At a Glance
- Tasks: Draft and review reinsurance contracts while supporting brokers and clients.
- Company: Join a top Marine & Energy Reinsurance team in the London Market.
- Benefits: Collaborative environment with opportunities for growth and development.
- Other info: Open to diverse backgrounds; ideal for those passionate about contract wordings.
- Why this job: Make an impact in a dynamic field with evolving market practices.
- Qualifications: Experience in reinsurance or related fields with strong analytical skills.
The predicted salary is between 50000 - 65000 £ per year.
An exciting opportunity has arisen to join one of the most successful and respected Marine & Energy Reinsurance teams in the London Market. Working within a specialist division, you will become part of a highly collaborative and technically focused team supporting complex international reinsurance placements. Reporting directly to the Head of Account Management, you will play a critical role in the drafting, review and management of reinsurance documentation, supporting brokers, clients and markets throughout the placement lifecycle.
The business is open-minded regarding background and is keen to attract individuals with a genuine interest in contractual wordings, whether gained within a broker, insurer, syndicate, legal, compliance or technical reinsurance environment.
Responsibilities- Draft, review and produce a variety of reinsurance contracts and associated documentation.
- Analyse contractual language and identify potential coverage, technical or contractual issues.
- Support brokers and account management colleagues with contract-related queries throughout the placement process.
- Liaise with key stakeholders to ensure documentation is accurate and contract certainty requirements are met.
- Review and interpret market clauses and contractual provisions, making recommendations where appropriate.
- Ensure all documentation adheres to internal governance procedures, regulatory requirements and London Market standards.
- Maintain awareness of evolving market practices, regulatory developments and emerging trends impacting reinsurance contract wordings.
We are interested in speaking with individuals who possess a strong technical mindset and a genuine interest in contract construction and wordings. Suitable backgrounds may include:
- Reinsurance Wordings Technician.
- Reinsurance Technician with exposure to contract wordings.
- Account Management or Broking Support professional with reinsurance documentation experience.
- Legal professional working within the insurance sector.
- Insurance Compliance professional with contractual or regulatory exposure.
- Technical Underwriting or Operations professional with experience reviewing insurance contracts.
- Reinsurance market experience is essential.
- Marine & Energy experience is advantageous but not essential.
- Strong attention to detail and analytical skills.
- Ability to interpret and understand contractual language.
- Excellent communication and stakeholder management skills.
- A genuine appetite to develop within a specialist wordings function.
Reinsurance Wordings Technician in London employer: Gravitas Recruitment Group (Global) Ltd
Join a leading Marine & Energy Reinsurance team in the heart of London, where collaboration and technical expertise thrive. Our supportive work culture fosters professional growth, offering opportunities to develop your skills in drafting and managing complex reinsurance documentation. With a commitment to innovation and excellence, we provide a dynamic environment that values diverse backgrounds and encourages meaningful contributions to the reinsurance landscape.
Contact Details:
Gravitas Recruitment Group (Global) Ltd Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Reinsurance Wordings Technician in London
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We think you need these skills to ace Reinsurance Wordings Technician 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 Gravitas Recruitment Group (Global) Ltd.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Gravitas Recruitment Group (Global) Ltd. 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 Gravitas Recruitment Group (Global) Ltd
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Gravitas Recruitment Group (Global) Ltd to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
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✨Prepare for Behavioural Questions
As a full-timer at Gravitas Recruitment Group (Global) Ltd, 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 Gravitas Recruitment Group (Global) Ltd'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.
