Reinsurance Manager

Reinsurance Manager

Full-Time 68000 - 102000 £ / year (est.) No home office possible
M

At a Glance

  • Tasks: Lead the reinsurance program and manage risk effectively.
  • Company: Join a reputable UK insurer with an A- rating.
  • Benefits: Enjoy a competitive salary, hybrid work options, and an annual bonus scheme.
  • Why this job: Be part of a dynamic team shaping reinsurance strategies and enhancing your career.
  • Qualifications: 6+ years in reinsurance with strong analytical and collaboration skills required.
  • Other info: Opportunity for professional growth in a supportive environment.

The predicted salary is between 68000 - 102000 £ per year.

About the Company – Become a key member within an establish UK insurer, who possesses an A- rating.

About the Role – In this role the Reinsurance Manager (without direct reports) will report directly to the CUO and hold a wide brief across all aspects of the reinsurance protection programme.

Responsibilities

  • Establish and improve the company's reinsurance risk management system, formulate and implement the company's reinsurance business management system, clarifying the work procedures and management authority, and implementing risk supervision and verification;
  • Responsible for reinsurance channel development, reinsurance network construction, and credit management of reinsurance recipients and reinsurance brokers;
  • Responsible for the annual treaty renewal and purchasing
  • Responsible for the daily management of the reinsurance business according to the company's business structure and risk statuses such as renewal of reinsurance contract, facultative reinsurance, and commission fee;
  • Responsible for the functional maintenance and improvement of the reinsurance system;
  • Responsible for statistical analysis of reinsurance business and disclosure and submission of external reinsurance information.
  • Responsible for lead the reinsurance settlements and payments; check the inputs information on GIS, and liaising with our Finance team on the monthly, quarterly and half yearly Statement of Accounts.
  • Proactively assist with yearly internal audit queries and material submission

Qualifications – 6+ years’ experience in reinsurance

Required Skills

  • Good knowledge of reinsurance market, policies, and procedures with first-hand experience of implementation of these
  • Excellent collaboration skills, interpersonal skills, project management skills, analytical skills
  • Ability to work both independently and as part of a team while meeting meaningful deadlines
  • Attention to detail and strong analytical skills, self-motivated and ability to multi-task while managing priorities
  • Strong interpersonal skills and good oral and written communication skills.
  • Good skills in MS office (Excel, Word, PPT) Outlook and internet applications

Pay range and compensation package

– Permanent contract

– Salary to £85,000 depending on expertise and experience

– Benefits package & annual bonus scheme

– Hybrid working options

Reinsurance Manager employer: MW Appointments

Join a well-established UK insurer with an A- rating, where you will play a pivotal role in shaping the reinsurance protection programme. Our company fosters a collaborative work culture that values employee growth and offers a comprehensive benefits package, including a competitive salary of up to £85,000, annual bonuses, and hybrid working options. Here, you will have the opportunity to enhance your skills in a supportive environment while contributing to meaningful projects that drive our success.
M

Contact Detail:

MW Appointments Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Reinsurance Manager

✨Tip Number 1

Make sure to familiarize yourself with the latest trends and developments in the reinsurance market. This knowledge will not only help you during interviews but also demonstrate your commitment to staying updated in a rapidly changing industry.

✨Tip Number 2

Network with professionals in the reinsurance field. Attend industry events, webinars, or join relevant online forums. Building connections can provide you with valuable insights and potentially lead to referrals for the position.

✨Tip Number 3

Prepare to discuss specific examples from your past experience that showcase your analytical skills and project management abilities. Being able to articulate how you've successfully managed reinsurance processes will set you apart from other candidates.

✨Tip Number 4

Demonstrate your collaboration skills by being ready to share instances where you've worked effectively within a team. Highlighting your ability to communicate and work with various stakeholders will be crucial for this role.

We think you need these skills to ace Reinsurance Manager

Reinsurance Market Knowledge
Risk Management
Project Management
Analytical Skills
Collaboration Skills
Interpersonal Skills
Attention to Detail
Self-Motivation
Multi-tasking
Oral and Written Communication Skills
MS Office Proficiency (Excel, Word, PPT)
Credit Management
Statistical Analysis
Reinsurance Contract Management

Some tips for your application 🫡

Understand the Role: Make sure to thoroughly read the job description for the Reinsurance Manager position. Highlight key responsibilities and required skills, and think about how your experience aligns with these.

Tailor Your CV: Customize your CV to emphasize your 6+ years of reinsurance experience. Include specific examples of your work in reinsurance risk management, channel development, and project management that demonstrate your qualifications.

Craft a Compelling Cover Letter: Write a cover letter that not only outlines your relevant experience but also shows your enthusiasm for the role. Mention your understanding of the reinsurance market and how you can contribute to the company's objectives.

Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors. Ensure that your communication is clear and professional, reflecting the strong interpersonal skills required for the role.

How to prepare for a job interview at MW Appointments

✨Show Your Expertise in Reinsurance

Make sure to highlight your 6+ years of experience in reinsurance during the interview. Be prepared to discuss specific examples of how you've established or improved reinsurance risk management systems in previous roles.

✨Demonstrate Collaboration Skills

Since this role requires excellent collaboration skills, think of instances where you successfully worked with teams or stakeholders. Share stories that showcase your ability to communicate effectively and manage projects.

✨Prepare for Technical Questions

Expect questions related to reinsurance policies, procedures, and market knowledge. Brush up on current trends and be ready to discuss how you've implemented these in your past roles.

✨Highlight Analytical Skills

Given the importance of statistical analysis in this role, prepare to discuss your analytical skills. Bring examples of how you've used data to inform decisions or improve processes in reinsurance.

Reinsurance Manager
MW Appointments
M
  • Reinsurance Manager

    Full-Time
    68000 - 102000 £ / year (est.)

    Application deadline: 2027-01-16

  • M

    MW Appointments

Similar positions in other companies
UK’s top job board for Gen Z
discover-jobs-cta
Discover now
>