At a Glance
- Tasks: Manage reinsurance recoveries and support the wider reinsurance function.
- Company: Join a dynamic Lloyd's syndicate with a collaborative team culture.
- Benefits: Gain valuable experience in a fast-paced environment with potential for growth.
- Other info: This is a 12-month fixed-term contract with opportunities for professional development.
- Why this job: Perfect for detail-oriented individuals looking to make an impact in reinsurance.
- Qualifications: Strong understanding of reinsurance processes and excellent communication skills required.
The predicted salary is between 36000 - 60000 £ per year.
3 days ago Be among the first 25 applicants
Direct message the job poster from Eames Consulting
We’re currently working with a Lloyd’s syndicate on the appointment of two Outwards Reinsurance Technician’s for a 12-month fixed-term contract. This role will focus on managing reinsurance recoveries across excess of loss, proportional, and facultative accounts, as well as supporting the wider reinsurance function.
Key Responsibilities
- Administer recoveries, premium adjustments, profit commission, and NCB calculations.
- Issue, track, and reconcile collection notes in line with contract terms.
- Handle collection and payment processes, including aged debt management.
- Prepare risk and claims bordereaux and renewal presentations.
- Respond to broker and reinsurer queries promptly.
- Maintain accurate reinsurance records in internal systems.
- Review work from external service providers and produce management reports.
What We’re Looking For
- Strong understanding of reinsurance processes.
- Excellent attention to detail and organisational skills.
- Confident communicator with stakeholders at all levels.
This is an excellent opportunity to join a busy, collaborative team and contribute to the smooth delivery of our client’s reinsurance operations.
Seniority level
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Seniority level
Mid-Senior level
Employment type
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Employment type
Contract
Job function
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Job function
General Business
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Industries
Insurance
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Reinsurance Technician (12 Month FTC) in London employer: Eames Consulting
Join a well-respected syndicate that values expertise and fosters a collaborative work culture, making it an excellent employer for Senior Claims Adjusters. With a focus on employee growth and development, you will have the opportunity to manage a diverse portfolio of complex claims while working alongside industry leaders in a dynamic London Market environment. Enjoy competitive benefits and a supportive atmosphere that encourages professional advancement and meaningful contributions to the team.
StudySmarter Expert Advice🤫
We think this is how you could land Reinsurance Technician (12 Month FTC) in London
✨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.
✨Use LinkedIn to Your Advantage
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 Eames Consulting). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨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 Eames Consulting. 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 (12 Month FTC) in London
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 Eames Consulting.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Eames Consulting. 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 Eames Consulting
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Eames Consulting 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 Eames Consulting, 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 Eames Consulting'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.
