At a Glance
- Tasks: Support clients through transactional processing and secure reinsurance recoveries.
- Company: Join a global leader in risk management with a vibrant culture.
- Benefits: Hybrid working, study support, flexible hours, and free parking.
- Other info: Opportunities for professional development and a diverse, inclusive workplace.
- Why this job: Gain hands-on experience in reinsurance while making a real impact.
- Qualifications: Knowledge of reinsurance and strong Excel skills are preferred.
The predicted salary is between 30000 - 40000 € per year.
Our Client Support Services department have an opportunity for a Pro Rata Technician. This is available on a hybrid basis, offering home working for 2 days a week, with the other 3 days based in our office in Witham. As a Pro Rata Technician, you will support our client base through transactional processing, securing reinsurance recoveries through timely and accurate system entry.
The ideal candidate will have some knowledge of reinsurance whether that be within Pro Rata, Treaty, XOL or Reinsurance Premiums/Claims.
What can you expect:
- Work with Reinsurance professionals across Witham and London with experience and technical knowledge.
- Gain significant experience of working within a technical capacity for a Broker.
- Apply your experience and further development within a role that’s truly progressive and offers full end-to-end responsibility of a client portfolio.
- Be part of a global business that works with clients of all sizes to define, design and deliver innovative solutions to better quantify and manage risk.
- Free parking close to the Witham office.
- Support with study towards CII qualifications and provide opportunities to help you learn and progress in your career.
- From May until the 29th of August, flexible ‘Finish Early Friday’ working hours, allowing employees to finish at 1PM on Fridays (providing your schedule and workload allow).
We will rely 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. This is 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:
- Reinsurance Premium/Claims experience, ie; handling cash loss/large loss.
- 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: (These skills are not essential)
- 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.
Hybrid 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.
Reinsurance Technician - Pro Rata in Witham employer: Marsh
At Guy Carpenter, we pride ourselves on being an excellent employer by offering a hybrid working model that promotes work-life balance, alongside a vibrant and inclusive culture that values professional development. Our employees benefit from flexible working hours, support for CII qualifications, and the opportunity to work with experienced reinsurance professionals in a global business environment, all while enjoying free parking at our Witham office. Join us to be part of a team that fosters innovation and collaboration, ensuring you have the tools and support needed to thrive in your career.
StudySmarter Expert Advice🤫
We think this is how you could land Reinsurance Technician - Pro Rata in Witham
✨Tip Number 1
Network like a pro! Reach out to your connections in the reinsurance field, especially those who work at companies you're interested in. A friendly chat can open doors and give you insider info on job openings.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of Pro Rata and other reinsurance concepts. We recommend practising common interview questions and even role-playing with a friend to boost your confidence.
✨Tip Number 3
Showcase your skills! When you get the chance to meet potential employers, whether online or in person, make sure to highlight your Excel proficiency and any relevant experience. We want to see how you can add value to their team!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Reinsurance Technician - Pro Rata in Witham
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Pro Rata Technician role. Highlight any relevant reinsurance experience, especially in Premiums and Claims, and showcase your Excel skills. We want to see how your background fits with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about reinsurance and how your skills can benefit our team. We love seeing enthusiasm and a clear understanding of the role, so let your personality come through!
Showcase Your Technical Skills:Since this role involves a lot of technical duties, make sure to mention any experience you have with systems like LORS or CLASS. If you’ve worked in a technical capacity before, we want to hear about it—this could set you apart from other candidates!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us that you’re proactive and keen to join our team at StudySmarter!
How to prepare for a job interview at Marsh
✨Know Your Reinsurance Basics
Before the interview, brush up on your knowledge of reinsurance, especially Pro Rata, Treaty, and XOL. Familiarise yourself with key terms and processes, as this will show your potential employer that you're serious about the role and have a foundational understanding of the industry.
✨Showcase Your Excel Skills
Since competent Excel skills are a must for this position, be prepared to discuss how you've used Excel in previous roles. Think of specific examples where you’ve managed data or created reports, as this will demonstrate your technical proficiency and problem-solving abilities.
✨Prepare Questions About the Role
Interviews are a two-way street! Prepare thoughtful questions about the Pro Rata Technician role and the team dynamics. This not only shows your interest but also helps you gauge if the company culture aligns with your values and career goals.
✨Highlight Your Relationship-Building Skills
As a Pro Rata Technician, you'll need to build relationships with Brokers and Clients. Be ready to share examples of how you've successfully managed client relationships in the past, focusing on your communication skills and ability to manage expectations.
