At a Glance
- Tasks: Manage and operate the Specialty reinsurance programme, focusing on treaty accounting and compliance.
- Company: Join a leading insurer known for its innovative approach in the reinsurance sector.
- Benefits: Enjoy a competitive salary of up to £90,000 and opportunities for professional growth.
- Why this job: Be part of a dynamic team that values collaboration and continuous improvement in reinsurance operations.
- Qualifications: Previous experience in reinsurance operations and strong analytical skills are essential.
- Other info: Ideal for detail-oriented individuals who thrive under pressure and enjoy problem-solving.
The predicted salary is between 54000 - 126000 £ per year.
Job title: Speciality Reinsurance Technician
Salary: Up to £90,000 DOE
Location: London
PURPOSE OF ROLE
We are currently supporting a leading insurer in the search for an experienced Reinsurance Specialist to join their Specialty team. This role is key to managing and operating the Specialty reinsurance programme, with a focus on ceded reinsurance treaties across both UK and EU business. The successful individual will be responsible for accurate treaty accounting, bordereaux validation and interpretation of reinsurance contracts.
RESPONSIBILITIES
- Manage day-to-day operations of the Specialty reinsurance programme
- Oversee ceded treaty administration and ensure compliance with contract terms
- Validate and analyse bordereaux submissions
- Interpret reinsurance agreements and apply terms accurately
- Develop and maintain relationships with MGAs, intermediaries, and underwriters
- Support the alignment of reinsurance processes across the UK and EU regions
- Contribute to ongoing improvements in reinsurance operations
DAY-TO-DAY
- Process and reconcile reinsurance transactions
- Validate data submissions from MGA partners
- Investigate and resolve discrepancies in reporting
- Engage with brokers and underwriting teams on treaty matters
- Maintain accurate documentation and records
- Prepare reporting materials for internal and external use
- Attend and contribute to team meetings and operational reviews
EXPERIENCE
- Previous experience in reinsurance operations, treaty accounting or a similar role
- In-depth understanding of ceded reinsurance programmes
- Prior exposure to UK and EU insurance/reinsurance markets preferred
- Demonstrated experience interpreting reinsurance contracts
- Proven ability to engage effectively with technical and non-technical stakeholders
SKILLS
- High attention to detail; strong data accuracy and quality focus
- Confident analytical thinker with solid problem-solving ability
- Effective communicator across varying levels of seniority
- Advanced Excel skills; comfortable working with large data sets
- Organised, proactive, and capable of managing multiple deliverables under pressure
- Team-oriented with a self-driven, professional approach
If you have the relevant experience or know someone that does, please contact me now on 07441 934 168 or email us at admin@lawesgroup.co.uk
#J-18808-Ljbffr
Specialty Reinsurance Technician employer: Lawes Insurance Recruitment
Contact Detail:
Lawes Insurance Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Specialty Reinsurance Technician
✨Tip Number 1
Familiarise yourself with the latest trends and regulations in the UK and EU reinsurance markets. This knowledge will not only help you understand the role better but also demonstrate your commitment and expertise during discussions with potential employers.
✨Tip Number 2
Network with professionals in the reinsurance industry, especially those working with MGAs and intermediaries. Attend industry events or join relevant online forums to build connections that could lead to job opportunities at companies like us.
✨Tip Number 3
Brush up on your Excel skills, particularly in handling large data sets. Being able to showcase your proficiency in data analysis can set you apart from other candidates and is crucial for the role of a Specialty Reinsurance Technician.
✨Tip Number 4
Prepare to discuss specific examples of how you've successfully managed treaty accounting or resolved discrepancies in past roles. Real-life scenarios will illustrate your problem-solving abilities and your understanding of reinsurance operations.
We think you need these skills to ace Specialty Reinsurance Technician
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in reinsurance operations and treaty accounting. Use specific examples that demonstrate your understanding of ceded reinsurance programmes and your ability to interpret reinsurance contracts.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention how your skills align with the responsibilities outlined in the job description, particularly your experience with bordereaux validation and relationship management.
Highlight Relevant Skills: Emphasise your analytical thinking and problem-solving abilities in your application. Given the importance of data accuracy in this role, mention your advanced Excel skills and experience working with large data sets.
Showcase Your Communication Skills: Since the role requires effective communication with both technical and non-technical stakeholders, provide examples in your application that demonstrate your ability to engage with various levels of seniority and maintain professional relationships.
How to prepare for a job interview at Lawes Insurance Recruitment
✨Know Your Reinsurance Basics
Make sure you have a solid understanding of reinsurance concepts, especially ceded reinsurance treaties. Brush up on key terms and processes, as this will help you answer technical questions confidently.
✨Prepare for Scenario Questions
Expect to be asked about how you would handle specific situations related to treaty accounting or discrepancies in reporting. Think of examples from your past experience that demonstrate your problem-solving skills and attention to detail.
✨Showcase Your Analytical Skills
Since the role requires strong analytical abilities, be ready to discuss how you've used data analysis in previous roles. Highlight any experience with Excel and managing large datasets, as this will be crucial for the position.
✨Engage with Stakeholders
Demonstrate your communication skills by discussing how you've effectively engaged with both technical and non-technical stakeholders in the past. This will show that you can bridge gaps and maintain relationships, which is vital for the role.