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- Tasks: Oversee technical operations and manage reinsurance documentation efficiently.
- Company: Established reinsurance broker with a focus on innovation and team growth.
- Benefits: Competitive salary, career development opportunities, and a dynamic work environment.
- Other info: Opportunity to build and train your own team in a supportive setting.
- Why this job: Be a key player in shaping the future of reinsurance processes.
- Qualifications: Experience in insurance/reinsurance systems and team leadership skills.
The predicted salary is between 50000 - 65000 £ per year.
An established reinsurance broker is looking to recruit a Processing Manager to oversee the technical side of the business, as well as enabling them to bring various technical functions in-house. The role is critical to ensuring the accurate and efficient handling of technical and administrative aspects of reinsurance processes.
You will be responsible for managing documentation relating to reinsurance contracts, including slips, endorsements and bordereaux. In addition, there will be the requirement to process and reconcile premiums and claims payments between brokers, insurers and reinsurers, whilst liaising with brokers, underwriters, clients and reinsurers to resolve queries and ensure smooth communication.
As this will be the first incumbent in this capacity, the new hire will be tasked with hiring and training further members of the team in the short to medium term, so previous team leader / managing experience is key.
To be considered for this role, it is essential that you have solid experience with insurance / reinsurance systems (e.g. XChanging, PPL, IBS etc) and have experience working within the support team / technical team within a reinsurance or insurance brokerage previously. The ideal candidate will have a strong background in reinsurance and a passion for delivering high-quality support to brokers.
Insurance / Reinsurance Processing Manager employer: Davies Group
Contact Detail:
Davies Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Insurance / Reinsurance Processing Manager
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance and reinsurance sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. We all know that sometimes it’s not just what you know, but who you know!
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge. Make sure you can confidently discuss reinsurance systems like XChanging or PPL. We want you to shine when they ask about your experience with documentation and claims processing!
✨Tip Number 3
Showcase your leadership skills! Since this role involves hiring and training, be ready to share examples of how you've successfully managed teams in the past. We believe that demonstrating your ability to lead will set you apart from the competition.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search. Let’s get you that Processing Manager role!
We think you need these skills to ace Insurance / Reinsurance Processing Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the role of Processing Manager. Highlight your experience with insurance and reinsurance systems, as well as any team leadership roles you've held. We want to see how your background aligns with what we're looking for!
Showcase Your Skills: In your cover letter, don’t just list your skills—show us how you’ve used them in real situations. Talk about your experience managing documentation and resolving queries, as these are key aspects of the role. We love a good story that demonstrates your expertise!
Be Clear and Concise: When writing your application, keep it clear and to the point. Use straightforward language and avoid jargon unless it's relevant to the role. We appreciate clarity, especially when it comes to technical processes in reinsurance!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you get all the updates directly from us. Plus, it shows you're keen on joining our team at StudySmarter!
How to prepare for a job interview at Davies Group
✨Know Your Reinsurance Stuff
Make sure you brush up on your knowledge of reinsurance processes and systems like XChanging, PPL, and IBS. Being able to discuss these confidently will show that you’re not just familiar with the technical side but also passionate about it.
✨Showcase Your Leadership Skills
Since this role involves hiring and training a team, be prepared to share examples of your previous leadership experiences. Talk about how you’ve successfully managed teams in the past and what strategies you used to motivate and develop your team members.
✨Prepare for Technical Questions
Expect questions that dive deep into the technical aspects of reinsurance. Think about scenarios where you had to handle documentation, reconcile payments, or resolve queries. Practising these responses will help you articulate your experience clearly.
✨Communicate Effectively
As the role requires liaising with various stakeholders, demonstrate your communication skills during the interview. Be clear and concise in your answers, and don’t hesitate to ask clarifying questions if you need more information about what’s being asked.