At a Glance
- Tasks: Support the Ceded Reinsurance team with post-placement administration and project activities.
- Company: Join Fidelis, a leading bespoke (re)insurance business in specialty lines.
- Benefits: Enjoy remote work flexibility and a diverse, inclusive workplace culture.
- Why this job: Be part of a dynamic team that values diversity and offers growth opportunities.
- Qualifications: A university degree in a numerate field is preferred; insurance knowledge is essential.
- Other info: Contribute to exciting projects and enhance your skills in a supportive environment.
The predicted salary is between 43200 - 72000 £ per year.
The Fidelis Partnership is a leading specialty, bespoke and (re)insurance business. The Senior Ceded Reinsurance Technician’s role is to support the Ceded Reinsurance Technical Operations Manager in delivering timely and accurate post-placement administration of Fidelis group’s Ceded reinsurance program.
The incumbent is expected to possess a good level of systems and data knowledge and a strong understanding of technical Ceded RI concepts, allowing them to proactively contribute to both the day-to-day running of the Ceded RI program and Ceded RI project activity.
- Ensuring all ceded reinsurance contracts are accurately recorded in the policy admin system.
- Assist with training new and current team members when required.
- Provide pro-active customer service to operations, underwriting, actuarial, IT and finance teams.
- Be actively involved in the on-going development of the Company’s reinsurance administration procedures and systems.
- Leading contribution to the Ceded RI workstream of the Business Transformation project.
- Assist in the preparation of various information to aid the analysis and placement of reinsurance programmes.
- Undertake SOX peer reviews and quality assurance checks within defined Service Level Agreements.
- Support and lead projects to include but not limited to Phase 4 of the Ceded Re transformation project, internal and external audits, testing as required and promote adherence to best practices.
- Ensure monthly internal and Insurance Group SLA/KPIs are met.
University degree, preferably in a numerate field (finance, statistics, economics, mathematics, etc.). Combined Company and Lloyds background beneficial. An excellent level of insurance and reinsurance knowledge required. Strong knowledge of the Microsoft Suite of applications with Excel skills such as iterative formulae (nested ifs), multi-criteria lookups (index, match), sumifs and pivot tables. Power query/VBA/SQL experience a plus, but not required.
Our vision is for a workplace culture where differences are valued and where diversity of background, experience and thought are welcomed. We want to create an environment where all employees, regardless of who they are, are given equal opportunities for career progression and enjoy fair reward from their and The Fidelis Partnership successes. This will be driven by a workforce that embraces Diversity and Inclusion at every level, in every department across The Fidelis Partnership.
Technician - HOME BASED employer: The Fidelis Partnership
Contact Detail:
The Fidelis Partnership Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Technician - HOME BASED
✨Tip Number 1
Familiarise yourself with the specific technical concepts of Ceded Reinsurance. Understanding the nuances of this area will not only help you in interviews but also demonstrate your proactive approach to the role.
✨Tip Number 2
Brush up on your Excel skills, especially with advanced functions like nested IFs and pivot tables. Being able to showcase your proficiency in these areas during discussions can set you apart from other candidates.
✨Tip Number 3
Network with professionals in the insurance and reinsurance sectors. Engaging with industry peers can provide insights into the company culture at Fidelis and may even lead to referrals.
✨Tip Number 4
Demonstrate your commitment to diversity and inclusion in your conversations. Since Fidelis values a diverse workplace, showing that you align with their vision can make a positive impression.
We think you need these skills to ace Technician - HOME BASED
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Senior Ceded Reinsurance Technician. Familiarise yourself with key concepts in ceded reinsurance and the specific requirements mentioned in the job description.
Tailor Your CV: Customise your CV to highlight relevant experience and skills that align with the job. Emphasise your knowledge of insurance and reinsurance, as well as any technical skills related to data management and Microsoft applications.
Craft a Strong Cover Letter: Write a compelling cover letter that showcases your enthusiasm for the role and the company. Mention how your background in finance or a numerate field makes you a suitable candidate, and express your commitment to diversity and inclusion.
Proofread Your Application: Before submitting, carefully proofread your application materials. Check for any spelling or grammatical errors, and ensure that all information is clear and concise. A polished application reflects your attention to detail.
How to prepare for a job interview at The Fidelis Partnership
✨Showcase Your Technical Knowledge
Make sure to brush up on your understanding of ceded reinsurance concepts and the specific systems used in the industry. Be prepared to discuss how your technical skills can contribute to the day-to-day operations and projects at The Fidelis Partnership.
✨Demonstrate Team Collaboration
Since the role involves working closely with various teams, highlight your experience in collaborative environments. Share examples of how you've successfully worked with operations, underwriting, and finance teams to achieve common goals.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving abilities and how you handle real-world situations. Think of scenarios where you had to ensure accuracy in data management or improve processes, and be ready to explain your approach.
✨Emphasise Your Commitment to Diversity and Inclusion
The Fidelis Partnership values diversity and inclusion, so be sure to express your understanding of its importance. Share any experiences you have that demonstrate your commitment to fostering an inclusive workplace culture.