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- Tasks: Join us as a Junior Reinsurance Technician, handling calculations and processing cover notes.
- Company: Hiscox is a leading insurance provider committed to diversity and an inclusive culture.
- Benefits: Enjoy hybrid working, a healthy work-life balance, and the chance to collaborate with amazing people.
- Why this job: Be part of a unique culture while gaining valuable experience in the reinsurance industry.
- Qualifications: 1 year of experience in insurance or reinsurance, strong IT skills, and a team player attitude.
- Other info: Work permit may be required for non-passport holders; apply through the 'Apply now' button.
The predicted salary is between 28800 - 43200 £ per year.
Responsibilities
- Group RI calculations – facultative, excess of loss, and Pro Rata
- Advice / collecting notes sent to Brokers
- Cover note processing and premium payment
- Calculation of premium adjustments
Person Specification
- At least 1 year of experience within the Insurance or Reinsurance industry.
- Ability to manage own workload.
- Team player
- Good IT skills, including Excel
Nice to have
- Experience dealing with all types of Reinsurance.
- Insurance Qualifications
Diversity and flexible working at Hiscox
At Hiscox, we care about our people. We hire the best people for the job and are committed to diversity and creating a truly inclusive culture, which we believe drives success. We also know that working life doesn\’t always have to be in the office, and as long as it\’s safe to do so, we will operate a hybrid way of working to encourage a healthy work-life balance, with a couple of days in the office per week.
Work with amazing people and be part of a unique culture. Job ID R0017471
Please note that if you are NOT a passport holder of the country for the vacancy, you might need a work permit. Check our Blog for more information.
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Created on 12/07/2025 by TN United Kingdom
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Junior Reinsurance Technician employer: Hiscox Ltd
Contact Detail:
Hiscox Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Junior Reinsurance Technician
✨Tip Number 1
Familiarise yourself with the key concepts of reinsurance, especially facultative and excess of loss. This will not only help you in interviews but also demonstrate your genuine interest in the role.
✨Tip Number 2
Network with professionals in the insurance and reinsurance industry. Attend relevant events or join online forums to connect with others who can provide insights or even refer you to opportunities at StudySmarter.
✨Tip Number 3
Brush up on your Excel skills, as they are crucial for this role. Consider taking a short course or using online resources to enhance your proficiency, which will make you stand out during the selection process.
✨Tip Number 4
Showcase your ability to work in a team by preparing examples of past experiences where collaboration led to successful outcomes. This will align well with the company’s emphasis on teamwork.
We think you need these skills to ace Junior Reinsurance Technician
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in the insurance or reinsurance industry, especially any relevant roles you've held. Emphasise your IT skills and proficiency in Excel, as these are crucial for the Junior Reinsurance Technician position.
Craft a Strong Cover Letter: Write a cover letter that showcases your understanding of the responsibilities listed in the job description. Mention your ability to manage your workload and work effectively in a team, as well as any experience you have with reinsurance calculations.
Highlight Relevant Experience: In your application, be sure to detail any specific experience you have with facultative, excess of loss, and Pro Rata calculations. If you have dealt with brokers or processed cover notes, include those examples to strengthen your application.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is essential in the insurance industry.
How to prepare for a job interview at Hiscox Ltd
✨Showcase Your Experience
Make sure to highlight your experience in the insurance or reinsurance industry. Be prepared to discuss specific projects or tasks you've handled, especially those related to Group RI calculations and premium adjustments.
✨Demonstrate Teamwork
As a Junior Reinsurance Technician, being a team player is crucial. Share examples of how you've successfully collaborated with colleagues or brokers in previous roles to achieve common goals.
✨Highlight Your IT Skills
Good IT skills are essential for this role, particularly in Excel. Be ready to discuss your proficiency with spreadsheets and any relevant software you’ve used in your past positions.
✨Understand the Company Culture
Familiarise yourself with Hiscox's commitment to diversity and flexible working. During the interview, express your alignment with their values and how you can contribute to a positive and inclusive workplace.
