Ceded Reinsurance Technician

Ceded Reinsurance Technician

Full-Time No working from home possible
Jobtailor
  • Lead the placement of onshore ceded reinsurance treaties and facultative covers across property, casualty, and specialty lines
  • Develop and maintain relationships with reinsurers, Lloyd's syndicates, and brokers to secure optimal terms and capacity
  • Negotiate reinsurance contract terms, conditions, and pricing with underwriting and actuarial teams
  • Monitor reinsurance programme performance and recommend adjustments
  • Review and interpret reinsurance contracts, endorsements, and slips
  • Manage premium and claims bordereaux, settlements, and cash calls
  • Maintain reinsurance records and databases in accordance with internal controls and Lloyd's/FCA requirements
  • Oversee cedant accounting, including premium payables, recoveries, and loss notifications
  • Ensure compliance with LMA, FCA, and Solvency II requirements
  • Liaise with internal audit, risk, and compliance functions
  • Support reinsurance data preparation for SCR reporting and ORSA submissions
  • Monitor reinsurer credit risk and maintain approved panel documentation
  • Prepare management information and board-level reporting on programme performance, recoveries, and market trends
  • Collaborate with underwriting, claims, actuarial, and finance teams
  • Respond to queries from regulators, auditors, rating agencies, and other stakeholders

Requirements

  • Minimum 4–7 years' experience in ceded reinsurance, treaty administration, or a related reinsurance broking/underwriting role within the UK or Lloyd's market
  • Strong working knowledge of treaty and facultative reinsurance structures, including proportional and non-proportional
  • Familiarity with UK regulatory requirements including Solvency II, Lloyd's minimum standards, and FCA obligations
  • Experience with reinsurance administration systems such as Sequel Eclipse, Xuber/Majesco, or similar
  • Proficiency in Microsoft Excel for data analysis and reporting
  • Strong analytical and numerical skills with attention to detail
  • Excellent communication and negotiation skills
  • Ability to manage multiple priorities and deadlines in a fast-paced environment
  • Collaborative team player able to work cross-functionally
  • High degree of professional integrity and commercial awareness
  • ACII qualification or working towards it is desirable
  • Experience in Lloyd's of London market environment is desirable
  • Exposure to reinsurance run-off or legacy portfolios is desirable
  • Knowledge of IFRS 17 implications for reinsurance contracts held is desirable
  • Must already be eligible to work in the United Kingdom

Core Competencies

Demonstrates expertise in ceded reinsurance treaty placement and administration, with a strong understanding of regulatory compliance, contract negotiation, and performance monitoring. Proficient in managing relationships with reinsurers and brokers while ensuring adherence to industry standards and internal controls.

Highest-signal resume keywords

  • Ceded Reinsurance
  • Treaty Administration
  • Solvency II Compliance
  • Reinsurance Administration Systems
  • ACII Qualification

Hard Skills

  • Treaty Reinsurance Structures
  • Reinsurance Contract Negotiation
  • Data Analysis
  • Performance Monitoring
  • Premium and Claims Management

Soft Skills

  • Excellent Communication
  • Negotiation Skills
  • Attention to Detail
  • Collaborative Team Player
  • Ability to Manage Multiple Priorities

Certifications & Qualifications

  • ACII Qualification

Industry Keywords

  • Lloyd's Market
  • FCA Obligations
  • LMA Compliance
  • IFRS 17
  • Reinsurance Run-off

Tools & Technologies

  • Sequel Eclipse
  • Xuber/Majesco
  • Microsoft Excel

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Ceded Reinsurance Technician employer: Jobtailor

As a Client Services Coordinator at our dynamic company, you will thrive in a supportive work culture that prioritises employee growth and development. We offer comprehensive training, opportunities for advancement, and a collaborative environment where your contributions are valued. Located in a vibrant area, our team enjoys a healthy work-life balance and the chance to engage with diverse clients, making every day rewarding and meaningful.

Jobtailor

Contact Details:

Jobtailor Recruitment Team