Senior Reinsurance Technician

Senior Reinsurance Technician

London Full-Time 48000 - 72000 Β£ / year (est.) No home office possible
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At a Glance

  • Tasks: Analyse reinsurance discrepancies and prepare detailed financial reports.
  • Company: Join a leading organisation in the dynamic Insurance industry.
  • Benefits: Enjoy a contract role with potential for growth and valuable experience.
  • Why this job: Be part of a vibrant finance team and enhance your analytical skills.
  • Qualifications: Strong knowledge of reinsurance accounting and proficiency in financial software required.
  • Other info: Ideal for detail-oriented individuals who thrive under deadlines.

The predicted salary is between 48000 - 72000 Β£ per year.

Job Opportunity: Senior Reinsurance Technician

We are thrilled to represent our esteemed client in the Insurance industry on their search for a seasoned Senior Reinsurance Technician. This role is a contract position located within the vibrant Finance department of our client’s organisation.

Role & Responsibilities

  • Analyse and resolve reinsurance accounting discrepancies.
  • Interpret complex reinsurance agreement terms and assess their impact on financial transactions.
  • Prepare detailed reports related to reinsurance recoverables and payables.
  • Work closely with financial auditors to provide required information and support during audits.
  • Collaborate with internal teams to ensure accurate financial data is maintained and reported.
  • Enhance and maintain financial systems and controls to support reinsurance processes.

Key Skills

  • Strong practical knowledge of reinsurance accounting principles.
  • Proficient in the use of financial software systems.
  • Excellent analytical and negotiation skills.
  • Profound attention to detail and high accuracy in work.
  • Ability to manage time effectively and meet strict deadlines.
  • Strong communication skills, both written and verbal

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Senior Reinsurance Technician employer: Oliver James Associates Ltd.

Our client is an exceptional employer, offering a dynamic work environment within the Finance department that fosters collaboration and innovation. Employees benefit from comprehensive professional development opportunities, a supportive culture that values diversity, and the chance to work on impactful projects in the insurance sector. Located in a vibrant area, the company also provides a range of employee benefits that enhance work-life balance and job satisfaction.
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Contact Detail:

Oliver James Associates Ltd. Recruiting Team

StudySmarter Expert Advice 🀫

We think this is how you could land Senior Reinsurance Technician

✨Tip Number 1

Familiarise yourself with the latest trends and regulations in reinsurance. This will not only help you understand the industry better but also demonstrate your commitment and knowledge during interviews.

✨Tip Number 2

Network with professionals in the insurance and reinsurance sectors. Attend industry events or join relevant online forums to connect with potential colleagues and learn about unadvertised job opportunities.

✨Tip Number 3

Brush up on your financial software skills, especially those commonly used in reinsurance accounting. Being proficient in these tools can set you apart from other candidates and show that you're ready to hit the ground running.

✨Tip Number 4

Prepare for potential interview questions by practising how to explain complex reinsurance terms and concepts clearly. This will showcase your analytical skills and ability to communicate effectively, which are crucial for this role.

We think you need these skills to ace Senior Reinsurance Technician

Reinsurance Accounting Principles
Financial Software Proficiency
Analytical Skills
Negotiation Skills
Attention to Detail
Time Management
Deadline Orientation
Communication Skills
Report Preparation
Collaboration with Internal Teams
Financial Auditing Support
Financial Systems Enhancement
Problem-Solving Skills

Some tips for your application 🫑

Understand the Role: Before applying, make sure to thoroughly understand the responsibilities and skills required for the Senior Reinsurance Technician position. Tailor your application to highlight your relevant experience in reinsurance accounting and financial systems.

Highlight Relevant Experience: In your CV and cover letter, emphasise your practical knowledge of reinsurance accounting principles and any experience you have with financial software systems. Use specific examples to demonstrate your analytical and negotiation skills.

Craft a Strong Cover Letter: Write a compelling cover letter that not only outlines your qualifications but also explains why you are interested in this particular role within the Finance department. Show enthusiasm for the company and how you can contribute to their success.

Proofread Your Application: Before submitting your application, carefully proofread all documents to ensure there are no spelling or grammatical errors. Attention to detail is crucial for this role, so make sure your application reflects that quality.

How to prepare for a job interview at Oliver James Associates Ltd.

✨Know Your Reinsurance Principles

Make sure you brush up on your knowledge of reinsurance accounting principles. Be prepared to discuss how you've applied these principles in previous roles, as this will demonstrate your expertise and suitability for the position.

✨Familiarise Yourself with Financial Software

Since proficiency in financial software systems is crucial for this role, take some time to review the specific software mentioned in the job description. If you have experience with similar systems, be ready to share examples of how you've used them effectively.

✨Prepare for Analytical Questions

Expect questions that assess your analytical skills. You might be asked to solve a hypothetical reinsurance accounting discrepancy or interpret complex agreement terms. Practising these scenarios can help you articulate your thought process clearly during the interview.

✨Showcase Your Communication Skills

Strong communication skills are essential for this role, especially when collaborating with internal teams and financial auditors. Prepare examples of how you've successfully communicated complex information in the past, and be ready to demonstrate your ability to convey ideas clearly and concisely.

Senior Reinsurance Technician
Oliver James Associates Ltd.
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