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For Companies At a Glance
- Tasks: Manage reinsurance contracts and support colleagues while resolving queries.
- Company: Join a dynamic team focused on innovative reinsurance solutions.
- Benefits: Enjoy hybrid work options, professional development, and a vibrant culture.
- Why this job: Make an impact by mentoring others and building strong client relationships.
- Qualifications: Strong knowledge of reinsurance concepts and excellent communication skills required.
- Other info: Opportunity to lead training sessions and work in a supportive environment.
The predicted salary is between 43200 - 72000 £ per year.
Job Description
As an experienced Reinsurance Technician this is an ideal opportunity for you to utilise your knowledge and to assist other colleagues.
You will play a crucial role in managing and calculating pro-rata allocations for various Reinsurance contracts using your experience across a range of areas and portfolios including XOL, Treaty or Facultative.
You'll maintain strong relationships with Brokers, Clients, and Markets while also understanding issues, resolving problems and queries.
This is a hybrid role where you will be able to work both from home and the office.
As a Senior Reinsurance Technician your responsibilities will include:
- Manage the client support activities, including governance and compliance.
- Calculate and allocate pro-rata premiums and claims for reinsurance contracts.
- Support, assist and provide guidance to less experienced colleagues as needed including leading training sessions.
To be a successful Senior Reinsurance Technician you will demonstrate:
- Strong knowledge of Reinsurance concepts, ideally including treaty and facultative Reinsurance, proportional and non-proportional structures.
- Successful client management and relationship building.
- Strong verbal and written communication skills with clients, markets, and colleagues at all levels.
- A positive attitude, willingness to offer and deliver ideas and solutions.
- Excellent analytical and problem-solving skills, able to interpret complex Reinsurance contracts and resolve discrepancies.
- Consistent guidance through mentoring and/or training colleagues.
You will also benefit from:
- Professional development opportunities, interesting work and supportive environment
- Vibrant culture, working with talented colleagues to create new solutions
Senior Reinsurance Technician employer: Employment Specialists Ltd
Contact Detail:
Employment Specialists Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Reinsurance Technician
✨Tip Number 1
Network with professionals in the reinsurance industry. Attend relevant events or webinars where you can meet potential colleagues and industry leaders. Building these connections can give you insights into the company culture and may even lead to referrals.
✨Tip Number 2
Familiarise yourself with the latest trends and developments in reinsurance, particularly in treaty and facultative structures. This knowledge will not only help you during interviews but also demonstrate your commitment to staying updated in the field.
✨Tip Number 3
Prepare to discuss specific examples from your past experience that showcase your analytical and problem-solving skills. Think of scenarios where you've successfully managed client relationships or resolved complex issues, as these will be key points of interest for the hiring team.
✨Tip Number 4
Showcase your mentoring abilities by preparing to discuss how you've supported less experienced colleagues in the past. Highlight any training sessions you've led or guidance you've provided, as this aligns well with the responsibilities of the Senior Reinsurance Technician role.
We think you need these skills to ace Senior Reinsurance Technician
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in reinsurance, particularly with pro-rata allocations, treaty, and facultative structures. Use specific examples to demonstrate your analytical skills and client management experience.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and how your background aligns with the responsibilities outlined in the job description. Mention your ability to mentor colleagues and your strong communication skills.
Showcase Relevant Experience: When detailing your work history, focus on roles where you managed client relationships or calculated premiums and claims. Highlight any training sessions you've led or mentoring you've provided to less experienced colleagues.
Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial in the reinsurance field.
How to prepare for a job interview at Employment Specialists Ltd
✨Showcase Your Reinsurance Knowledge
Make sure to brush up on your understanding of reinsurance concepts, especially treaty and facultative structures. Be prepared to discuss specific examples from your experience that demonstrate your expertise in managing pro-rata allocations and resolving discrepancies.
✨Demonstrate Client Management Skills
Highlight your experience in building and maintaining strong relationships with brokers, clients, and markets. Prepare to share instances where you successfully managed client queries or issues, showcasing your communication skills and ability to resolve problems effectively.
✨Emphasise Team Leadership and Mentoring
Since the role involves supporting and guiding less experienced colleagues, be ready to discuss your mentoring experiences. Share how you've led training sessions or provided support to team members, illustrating your leadership qualities and willingness to help others grow.
✨Prepare for Analytical Challenges
Expect to face questions that assess your analytical and problem-solving skills. Be prepared to interpret complex reinsurance contracts and explain how you would approach resolving discrepancies. Practising these scenarios beforehand can give you an edge during the interview.
