At a Glance
- Tasks: Lead the DB Reinsurance Operations team and drive transformation for scalable solutions.
- Company: Dynamic company in the reinsurance sector with a focus on innovation.
- Benefits: Competitive salary, generous leave, private medical cover, and career progression opportunities.
- Other info: Flexible work environment with a focus on quality and results.
- Why this job: Shape the future of reinsurance operations and make a real impact.
- Qualifications: Deep knowledge of reinsurance, strong management skills, and excellent communication.
The predicted salary is between 60000 - 75000 £ per year.
This management role shapes the DB Reinsurance Operations area through structuring services, ensuring delivery of DB reinsurance treaty provisions, supporting and engaging reinsurance providers and broader DB stakeholders, and providing strategic development to evolve the DB Solutions area and meet growth ambitions. The role continually focuses on improving processes and delivering scalable solutions, including embracing new technology.
Key Responsibilities
- Manage and lead the DB Reinsurance Operations team
- Deliver regular reinsurance reporting in a timely and accurate manner in accordance with Treaty timeframes
- Monitor compliance with contractual terms across all reinsurance arrangements
- Drive transformation and development work to build automated and scalable solutions for Reinsurance Reporting
- Collaborate with reinsurers on cashflow reconciliation activity
- Process, assess and collate reinsurance data for onward distribution both internally and to reinsurance counterparties in accordance with contractual timeframes
- Provide operational inputs to new reinsurance contracts and maintain engagement with 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 accurate records to support audit requirements
- Act as subject matter expert on Reinsurance Operations, sharing knowledge with relevant DB teams as necessary
- Establish and manage relationships with the relevant Operations teams at reinsurance counterparties
Qualifications
- Deep knowledge of reinsurance concepts, particularly in relation to reinsurance of bulk annuity business
- Strong team management skills
- 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 pension administration
- Experience training individuals and groups of people
- Ability to manage workloads and prioritise tasks based on business volumes and priorities
- Clear focus on quality, service, and results
- Flexible approach and 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 with a DB Pensions de-risking company is beneficial
Benefits
- Competitive salary, pension scheme and life assurance
- 25 days annual leave plus an additional day on your birthday
- Private medical cover and income protection
- 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
- Variety of employee funded benefits available via an online benefits portal
- Additional purchase options available for you and your loved ones
DB Reinsurance Operations Manager employer: Just Group
As a DB Reinsurance Operations Manager in London, you will join a forward-thinking company that prioritises employee growth and well-being. With a competitive salary, generous leave, and a supportive work culture that embraces innovation and collaboration, this role offers the chance to make a meaningful impact while advancing your career in a dynamic environment. The company also provides unique benefits such as private medical cover and access to mental health resources, ensuring a holistic approach to employee satisfaction.
StudySmarter Expert Advice🤫
We think this is how you could land DB Reinsurance Operations Manager
✨Tip Number 1
Network like a pro! Reach out to folks in the reinsurance and pensions industry on LinkedIn. A friendly chat can open doors that a CV just can't.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of DB de-risking and reinsurance concepts. We want you to shine as the subject matter expert they need!
✨Tip Number 3
Showcase your team management skills during interviews. Share examples of how you've led teams to success, especially in fast-paced environments like reinsurance.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets the attention it deserves. Plus, we love seeing candidates who are proactive!
We think you need these skills to ace DB Reinsurance Operations Manager
Some tips for your application 🫡
Tailor Your CV:Make sure your CV speaks directly to the job description. Highlight your experience in reinsurance and team management, and don’t forget to showcase your communication skills. We want to see how you can bring value to our DB Reinsurance Operations team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for the role. Share specific examples of how you've driven transformation and improved processes in previous roles. We love seeing your personality come through!
Showcase Your Knowledge:Demonstrate your deep understanding of reinsurance concepts, especially related to bulk annuity business. We’re looking for someone who can act as a subject matter expert, so don’t hold back on sharing your insights and experiences!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy – just follow the prompts and submit your materials!
How to prepare for a job interview at Just Group
✨Know Your Reinsurance Stuff
Make sure you brush up on your knowledge of 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 also understand the nuances of the industry.
✨Showcase Your Team Management Skills
Prepare examples of how you've successfully managed teams in the past. Think about specific situations where you led a team through challenges or drove improvements. This will demonstrate your leadership capabilities and how you can contribute to the DB Reinsurance Operations team.
✨Embrace Change and Innovation
Since the role involves driving transformation and embracing new technology, be ready to discuss how you've adapted to change in previous roles. Share any experiences where you implemented new processes or technologies that improved efficiency or outcomes.
✨Communicate Clearly and Effectively
Practice articulating your thoughts clearly, both verbally and in writing. Given the importance of communication in this role, consider preparing a few key points about your experience that you can share succinctly. This will help you stand out as someone who can effectively engage with stakeholders.
