Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Support reinsurance purchasing, manage wordings, and calculate reinsurance amounts.
- Company: Join a leading Lloyd's underwriter known for its friendly and inclusive culture.
- Benefits: Enjoy a generous benefits package and a dynamic work environment.
- Why this job: Be part of a reputable company making an impact in the insurance industry.
- Qualifications: Five years of experience in reinsurance administration is required.
- Other info: Experience with automatic calculation tools is a plus.
The predicted salary is between 48000 - 64000 £ per year.
This leading Lloyd's and company underwriters has an excellent market reputation and offers a dynamic but extremely friendly and inclusive working environment combined with a generous benefits package. They are now looking for an experienced Ceded Reinsurance Technician to join their City of London operation.
The ideal candidate will have a minimum of five years experience in outwards reinsurance administration and practices. Experience with reinsurance automatic calculation tools would be beneficial.
Duties will include but not be limited to:
- Providing support for the reinsurance purchasing process including preparation of quote schedules for sign off and management of wordings.
- Capturing, calculating and recording of reinsurance amounts whether proportional or non-proportional.
- Issuing statements and recoveries.
- Preparing outwards reinsurance technical accounts including review and calculation of cash losses, profit commissions and portfolio transfers.
- Outwards Excess of Loss recoveries, monitoring for reinsurance recoveries and issued premium adjustments.
- Agreeing company reinsurance statements.
- Monitoring of aged debt.
Senior Reinsurance Technician. employer: Taylor James Resourcing Limited
Contact Detail:
Taylor James Resourcing Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Reinsurance Technician.
✨Tip Number 1
Network with professionals in the reinsurance industry, especially those who work in Lloyd's and company underwriters. Attend industry events or join relevant online forums to connect with potential colleagues and learn about the latest trends and practices.
✨Tip Number 2
Familiarise yourself with the specific tools and software used in reinsurance calculations. If you have experience with automatic calculation tools, be prepared to discuss how you've used them effectively in your previous roles.
✨Tip Number 3
Stay updated on the latest regulations and changes in the reinsurance market. This knowledge will not only help you in interviews but also demonstrate your commitment to the field and your ability to adapt to evolving practices.
✨Tip Number 4
Prepare to discuss specific examples from your past experience that highlight your skills in managing reinsurance processes, such as preparing quote schedules or handling technical accounts. Use the STAR method (Situation, Task, Action, Result) to structure your responses.
We think you need these skills to ace Senior Reinsurance Technician.
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in outwards reinsurance administration. Include specific examples of your work with reinsurance calculations and any tools you've used, especially automatic calculation tools.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Mention your five years of experience and how it aligns with the duties listed in the job description, such as preparing quote schedules and managing wordings.
Highlight Relevant Skills: In your application, emphasise skills that are crucial for the role, such as attention to detail, analytical skills, and experience with technical accounts. Use keywords from the job description to make your application stand out.
Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your professionalism and attention to detail, which is vital in the reinsurance sector.
How to prepare for a job interview at Taylor James Resourcing Limited
✨Know Your Reinsurance Basics
Make sure you have a solid understanding of reinsurance principles, especially outwards reinsurance administration. Brush up on key terms and processes, as this will demonstrate your expertise and confidence during the interview.
✨Showcase Relevant Experience
Prepare to discuss your previous roles in detail, particularly focusing on your experience with reinsurance practices. Highlight specific examples where you've successfully managed quote schedules, calculated reinsurance amounts, or prepared technical accounts.
✨Familiarise Yourself with Tools
If you have experience with reinsurance automatic calculation tools, be ready to talk about them. If not, do some research on commonly used tools in the industry. Showing that you're proactive about learning can set you apart from other candidates.
✨Ask Insightful Questions
Prepare thoughtful questions about the company's reinsurance processes and their approach to team collaboration. This shows your genuine interest in the role and helps you assess if the company culture aligns with your values.
