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 employer: High Finance Limited
As a Senior Premium Processing Technician at our esteemed independent Lloyd's insurance broker in London, you'll thrive in a collaborative culture that values technical expertise and exceptional service. With a strong focus on employee development, we offer a supportive environment where your contributions will make a real impact, alongside competitive benefits and the flexibility of a hybrid working model.
