Treaty Reinsurance Technician

Treaty Reinsurance Technician

London Full-Time 43200 - 72000 £ / year (est.)
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At a Glance

  • Tasks: Manage technical processing for Global Non-Marine Treaty Accounts and ensure timely account submissions.
  • Company: Join a leading firm in the reinsurance industry with a global presence.
  • Benefits: Enjoy competitive pay, professional development opportunities, and a collaborative work environment.
  • Why this job: This role offers hands-on experience in a dynamic field and the chance to build valuable industry relationships.
  • Qualifications: Must have 2+ years of London Market experience and knowledge of Proportional Treaty processes.
  • Other info: Ideal for those looking to advance their career in a fast-paced, supportive setting.

The predicted salary is between 43200 - 72000 £ per year.

As a Proportional Treaty Technician, you will be responsible for full technical processing / post placement duties for Global Non-Marine Treaty Accounts.

Day-do-day duties include processing treaty accounts and ensuring accounts are received from clients on time and in line with MRC Slip conditions, the submission of treaty accounts via the IMR, prepare portfolio transfer and profit commissions, liaising with clients, maintenance of electronic files and building and maintaining relationship with Brokers and Account Handlers.

You will require a minimum of 2 years + of London Market experience (from a Broker or (Re)insurer), experience in Proportional Treaty and experience in performing post-placement technical duties.

Treaty Reinsurance Technician employer: Nashrock Recruitment

At our company, we pride ourselves on being an exceptional employer, offering a dynamic work environment that fosters collaboration and innovation. With a strong focus on employee growth, we provide comprehensive training programs and opportunities for advancement within the London Market. Our commitment to work-life balance, coupled with competitive benefits and a supportive culture, makes us an ideal place for professionals seeking meaningful and rewarding careers in Treaty Reinsurance.
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Contact Detail:

Nashrock Recruitment Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Treaty Reinsurance Technician

✨Tip Number 1

Make sure to highlight your experience in the London Market, especially if you've worked with Brokers or (Re)insurers. This is crucial for demonstrating your understanding of the industry and its specific requirements.

✨Tip Number 2

Familiarize yourself with the MRC Slip conditions and the IMR submission process. Being able to discuss these topics confidently during an interview will show that you are well-prepared and knowledgeable about the role.

✨Tip Number 3

Network with professionals in the reinsurance sector, particularly those who have experience in Proportional Treaty. Building relationships can provide valuable insights and potentially lead to referrals.

✨Tip Number 4

Prepare examples of how you've successfully managed client relationships and processed treaty accounts in your previous roles. Concrete examples will help you stand out as a candidate who can deliver results.

We think you need these skills to ace Treaty Reinsurance Technician

Proportional Treaty Knowledge
Technical Processing Skills
Post Placement Duties Experience
London Market Experience
Client Liaison Skills
Account Management
Attention to Detail
Time Management
Relationship Building
Electronic File Maintenance
Profit Commission Preparation
Portfolio Transfer Knowledge
Communication Skills
Problem-Solving Skills

Some tips for your application 🫡

Understand the Role: Make sure to thoroughly understand the responsibilities of a Proportional Treaty Technician. Highlight your relevant experience in processing treaty accounts and your familiarity with MRC Slip conditions.

Tailor Your CV: Customize your CV to emphasize your 2+ years of London Market experience, particularly focusing on your roles in (Re)insurance and any specific achievements related to treaty processing.

Craft a Strong Cover Letter: Write a compelling cover letter that showcases your technical skills and experience in post-placement duties. Mention your ability to build relationships with Brokers and Account Handlers, as this is crucial for the role.

Highlight Relevant Skills: In your application, make sure to highlight key skills such as attention to detail, organizational abilities, and proficiency in maintaining electronic files, as these are essential for the position.

How to prepare for a job interview at Nashrock Recruitment

✨Show Your Technical Knowledge

Make sure to brush up on your understanding of treaty accounts and the MRC Slip conditions. Be prepared to discuss specific examples from your past experience that demonstrate your technical processing skills.

✨Highlight Your Relationship-Building Skills

Since the role involves liaising with clients and maintaining relationships with Brokers and Account Handlers, be ready to share instances where you successfully built and maintained professional relationships in your previous roles.

✨Demonstrate Your London Market Experience

With a minimum of 2 years of London Market experience required, be sure to articulate how your background aligns with this requirement. Discuss your previous roles and how they have prepared you for this position.

✨Prepare for Technical Questions

Expect questions related to post-placement technical duties and proportional treaty processes. Review common scenarios and challenges faced in these areas so you can respond confidently and knowledgeably.

Treaty Reinsurance Technician
Nashrock Recruitment Apply now
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