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- Tasks: Lead the DB Reinsurance Operations team and drive innovative solutions.
- Company: Dynamic company focused on reinsurance with a commitment to diversity.
- Benefits: Competitive salary, generous leave, private medical cover, and career progression opportunities.
- Other info: Embrace change and work collaboratively in a supportive culture.
- Why this job: Shape the future of reinsurance while making a real impact in a fast-paced environment.
- Qualifications: Deep knowledge of reinsurance, strong communication skills, and team management experience.
The predicted salary is between 60000 - 75000 £ per year.
A key management role in shaping the DB Reinsurance Operations area through structuring the services provided and ensuring delivery of DB reinsurance treaty provisions; supporting and engaging reinsurance providers and broader DB stakeholders to understand needs and future provisions; supporting the Head of DB Reinsurance Pricing and Operations with strategic development activities undertaken to ensure constant evolution of the DB Solutions area and our growth ambitions. An element of the role will focus continually on improving processes and delivering scalable solutions, including embracing new technology.
Key responsibilities
- Manage and lead the DB Reinsurance Operations team
- Responsible for delivery of regular reinsurance reporting, ensuring it is delivered in a timely and accurate manner in accordance with treaty timeframes
- Monitor compliance with contractual terms across all reinsurance arrangements
- Drive forward transformation and development work to build automated and scalable solutions for reinsurance reporting
- Collaborate with reinsurers on cashflow reconciliation activity
- Ensure reinsurance data is processed, assessed and collated for onward distribution both internally and to our reinsurance counterparties in accordance with contractual timeframes
- Provide operational inputs to new reinsurance contracts and maintain engagement with the DB Head of Reinsurance Relationships and Head of DB Reinsurance Pricing and Operations
- Drive continuous improvement in quality of data to all stakeholders, ensuring timely delivery and that records are accurately maintained to support audit requirements
- Act as subject matter expert on Reinsurance Operations, sharing knowledge with relevant teams in DB as necessary
- Establish and manage relationships with the relevant operations teams at reinsurance counterparties
What we’re looking for
- Deep knowledge of reinsurance concepts, particularly in relation to reinsurance of bulk annuity business
- Strong team manager
- Excellent written and verbal communication skills
- Willingness to embrace change and new ways of working
- Good understanding of DB de-risking administration requirements and how they differ from standard pensions administration
- Experience training individuals and groups of people
- Ability to manage workloads and prioritise a number of different tasks based on business volumes and priorities
- Clear focus on quality, service and results
- Flexible approach with the ability to work as part of a team in a fast-moving environment
- Track record of working in the reinsurance and pensions industry sector
- Previous experience working for a DB pensions de-risking company is beneficial
What’s in it for you
- A competitive salary, pension scheme and life assurance
- 25 days annual leave plus an additional day on us for your birthday
- Private medical cover and income protection
- A generous and highly achievable bonus scheme
- Opportunities to progress your career in-role and within the company
- Free access to the Headspace app, 24/7 employee assistance helpline and trained physical and mental health first aiders
- A variety of employee-funded benefits available via our online benefits portal
- Additional purchase options available for you and your loved ones
Commitment to equality and diversity
We value diversity of thought and fostering a sense of belonging as critical to our business success, driving innovation and balanced decision making. Our efforts in DEIB (Diversity, Equity, Inclusion and Belonging) aim to deliver a brilliant employee experience underpinned by a sense of belonging. We remain committed to publicly disclosed HM Treasury Women in Finance Charter and Race at Work Charter targets and support a wide range of employee networks and events, championing issues including intergenerational working, social mobility and neurodiversity.
DB Reinsurance Operations Manager in London employer: Just Group plc
Contact Detail:
Just Group plc Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land DB Reinsurance Operations Manager in London
✨Tip Number 1
Network like a pro! Reach out to folks in the reinsurance and pensions industry, especially those who work at companies you're interested in. A friendly chat can open doors and give you insights that might just land you an interview.
✨Tip Number 2
Show off your expertise! Prepare to discuss your knowledge of reinsurance concepts and how they relate to bulk annuity business. Be ready to share examples of how you've improved processes or embraced new technology in past roles.
✨Tip Number 3
Practice makes perfect! Get comfortable with common interview questions related to team management and operational improvements. Role-play with a friend or use online resources to refine your answers and boost your confidence.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you're genuinely interested in joining our team and contributing to our growth ambitions in the DB Reinsurance Operations area.
We think you need these skills to ace DB Reinsurance Operations Manager in London
Some tips for your application 🫡
Know Your Stuff: Make sure you really understand the ins and outs of reinsurance, especially when it comes to bulk annuity business. We want to see that you can talk the talk and walk the walk in your application.
Show Off Your Team Spirit: As a team manager, it's crucial to highlight your leadership skills. Share examples of how you've successfully managed teams and fostered collaboration. We love seeing candidates who can bring people together!
Be Clear and Concise: Your written application should reflect your excellent communication skills. Keep it clear and to the point, while still showcasing your personality. We appreciate a good balance of professionalism and authenticity.
Embrace Change: We’re all about innovation and improvement here at StudySmarter. In your application, mention any experiences where you've embraced change or introduced new processes. Show us you're ready to evolve with us!
How to prepare for a job interview at Just Group plc
✨Know Your Reinsurance Stuff
Make sure you brush up on your reinsurance concepts, especially those related to bulk annuity business. Being able to discuss these topics confidently will show that you’re not just familiar with the basics but have a deep understanding of the field.
✨Showcase Your Leadership Skills
As a DB Reinsurance Operations Manager, you'll be leading a team. Prepare examples of how you've successfully managed teams in the past, focusing on your communication skills and ability to drive change. Highlight any experience you have in training others, as this is key for the role.
✨Embrace Change and Innovation
This role requires a willingness to embrace new ways of working and technology. Be ready to discuss how you've adapted to changes in previous roles and any innovative solutions you've implemented. This will demonstrate your proactive approach to continuous improvement.
✨Build Relationships
Collaboration is crucial in this position. Think of examples where you've successfully established relationships with stakeholders or partners. Be prepared to talk about how you manage these relationships and ensure compliance with contractual terms, as this will be a big part of your responsibilities.