At a Glance
- Tasks: Process reinsurance treaty accounts and manage claims with precision and efficiency.
- Company: Leading international insurance and reinsurance broker with a strong technical team.
- Benefits: Competitive salary, career development opportunities, and a collaborative work environment.
- Other info: Dynamic role with excellent long-term growth potential and supportive team culture.
- Why this job: Join a respected team and gain exposure to complex reinsurance business in the London Market.
- Qualifications: Experience in treaty processing and strong understanding of reinsurance procedures required.
The predicted salary is between 40000 - 50000 £ per year.
A leading international insurance and reinsurance broker is seeking an experienced Senior Reinsurance Treaty Technician to join its specialist Technical Services division. This position focuses on the technical processing and administration of proportional treaty accounts, premium adjustments, and Excess of Loss (XOL) claims, supporting brokers and clients across a varied reinsurance portfolio. The successful candidate will join a highly regarded technical team responsible for delivering accurate and efficient post-bind processing services to both internal and external stakeholders across the London Market. This role offers the opportunity to work within a collaborative and technically strong environment, supporting a broad range of treaty business lines while contributing to the continued delivery of high service standards.
Treaty Accounts Processing
- Process proportional treaty accounts in accordance with slip terms, market requirements, and internal procedures.
- Manage premium calculations, adjustments, and technical documentation accurately and within required timeframes.
- Prepare and process market documentation for submission to London Market bureaux systems.
- Maintain accurate records and ensure all documentation is electronically filed and tracked appropriately.
XOL Claims Administration
- Handle Excess of Loss (XOL) and proportional treaty claims processing activities.
- Monitor claims transactions and support the accurate settlement of recoveries.
- Liaise with brokers, underwriters, and market contacts regarding claims and technical queries.
Credit Control & Financial Monitoring
- Assist with premium and claims collections activities.
- Monitor outstanding balances and support credit control processes.
- Escalate aged debt or unresolved issues where appropriate.
Broker & Operational Support
- Provide technical support to broking teams across treaty business lines.
- Assist with reporting, workflow monitoring, and management information requirements.
- Contribute to maintaining service standards and operational efficiencies across the team.
- Support wider team activities and assist with ad hoc technical duties where required.
Candidate Profile
- Previous experience within treaty technical processing gained from a broker, insurer, or bureau environment.
- Strong understanding of proportional treaty accounts and reinsurance processing procedures.
- Knowledge of reinsurance premiums, claims handling, and credit control processes.
- Familiarity with Excess of Loss (XOL) and proportional treaty business.
- Good understanding of Lloyd’s and London Market operations and procedures.
- Exposure to London Market systems such as OpenTWINS or similar platforms preferred.
- Cert CII qualification or equivalent industry experience advantageous.
Skills & Attributes
- Strong attention to detail and high levels of accuracy.
- Well organised with the ability to manage competing priorities effectively.
- Confident communicator with strong stakeholder management skills.
- Proficient across Microsoft Office applications including Excel, Word, and Outlook.
- Understanding of FCA and regulatory requirements relevant to the role.
- Ability to work both independently and collaboratively within a technical team environment.
Opportunity
This is an excellent opportunity to join a well-established and respected reinsurance operation, offering exposure to complex treaty business within a highly experienced technical services environment. The role provides strong long-term development potential alongside the opportunity to work closely with brokers, underwriters, and market professionals across the London Market.
Reinsurance Treaty Technician employer: Harrison Holgate
Join a leading international insurance and reinsurance broker that prides itself on fostering a collaborative and technically proficient work culture. As a Senior Reinsurance Treaty Technician, you will benefit from extensive professional development opportunities while working alongside industry experts in the heart of the London Market. With a commitment to high service standards and operational efficiency, this role offers a rewarding environment for those looking to make a meaningful impact in the reinsurance sector.
StudySmarter Expert Advice🤫
We think this is how you could land Reinsurance Treaty Technician
✨Tip Number 1
Network like a pro! Reach out to industry professionals on LinkedIn or attend local events. We all know that sometimes it’s not just what you know, but who you know that can help you land that dream job.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. We recommend practising common interview questions and having your own questions ready. This shows you’re genuinely interested and helps you stand out from the crowd.
✨Tip Number 3
Follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. We suggest mentioning something specific from your conversation to make it personal and memorable.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities waiting for you, and applying directly can sometimes give you an edge. Plus, it’s super easy to navigate!
We think you need these skills to ace Reinsurance Treaty Technician
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the specific skills and experiences mentioned in the job description. Highlight your previous experience with treaty technical processing and any relevant qualifications, like Cert CII, to catch our eye!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for the Senior Reinsurance Treaty Technician role. Mention your understanding of proportional treaty accounts and how you can contribute to our team's success.
Showcase Your Attention to Detail:Since accuracy is key in this role, make sure to demonstrate your attention to detail in your application. Whether it's through your CV formatting or the way you present your experiences, we want to see that you take pride in your work!
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 at StudySmarter!
How to prepare for a job interview at Harrison Holgate
✨Know Your Treaty Accounts
Make sure you brush up on your knowledge of proportional treaty accounts and the specific processes involved. Be ready to discuss how you've managed premium calculations and adjustments in previous roles, as this will show your understanding of the technical aspects required for the position.
✨Familiarise Yourself with XOL Claims
Since the role involves handling Excess of Loss claims, it’s crucial to understand the claims processing activities. Prepare examples from your past experience where you successfully monitored claims transactions or liaised with brokers and underwriters, as this will demonstrate your hands-on expertise.
✨Showcase Your Organisational Skills
This position requires strong organisational abilities, so be prepared to discuss how you manage competing priorities. Think of specific instances where you maintained accurate records and ensured timely processing of documentation, as this will highlight your attention to detail.
✨Communicate Confidently
As a confident communicator, you’ll need to engage with various stakeholders. Practice articulating your thoughts clearly and concisely, especially when discussing technical queries or operational support. This will help you convey your strong stakeholder management skills during the interview.