Senior Reinsurance Analyst

Senior Reinsurance Analyst

Full-Time 48000 - 72000 £ / year (est.) No home office possible
Harrison Holgate

At a Glance

  • Tasks: Support Reinsurance Manager in post-purchase operations and manage claims processes.
  • Company: Join a leading Lloyd's Managing Agency with a strong reputation.
  • Benefits: Enjoy a hybrid work model, competitive salary, and professional growth opportunities.
  • Why this job: Dive into diverse reinsurance classes and make a real impact in the industry.
  • Qualifications: Strong technical knowledge in reinsurance and data interpretation skills required.
  • Other info: Dynamic role with opportunities to work on various classes of business.

The predicted salary is between 48000 - 72000 £ per year.

Our client, a Lloyd's Managing Agency, have a new opening for a Senior Reinsurance Technician/Analyst. You will support the Reinsurance Manager in all aspects of post purchase Reinsurance operations. You will handle all aspects of reinsurance, including Proportional Treaty, Excess of Loss and Facultative RI business. Classes of business will include Property, Crisis Management, Energy, Financial Lines, Marine, Political Risk and Terrorism. The successful applicant will have a strong reinsurance technical knowledge and ideally be able to interpret reinsurance data. A knowledge of LORS will be useful. This will be a hybrid role.

Duties and Responsibilities

  • Support Reinsurance Operations Manager data gathering and pack building process for Reinsurance placements
  • Manage the claims booking process.
  • Manage the reinsurance facultative process
  • Operate and process the reinsurance claim areas involvement in the month end process
  • Operate and produce large loss Ultimate recoveries to the relevant RI programme for the reserving process.
  • Ensure accurate and timely advising of losses to reinsurers.
  • Monitor reinsurance collections to ensure prompt settlement.

Senior Reinsurance Analyst employer: Harrison Holgate

As a leading Lloyd's Managing Agency, we pride ourselves on fostering a collaborative and innovative work environment that empowers our employees to excel in their roles. Our hybrid working model offers flexibility, while our commitment to professional development ensures that you will have ample opportunities for growth and advancement within the reinsurance sector. Join us to be part of a dynamic team that values expertise and encourages meaningful contributions to the industry.
Harrison Holgate

Contact Detail:

Harrison Holgate Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Reinsurance Analyst

✨Tip Number 1

Network like a pro! Reach out to industry contacts on LinkedIn or at events. We all know that sometimes it’s not just what you know, but who you know that can help you land that Senior Reinsurance Analyst role.

✨Tip Number 2

Prepare for interviews by brushing up on your reinsurance knowledge. Make sure you can discuss Proportional Treaty and Excess of Loss confidently. We want you to shine when they ask about your experience with different classes of business!

✨Tip Number 3

Don’t forget to follow up after interviews! A quick thank-you email can go a long way in showing your enthusiasm for the role. We believe it helps keep you top of mind for the hiring manager.

✨Tip Number 4

Apply through our website! It’s the best way to ensure your application gets seen. Plus, we’re always looking for talented individuals like you to join our team in the reinsurance space.

We think you need these skills to ace Senior Reinsurance Analyst

Reinsurance Technical Knowledge
Data Interpretation
Proportional Treaty Management
Excess of Loss Management
Facultative Reinsurance Processing
Claims Booking Management
Large Loss Recovery Analysis
Loss Advising to Reinsurers
Reinsurance Collections Monitoring
Knowledge of LORS
Attention to Detail
Communication Skills
Project Management

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Senior Reinsurance Analyst role. Highlight your experience with reinsurance operations, especially in areas like Proportional Treaty and Excess of Loss. We want to see how your skills match what we're looking for!

Showcase Your Technical Knowledge: Don’t forget to showcase your strong technical knowledge in reinsurance. If you’ve worked with LORS or have experience interpreting reinsurance data, make it stand out! This is your chance to show us you know your stuff.

Be Clear and Concise: When writing your application, keep it clear and concise. Use bullet points where possible to make it easy for us to read. We appreciate straightforward communication, so get to the point while still showing your personality!

Apply Through Our Website: Finally, make sure to apply through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. We can’t wait to see what you bring to the table!

How to prepare for a job interview at Harrison Holgate

✨Know Your Reinsurance Inside Out

Make sure you brush up on your reinsurance technical knowledge, especially around Proportional Treaty, Excess of Loss, and Facultative RI business. Be ready to discuss specific examples from your past experience that demonstrate your understanding of these concepts.

✨Familiarise Yourself with LORS

Since a knowledge of LORS is mentioned as useful, take some time to understand how it works and its relevance in the reinsurance process. If you can, prepare to share how you've used LORS in previous roles or how you would approach learning it quickly.

✨Prepare for Data Interpretation Questions

Given the emphasis on interpreting reinsurance data, practice explaining complex data sets clearly and concisely. Think about how you can showcase your analytical skills and provide examples of how you've successfully managed data in past roles.

✨Show Your Team Spirit

This role involves supporting the Reinsurance Operations Manager, so be prepared to discuss how you work collaboratively in a team. Share examples of how you've contributed to team success in previous positions, especially in hybrid working environments.

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