At a Glance
- Tasks: Manage client portfolios and handle technical duties in reinsurance.
- Company: Join Guy Carpenter, a leader in the reinsurance sector with a vibrant culture.
- Benefits: Enjoy professional development, a supportive team, and a range of career opportunities.
- Other info: Hybrid working model with a focus on inclusivity and support for all.
- Why this job: Make an impact in a dynamic environment while learning about reinsurance.
- Qualifications: Experience in insurance/reinsurance and strong Excel skills are essential.
The predicted salary is between 35000 - 45000 £ per year.
We are seeking a talented individual to join our Client Services Support team at Guy Carpenter. This role will be based in Witham and requires a hybrid working arrangement with a minimum of three days per week in the office.
Responsibilities
- Manage an assigned client portfolio, taking full responsibility of technical duties relating to client accounts, premiums and claims.
- Work with Market Fiduciary to assist with collection of funds.
- Manage all XOL post, brokerage receivables, funding, retention, e-trading, ad hoc reporting requests, and all transactional process steps.
- Promote, build and maintain relationships with Brokers, Clients and Markets.
- Participate in training sessions, and provide input within the team and/or department for all aspects of reinsurance service processing to assist with troubleshooting.
Qualifications
- Insurance/Reinsurance Premium/Claims experience, i.e.; handling cash loss/large loss and a desire to move into the Reinsurance sector.
- Competent Excel skills and proficiency in Microsoft Office Applications.
- Willingness to learn and develop knowledge of technical account structure.
- Successful management of workload; with an ability to manage expectations.
Additional Qualifications
- Reinsurance Claims experience.
- Experience within Excess of Loss (XOL).
- Experience of working in a technical capacity for a Broker.
- Experience of using London Market systems such as LORS and the IMR (Insurance Market Repository).
- Knowledge of CLASS system is useful for review of London market queries.
- Knowledge of Letters Of Credit and the Citibank process.
Benefits
- Professional development opportunities, interesting work and supportive leaders.
- Vibrant and inclusive culture with talented colleagues to create new solutions and have impact for colleagues, clients and communities.
- Range of career opportunities, as well as benefits and rewards to enhance well-being.
We are an equal opportunities employer. We are committed to providing reasonable adjustments in accordance with applicable law to any candidate with a disability to allow them to fully participate in the recruitment process. If you have a disability that may require reasonable adjustments, please contact us at reasonableaccommodations@mmc.com.
Reinsurance Technician - XOL in Witham employer: Dormont Manufacturing Co
At Guy Carpenter, we pride ourselves on being an excellent employer, offering a vibrant and inclusive culture that fosters professional development and collaboration. Located in Witham, our hybrid working model allows for flexibility while ensuring you are part of a supportive team dedicated to creating impactful solutions for clients and communities. With a focus on employee growth and a commitment to well-being, we provide a range of career opportunities and benefits that make working with us both meaningful and rewarding.
StudySmarter Expert Advice🤫
We think this is how you could land Reinsurance Technician - XOL in Witham
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
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Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Dormont Manufacturing Co). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
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✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Dormont Manufacturing Co. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Reinsurance Technician - XOL in Witham
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Dormont Manufacturing Co.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Dormont Manufacturing Co. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Dormont Manufacturing Co
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Dormont Manufacturing Co to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Dormont Manufacturing Co, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Dormont Manufacturing Co's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
