New Vacancy: Reinsurance Technician
Lloyd's Syndicate
City of London
I am currently partnered with a leading Lloyd's Syndicate who are seeking a Reinsurance Technician to join their growing team.
This role will be assisting with all reinsurance operations and accounting processes including; loss reports, updating databases, and much more.
My client is looking with 1/2+ years within a Reinsurance Technician related role, from either the Syndicate or Broking side, would be a great opportunity for a trainee to step up and take on more responsibility.
Key Responsibilities
- Assist with the preparation and production of monthly reinsurance claims collection reports and associated advices, ensuring recoveries are accurately identified, monitored and communicated.
- Support the preparation and delivery of management information (MI), providing accurate and timely reporting to relevant internal stakeholders.
- Undertake monthly reconciliations of reinsurance reports and data to support the requirements of the Finance and Actuarial departments, investigating and resolving any discrepancies.
- Assist with the processing and administration of outwards reinsurance premiums and claims recoveries through the Lloyd's Outwards Reinsurance System (LORS).
- Review and validate data used for financial accounting and management reporting, ensuring information is complete, accurate and available in line with month-end and quarter-end reporting deadlines.
- Assist with the preparation and collation of reinsurance information and supporting documentation for Reinsurance Security and Underwriting Committee meetings.
- Work closely with internal teams to ensure reinsurance data, financial information and reporting requirements are maintained to a high standard.
Reinsurance Technician in City of London employer: HFG Insurance Recruitment
Join a leading reinsurance business in London, where you will be part of a dynamic team dedicated to compliance and financial crime prevention. With a strong focus on employee development, we offer opportunities for growth and advancement while fostering a collaborative work culture that values your expertise. Enjoy the unique advantage of working in one of the world's financial hubs, with the flexibility of a hybrid work model that promotes work-life balance.
