Reinsurance Technician

Reinsurance Technician

Full-Time 28800 - 43200 € / year (est.) No home office possible
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At a Glance

  • Tasks: Support the team in managing Treaty Reinsurance for clients and ensure smooth operations.
  • Company: Join a leading global Lloyd's broker with a focus on innovation.
  • Benefits: Gain valuable experience, training, and exposure to the insurance industry.
  • Other info: Diverse and inclusive workplace with opportunities for growth and development.
  • Why this job: Be part of a dynamic team and make a real impact in the reinsurance sector.
  • Qualifications: No prior experience needed; full training provided for motivated candidates.

The predicted salary is between 28800 - 43200 € per year.

This is an excellent opportunity to join a global Lloyd's broker who are leaders in their field. You will provide support to your team to deliver an excellent and comprehensive service in the administration of new business, renewal and mid-term changes of Treaty Reinsurance for specific clients. The successful candidate will also have exposure to clients and markets to help manage all aspects of the placing and running of Treaties across predominately North American Wholesale business.

Key duties:

  • Reviews client documentation to ensure that information presented is sufficiently comprehensive/accurate to support the quoting process.
  • Prepares or checks market presentations.
  • Liaises with clients and ensures client queries are resolved.
  • Responds to market and third party queries as appropriate.
  • Produces high quality and compliant market documentation ensuring appropriate authorisations are secured.
  • Acts as a conduit between the Broking and Technical Processing Teams as required, including provision of accurate handover documentation for processing.
  • Monitors premium payments and meeting premium due dates.
  • Ensures up to date records are maintained at all times on the Company system.
  • Collates and communicates client requirements to ensure appropriate marketing of the risk.
  • Develops good relationships with markets and clients.
  • Follows agreed processes and obtains appropriate approvals to ensure compliance with company policy and regulatory requirements.
  • Maintains appropriate client files, and oversees the prompt and accurate production of documentation to best meet client, company and regulatory requirements.
  • Strives to provide quality and excellence in line with company process.
  • Builds and maintains strong relationships with internal stakeholders and external contacts to ensure service delivery meets expectations and is compliant.
  • Provides support and assistance to senior colleagues and/or their clients on request.
  • Deals with, or refers, client enquiries, renewals and mid-term adjustments.
  • Develops strong relationships with immediate Team and the wider Business Unit.
  • Assists with the development and maintenance of appropriate underwriter relationships.

Key requirements:

  • Experienced in Reinsurance, preferably in Treaty Reinsurance - full training to be provided.
  • Experience of working with Treaty Brokers and supporting the placement process, including knowledge of Market Reform Contract production.
  • Competent IT skills, including but not limited to Microsoft Word, Excel and Outlook.

Along with our client, we are committed to a diverse workforce and as such recruit from a wide available pool of talent, with the hiring, assessment and selection process being fair, free from bias and one which ensures the right person is selected for the job, based on merit. We treat colleagues, candidates, clients, and business partners with equality, fairness and respect, regardless of their age, disability, race, religion or belief, gender, sexual orientation, marital status or family circumstances.

A copy of our D&I policy can be made available upon request.

Reinsurance Technician employer: Massenhove Recruitment Limited

Join a leading global Lloyd's broker where you will thrive in a dynamic and inclusive work environment that prioritises employee growth and development. With comprehensive training provided, you will have the opportunity to build strong relationships with clients and markets while contributing to the administration of Treaty Reinsurance. Our commitment to diversity and respect ensures that every team member is valued, making this an excellent place for meaningful and rewarding employment.

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Contact Detail:

Massenhove Recruitment Limited Recruiting Team

StudySmarter Expert Advice🤫

We think this is how you could land Reinsurance Technician

Network Like a Pro

Get out there and connect with people in the insurance broking world! Attend industry events, join relevant online forums, and don’t be shy about reaching out to professionals on LinkedIn. Building relationships can open doors to opportunities that aren’t even advertised.

Show Off Your Skills

When you get the chance to chat with potential employers, make sure to highlight your experience with Treaty Reinsurance and your IT skills. Be ready to share specific examples of how you've successfully managed client queries or supported the placement process. We want to see your expertise shine!

Follow Up After Interviews

After an interview, don’t just sit back and wait! Send a quick thank-you email to express your appreciation for the opportunity. It’s a great way to reinforce your interest in the role and keep you fresh in their minds. Plus, it shows you’re proactive!

Apply Through Our Website

We’ve got a fantastic range of roles available on our website, so make sure you check it out! Applying directly through our site not only streamlines the process but also shows your commitment to joining our team. Let’s get you that Reinsurance Technician role!

We think you need these skills to ace Reinsurance Technician

Reinsurance Knowledge
Treaty Reinsurance
Client Documentation Review
Market Presentation Preparation
Client Liaison
Query Resolution
Market Documentation Production

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to the Reinsurance Technician role. Highlight your experience in Treaty Reinsurance and any relevant skills that match the job description. We want to see how you can bring value to our team!

Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your background makes you a great fit. Don’t forget to mention your experience with Treaty Brokers and the placement process.

Showcase Your IT Skills:Since competent IT skills are a must, make sure to highlight your proficiency in Microsoft Word, Excel, and Outlook. We love seeing candidates who can navigate these tools effortlessly, as they’re essential for the role.

Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from our team!

How to prepare for a job interview at Massenhove Recruitment Limited

Know Your Reinsurance Basics

Before the interview, brush up on your knowledge of Treaty Reinsurance and the specific processes involved. Familiarise yourself with key terms and concepts, as this will help you speak confidently about your experience and understanding of the role.

Showcase Your Attention to Detail

Since the role involves reviewing client documentation and ensuring accuracy, be prepared to discuss examples from your past where your attention to detail made a difference. Highlight any experiences where you caught errors or improved processes.

Build Rapport with Interviewers

During the interview, focus on building a connection with your interviewers. Ask insightful questions about their experiences and the company culture. This not only shows your interest but also helps you gauge if the company is the right fit for you.

Demonstrate Your IT Skills

As the job requires competent IT skills, be ready to discuss your proficiency with Microsoft Word, Excel, and Outlook. If possible, mention specific projects where you used these tools effectively, showcasing your ability to handle the technical aspects of the role.