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- Tasks: Oversee technical processes and manage documentation for reinsurance contracts.
- Company: Established reinsurance broker with a focus on innovation and efficiency.
- Benefits: Competitive salary, career development opportunities, and a dynamic work environment.
- Other info: Opportunity to build and train your own team in a growing sector.
- Why this job: Be a key player in shaping the future of reinsurance processing.
- Qualifications: Experience in insurance/reinsurance systems and team leadership skills.
The predicted salary is between 60000 - 75000 £ 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 in London employer: Davies Group
Contact Detail:
Davies Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Insurance / Reinsurance Processing Manager in London
✨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 those interviews! Research the company and its culture, and think about how your experience with systems like XChanging or PPL can add value. We want you to showcase your skills confidently and demonstrate how you can lead and train a team effectively.
✨Tip Number 3
Follow up after interviews! A quick thank-you email can go a long way. It shows your enthusiasm for the role and keeps you fresh in their minds. We believe that a little courtesy can make a big difference in the hiring process.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we’re always on the lookout for passionate candidates who are ready to take on challenges in the reinsurance world.
We think you need these skills to ace Insurance / Reinsurance Processing Manager in London
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 concise. Avoid jargon unless it's relevant to the role. We appreciate straightforward communication, especially since you'll be liaising with various stakeholders in this position.
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’re considered for the role. Plus, it’s super easy—just a few clicks and you’re done!
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 experience. Think of specific situations where you successfully managed a team or resolved conflicts, as this will demonstrate your capability to lead effectively.
✨Prepare for Technical Questions
Expect questions that dive deep into the technical aspects of reinsurance. Prepare to explain how you would handle documentation, premiums, and claims payments. Practising these scenarios can help you articulate your thought process clearly during the interview.
✨Communication is Key
As you'll be liaising with various stakeholders, highlight your communication skills. Be ready to discuss how you’ve effectively communicated with brokers, underwriters, and clients in the past, and how you plan to ensure smooth communication in this new role.