project management skills for overseeing special projects
Attention to detail for accurate contract management
Ability to work collaboratively within teams
Capacity to lead and mentor junior staff
Adaptability to new systems and processes

Some tips for your application 🫡

Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Senior Reinsurance Technician position. Tailor your application to highlight relevant experience in ceded reinsurance and your understanding of the Lloyd's and London market.

Highlight Relevant Experience: In your CV and cover letter, emphasise your 10 years of experience in a ceded reinsurance role. Include specific examples of how you've managed Excess of Loss contracts or liaised with Underwriters and Brokers, as these are key aspects of the job.

Showcase Technical Skills: Make sure to mention your proficiency in Microsoft Office and any experience with Subscribe, Senator, and XLRAS. These technical skills are crucial for the role, so provide examples of how you've used them in previous positions.

Craft a Strong Cover Letter: Write a compelling cover letter that not only outlines your qualifications but also reflects your personal qualities such as being innovative, collaborative, and accountable. Show how these traits will benefit CNA Hardy and contribute to their team.

How to prepare for a job interview at CNA

✨Know Your Reinsurance Basics

Make sure you have a solid understanding of ceded reinsurance and the specific responsibilities outlined in the job description. Brush up on your knowledge of Excess of Loss contracts and the Facultative recovery procedure, as these will likely come up during the interview.

✨Familiarise Yourself with Relevant Software

Since the role requires good working knowledge of Subscribe, Senator, and XLRAS, it’s essential to be comfortable discussing your experience with these systems. If you haven’t used them before, consider researching their functionalities to demonstrate your willingness to learn.

✨Highlight Your Communication Skills

The ability to communicate effectively is crucial for this position. Prepare examples of how you've successfully liaised with underwriters, brokers, and other departments in previous roles. This will show that you can build strong internal and external relationships.

✨Showcase Your Leadership Experience

As a Senior Reinsurance Technician, you may need to instruct and manage others. Be ready to discuss your leadership style and provide examples of how you've led teams or projects in the past. This will help demonstrate your capacity to lead and collaborate effectively.

Senior Reinsurance Technician
CNA
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  • Senior Reinsurance Technician

    City of London
    Full-Time
    48000 - 72000 £ / year (est.)

    Application deadline: 2027-07-31

  • C

    CNA

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