At a Glance
- Tasks: Manage treaty business processing and ensure accuracy in documentation and financial transactions.
- Company: Join leading Lloyd's Broking houses with a dynamic and supportive environment.
- Benefits: Hybrid work model, competitive salary, and opportunities for professional growth.
- Other info: Mentorship opportunities available to support your career development.
- Why this job: Be a key player in the reinsurance industry and enhance your technical expertise.
- Qualifications: 3+ years in reinsurance, proficient in Lloyd's systems, and strong attention to detail.
The predicted salary is between 49500 - 60500 £ per year.
Senior Reinsurance Technician x2 City of London - Hybrid Lloyd's Broking houses I am currently working with 2 different Lloyd's Broking houses, who are both seeking similar experience.
The roles sit in their Treaty departments, and will be a point of contact for the teams they support.
Key Responsibilities Manage the end-to-end technical processing of treaty business , from placement through to post-bind administration and renewal.
Prepare, review and process treaty slips, endorsements, contracts, schedules, premiums, claims and related documentation , ensuring accuracy and compliance with agreed terms.
Liaise closely with brokers, underwriters, clients, producing brokers and internal teams to resolve technical queries and ensure timely processing.
Maintain accurate and up-to-date treaty records, systems and documentation , ensuring all information is captured in accordance with internal procedures and Lloyd’s requirements.
Process and reconcile premiums, commissions, brokerage, fees and other financial transactions , investigating and resolving discrepancies where required.
Support the preparation and processing of premium and claims bordereaux , statements of account and technical accounting information.
Review treaty documentation against placing instructions and underwriting terms , identifying discrepancies and escalating issues appropriately.
Coordinate endorsements and amendments throughout the life of the treaty, ensuring changes are accurately reflected across relevant systems and documentation.
Monitor outstanding technical and accounting items , proactively following up with relevant parties to ensure timely resolution.
Provide technical support to brokers and account executives during placement, renewal and post-bind processes.
Work closely with Lloyd’s, carriers, MGAs, reinsurers and third-party service providers where required to facilitate smooth treaty processing.
Assist with renewals , ensuring prior-year information, contractual changes, documentation and technical data are accurately prepared and processed.
Ensure all activities are carried out in line with Lloyd’s market practices, regulatory requirements, company procedures and delegated authority controls , where applicable.
Identify opportunities to improve processes, data quality and operational efficiency , contributing to the development of technical workflows and best practice.
Support and mentor junior technicians , providing guidance on complex treaty transactions and technical processes.
Act as a subject-matter expert on treaty technical processing, taking ownership of more complex or high-value accounts.
Experience required: Minimum of 3+ years in a technical reinsurance role Proficient in Lloyd's systems such as IMR, LORS Experience processing Treaty accounts, creating slips and endorsements.
Senior Reinsurance Technician 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.
