At a Glance
- Tasks: Support and enhance ceded reinsurance operations with detailed data analysis.
- Company: A growing specialist insurer with a focus on innovation and process improvement.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Opportunity for career growth and visibility in a collaborative setting.
- Why this job: Join a team where your analytical skills can drive real change in the insurance industry.
- Qualifications: Experience in ceded reinsurance, strong Excel skills, and attention to detail.
The predicted salary is between 55000 - 70000 £ per year.
A specialist insurer is looking for a Senior Ceded Reinsurance Analyst to support the delivery and development of its outward reinsurance operations. This role would suit someone with strong experience across ceded reinsurance, reinsurance accounting, bordereaux, reconciliations and reporting, who enjoys working with detailed data and improving processes.
You will support the administration of reinsurance arrangements, including premium and loss reporting, recoverables, bordereaux, reconciliations, documentation and financial reporting activity. You will also work closely with underwriting, claims, finance and reinsurance teams to ensure information is accurate, complete and applied correctly across systems. There will also be scope to help improve workflows, controls, reporting and data quality across the function.
Key responsibilities will include:
- Supporting the administration of ceded reinsurance arrangements across premium, loss and recoverable activity
- Preparing and reviewing bordereaux, billings, reconciliations and related reporting
- Ensuring reinsurance data is accurately captured and maintained across systems
- Supporting close activity, balance reconciliations and financial reporting requirements
- Working with internal teams to resolve queries around contract application, coding, documentation and reporting
- Liaising with external reinsurance partners and brokers where required
- Maintaining accurate records and audit-ready documentation
- Identifying opportunities to improve processes, controls, reporting and data quality
- Supporting ad hoc analysis, projects and internal/external information requests
Key experience required:
- Ceded reinsurance operations, reinsurance accounting or technical insurance operations experience
- Strong knowledge of bordereaux, reconciliations, billings, recoverables and reporting
- Understanding of treaty and/or facultative reinsurance arrangements
- Experience supporting close processes, financial reporting or accounting activity
- Strong Excel, data analysis and problem-solving skills
- Excellent attention to detail and ability to work accurately with complex information
- Confident stakeholder management across internal teams and external partners
- Experience within delegated authority, MGA, programme business or specialty insurance would be advantageous
This is a great opportunity to join a growing specialist insurance environment in a role with strong visibility, technical variety and the chance to contribute to process improvement.
Please get in touch for a confidential conversation to find out more.
Senior Ceded Reinsurance Analyst employer: Eames Consulting
Join a dynamic specialist insurer that values innovation and collaboration, offering a supportive work culture where your expertise in ceded reinsurance can truly shine. With a focus on employee growth, you will have access to continuous development opportunities and the chance to enhance workflows and data quality within a thriving team. Located in a vibrant area, this role not only provides meaningful work but also the unique advantage of being part of a company that prioritises its employees' well-being and professional advancement.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Ceded Reinsurance Analyst
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry, especially those involved in reinsurance. A friendly chat can lead to insider info about job openings or even referrals.
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge. Be ready to discuss your experience with ceded reinsurance, bordereaux, and reconciliations. We want you to shine when it comes to showcasing your skills!
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation. It keeps you fresh in their minds and shows your enthusiasm for the role.
✨Tip Number 4
Check out our website for the latest job openings! Applying directly through us not only gives you access to exclusive roles but also shows your commitment to joining our team in the specialist insurance sector.
We think you need these skills to ace Senior Ceded Reinsurance Analyst
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights your experience in ceded reinsurance and related areas. We want to see how your skills match the job description, so don’t be shy about showcasing your expertise in bordereaux, reconciliations, and reporting.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re passionate about the role and how your background makes you a perfect fit. We love seeing candidates who can connect their experience with our needs.
Show Off Your Data Skills:Since this role involves working with detailed data, make sure to mention your strong Excel and data analysis skills. We’re looking for someone who can handle complex information accurately, so give us examples of how you’ve done this in the past.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at Eames Consulting
✨Know Your Numbers
Make sure you brush up on your knowledge of ceded reinsurance, bordereaux, and reconciliations. Be prepared to discuss specific examples from your past experience where you've successfully managed these areas. This will show that you not only understand the concepts but can also apply them effectively.
✨Showcase Your Process Improvement Skills
Since the role involves improving workflows and data quality, think of instances where you've identified inefficiencies and implemented changes. Be ready to share these stories during the interview to demonstrate your proactive approach and problem-solving abilities.
✨Excel at Excel
Given the emphasis on strong Excel skills, make sure you're comfortable discussing how you've used Excel for data analysis and reporting in previous roles. If possible, bring along examples or be prepared to talk through your process for handling complex data sets.
✨Engage with Stakeholders
This position requires confident stakeholder management, so think about how you've collaborated with internal teams and external partners in the past. Prepare to discuss how you resolved queries and ensured accurate information flow, as this will highlight your communication skills and teamwork.
