Outwards Reinsurance Operations Manager

Join to apply for the Outwards Reinsurance Operations Manager role at Lancashire Insurance Group 1 day ago Be among the first 25 applicants Join to apply for the Outwards Reinsurance Operations Manager role at Lancashire Insurance Group Get AI-powered advice on this job and more exclusive features. Description To oversee all aspects of our outwards reinsurance activities. This role is critical in providing oversight of the reinsurance activities managed by our key outsourced providers, ensuring efficient and accurate operations, and maintaining compliance with regulatory and internal requirements. Application Deadline: 30 June 2025 Department: Reinsurance Location: London Description To oversee all aspects of our outwards reinsurance activities. This role is critical in providing oversight of the reinsurance activities managed by our key outsourced providers, ensuring efficient and accurate operations, and maintaining compliance with regulatory and internal requirements. Specific Responsibilities Support the Group Head of Outwards with the overall management of the department. Manage and develop team members to support the growth and effectiveness of the reinsurance function. Coordinate and oversee reinsurance administration activities, including premium calculations, recoveries, claims reporting, and data management. Ensure compliance with regulatory reporting requirements and internal governance standards. Analyse and report on reinsurance market trends and developments that may impact the company\’s risk strategy. Prepare management reports and presentations for senior leadership and Board committees as required. Support renewal processes by preparing underwriting information, exposure data, and loss history summaries. Collaborate with underwriters, actuaries, finance, and claims teams to assess reinsurance needs and support pricing, reserving, and capital planning activities. Monitor the performance and effectiveness of reinsurance programs and recommend improvements where necessary. Engage in on-going projects that require reinsurance expertise, contributing your knowledge and insights to drive successful outcomes. Ensure operational controls are thoroughly documented and adhered to, maintaining a high standard of compliance with established control languages. Essential Skills & Requirements Minimum of 7 years’ relevant experience in insurance and reinsurance sectors, demonstrating proficiency in various types of reinsurance and strong financial reporting acumen. Educational background in insurance, finance, actuarial science, or a related field. Professional designations such as ACII, CPCU, or equivalent are preferred. Sound experience in outwards reinsurance, either within an insurer, reinsurer, or broker. Strong technical knowledge of treaty and facultative reinsurance across multiple lines of business. Demonstrated success in managing small to medium-sized teams, fostering collaborative and high-performance culture. Strong process management and time management capabilities; adept at leading initiatives that enhance team efficiency. Solid understanding of insurance and reinsurance financials, including loss triangles, IBNR, and capital models. Analytical mindset with a high level of attention to detail. Ability to communicate complex concepts clearly to a range of stakeholders. Experience with reinsurance administration systems and exposure management tools is an advantage. A proactive mindset, demonstrating a willingness to challenge the status quo and effectively solve complex problems. The Lancashire Way At Lancashire, we believe our culture sets us apart. The way we behave and approach our work day-to-day is what makes us unique and creates a positive experience for our people, business partners and other stakeholders. Honesty and integrity in all we do is a given and The Lancashire Way reflects our true character and spirit. Straight-talking We feel empowered to share thoughts and ideas, because everyone’s voice matters. Collaborative We work together towards common goals, share knowledge and support each other. Hard-working We all have a stake in the company’s success and are proactive in contributing to our goals and vision. Responsible We focus on achieving tangible results with consistent standards across the Group. Positive We engage with brokers, clients, communities, stakeholders and colleagues professionally and passionately as proud ambassadors of Lancashire. Seniority level Seniority level Mid-Senior level Employment type Employment type Full-time Job function Job function Management and Manufacturing Industries Insurance Referrals increase your chances of interviewing at Lancashire Insurance Group by 2x Get notified about new Operations Manager jobs in London, England, United Kingdom . 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