At a Glance
- Tasks: Manage client portfolios and support reinsurance processes with accuracy and efficiency.
- Company: Join Guy Carpenter, a leader in the reinsurance industry with a vibrant culture.
- Benefits: Enjoy professional development, flexible hybrid work, and a supportive team environment.
- Other info: Diverse and inclusive workplace with excellent career growth opportunities.
- Why this job: Make an impact in the reinsurance sector while working with talented colleagues.
- Qualifications: Proven experience in reinsurance, especially Excess of Loss, and strong Excel skills.
The predicted salary is between 45000 - 55000 € per year.
We are seeking an experienced individual to join our Client Services Support team at Guy Carpenter. This role will be based in Witham and is a hybrid role that requires working at least three days a week in the office.
As a Senior XOL Technician, you will support our client base through transactional processing, securing reinsurance recoveries through timely and accurate system entry. For this role, you will need to have proven Reinsurance experience, specifically within Excess of Loss.
We will count on you to:
- 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.
What you need to have:
- Insurance/Reinsurance Premium/Claims experience, ie; 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.
What makes you stand out:
- 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.
Why join our team:
We help you be your best through professional development opportunities, interesting work and supportive leaders. We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities. Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being. We are committed to embracing a diverse, inclusive and flexible work environment.
We aim to attract and retain the best people and embrace diversity of age background, civil partnership status, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law. 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.
Marsh is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one "anchor day" per week on which their full team will be together in person.
Senior Reinsurance Technician (XOL) in Essex employer: Guy Carpenter
At Guy Carpenter, we pride ourselves on being an exceptional employer, offering a vibrant and inclusive work culture that fosters professional growth and collaboration. Located in Witham, our hybrid working model allows for flexibility while ensuring meaningful connections with talented colleagues. We are dedicated to supporting your career development through diverse opportunities and a commitment to employee well-being, making us an ideal choice for those seeking a rewarding role in the reinsurance sector.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Reinsurance Technician (XOL) in Essex
✨Network Like a Pro
Get out there and connect with people in the reinsurance industry! Attend events, join online forums, and don’t be shy about reaching out to professionals on LinkedIn. Building relationships can open doors that a CV just can’t.
✨Show Off Your Skills
When you get the chance to chat with potential employers, make sure to highlight your experience with Excess of Loss and any relevant systems like LORS or CLASS. We want to see how your skills can directly benefit our team!
✨Prepare for the Interview
Do your homework on Guy Carpenter and the role of a Senior XOL Technician. Be ready to discuss how you can manage client portfolios and handle claims effectively. We love candidates who come prepared and show genuine interest!
✨Apply Through Our Website
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows us you’re serious about joining our awesome team at Guy Carpenter.
We think you need these skills to ace Senior Reinsurance Technician (XOL) in Essex
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights your Reinsurance experience, especially in Excess of Loss. We want to see how your skills match the role, so don’t be shy about showcasing your relevant achievements!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re passionate about joining our Client Services Support team and how your background makes you the perfect fit for the Senior XOL Technician role.
Show Off Your Excel Skills:Since competent Excel skills are a must, consider including specific examples of how you've used Excel in your previous roles. We love seeing practical applications of your skills!
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 this exciting opportunity with StudySmarter!
How to prepare for a job interview at Guy Carpenter
✨Know Your Reinsurance Stuff
Make sure you brush up on your knowledge of Excess of Loss (XOL) and the specific processes involved. Be ready to discuss your previous experience in handling cash loss and large loss claims, as this will show that you understand the technicalities of the role.
✨Excel at Excel
Since you'll need competent Excel skills, practice using functions and formulas that are relevant to data analysis and reporting. Bring examples of how you've used Excel in past roles to streamline processes or manage client portfolios.
✨Build Rapport with Brokers
Demonstrate your ability to build and maintain relationships by preparing examples of how you've successfully collaborated with brokers and clients in the past. This will highlight your interpersonal skills and show that you're a team player.
✨Prepare for Technical Questions
Expect questions about London Market systems like LORS and IMR. Familiarise yourself with these systems and be ready to explain how you've used them in your previous roles. This will show that you're not just knowledgeable but also adaptable to their specific tools.
