Pro Rata Reinsurance Technician in Witham
Pro Rata Reinsurance Technician

Pro Rata Reinsurance Technician in Witham

Witham Full-Time 30000 - 40000 ÂŁ / year (est.) Home office (partial)
Marsh McLennan

At a Glance

  • Tasks: Support clients through transactional processing and secure reinsurance recoveries.
  • Company: Join Guy Carpenter, a leader in risk and reinsurance solutions.
  • Benefits: Professional development, hybrid work, and a vibrant inclusive culture.
  • Other info: Collaborative team atmosphere with opportunities for personal and professional growth.
  • Why this job: Learn new skills in a dynamic environment and progress your career in reinsurance.
  • Qualifications: Experience in insurance or claims, with a desire to transition into reinsurance.

The predicted salary is between 30000 - 40000 ÂŁ per year.

We are seeking a talented individual to join our Client Services Support team at Guy Carpenter. This role will be based in Witham and is a hybrid role that requires working at least three days a week in the office.

As a Pro Rata Technician, you will support our client base through transactional processing, securing reinsurance recoveries through timely and accurate system entry. Whether you have a curiosity for Reinsurance or you are looking for a change in career, this is the ideal place to learn new skills and an opportunity for you to progress. We have a number of opportunities on a permanent basis.

Although Reinsurance experience would be advantageous, we are considering candidates with proven Insurance premium/claims or underwriting backgrounds who can demonstrate a desire to embark on a career in Reinsurance.

We will count on you to:

  • Manage an assigned client portfolio, taking full responsibility of technical duties relating to client accounts.
  • Work with Market Fiduciary to assist with collection of funds.
  • Manage all Pro Rata post, brokerage receivables, funding, retention, e-trading, ad hoc reporting requests, and all transactional process steps, inclusive of renewals.
  • Promote, build and maintain relationships with Brokers, Clients and Markets.
  • Participate in training sessions and provide input within the team and/or department for all aspects of reinsurance service processing to assist with troubleshooting.

What you need to have:

  • Insurance/Reinsurance Premium/Claims experience, handling cash loss/large loss and a desire to move into the Reinsurance sector.
  • Competent Excel skills and proficiency in Microsoft Office Applications.
  • Willingness to learn and develop knowledge of technical account structure.
  • Successful management of workload; with an ability to manage expectations.

What makes you stand out:

  • Reinsurance Claims experience.
  • Experience within Pro Rata.
  • Experience of working in a technical capacity for a Broker.
  • Experience of using London Market systems such as LORS and the IMR (Insurance Market Repository).
  • Knowledge of CLASS system is useful for review of London market queries.
  • Knowledge of Letters of Credit and the Citibank process.

Why join our team:

  • We help you be your best through professional development opportunities, interesting work and supportive leaders.
  • We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.
  • Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

At Guy Carpenter, a Marsh business, you can be your best. We work on challenges that matter with colleagues who help bring out our best. Our uniquely collaborative environment will empower you to focus on your personal and professional success, learning from top specialists in the (re)insurance industry and leading you towards a rewarding and impactful career.

Marsh is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, civil partnership status, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law. We are an equal opportunities employer.

We are committed to providing reasonable adjustments in accordance with applicable law to any candidate with a disability to allow them to fully participate in the recruitment process. If you have a disability that may require reasonable adjustments, please contact us at reasonableaccommodations@mmc.com.

Marsh is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.

Pro Rata Reinsurance Technician in Witham employer: Marsh McLennan

At Guy Carpenter, we pride ourselves on being an excellent employer by offering a vibrant and inclusive work culture that fosters professional development and collaboration. Located in Witham, our hybrid work model allows for flexibility while ensuring you have the support of talented colleagues and leaders who are dedicated to your success. With numerous opportunities for growth within the reinsurance sector, we empower our employees to thrive and make a meaningful impact in their careers.
Marsh McLennan

Contact Detail:

Marsh McLennan Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Pro Rata Reinsurance Technician in Witham

✨Tip Number 1

Network like a pro! Reach out to people in the reinsurance industry on LinkedIn or at local events. You never know who might have the inside scoop on job openings or can put in a good word for you.

✨Tip Number 2

Prepare for interviews by researching Guy Carpenter and understanding their values. Show them you’re not just another candidate; you’re genuinely interested in what they do and how you can contribute.

✨Tip Number 3

Practice your responses to common interview questions, especially those related to your experience in insurance or claims. Be ready to highlight how your skills can transfer to the Pro Rata Technician role.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re serious about joining the team at Guy Carpenter.

We think you need these skills to ace Pro Rata Reinsurance Technician in Witham

Reinsurance Premium/Claims Experience
Technical Account Structure Knowledge
Excel Skills
Microsoft Office Proficiency
Client Relationship Management
Transactional Processing
Ad Hoc Reporting
Pro Rata Experience
London Market Systems Knowledge
CLASS System Knowledge
Letters of Credit Understanding
Citibank Process Familiarity
Workload Management
Desire to Learn and Develop

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Pro Rata Reinsurance Technician role. Highlight any relevant experience in insurance, claims, or underwriting, and don’t forget to showcase your Excel skills!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to express your enthusiasm for the role and the company. Mention why you’re keen on transitioning into reinsurance and how your background makes you a great fit.

Showcase Your Curiosity: We love candidates who are eager to learn! In your application, mention any specific areas of reinsurance that interest you and how you plan to develop your knowledge in this field.

Apply Through Our Website: Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining our team at Guy Carpenter.

How to prepare for a job interview at Marsh McLennan

✨Know Your Reinsurance Basics

Even if you’re new to reinsurance, brush up on the fundamentals. Familiarise yourself with key terms and concepts related to Pro Rata and how it fits into the broader insurance landscape. This will show your enthusiasm and readiness to learn.

✨Showcase Your Technical Skills

Since the role requires competent Excel skills and proficiency in Microsoft Office, be prepared to discuss your experience with these tools. Consider bringing examples of how you've used them in previous roles, especially in managing data or processing transactions.

✨Demonstrate Relationship-Building Skills

The job involves maintaining relationships with brokers and clients. Think of examples from your past where you successfully built or maintained professional relationships. Highlight your communication skills and how you handle client interactions.

✨Prepare Questions About the Role

Have a few thoughtful questions ready about the Pro Rata Technician role and the team dynamics at Guy Carpenter. This shows your genuine interest in the position and helps you assess if it’s the right fit for you.

Pro Rata Reinsurance Technician in Witham
Marsh McLennan
Location: Witham

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