Job Title: Senior Reinsurance Technician
Reporting to: RI Operations Manager
Direct Reports: None
Position Type: Permanent
Overview:
Why Tokio Marine HCC?
Standing still is not an option in the current world of Insurance. TMHCC are one of the world’s leading Specialty Insurers. With deep expertise in our chosen lines of business, our unparalleled track record and a solid balance sheet, TMHCC evaluates and manages risk like no one else in the industry. Looking beyond profit, empowering our people and delivering on our commitments are at the core of our customer values, and so is a desire to grow and provide creative and innovative solutions to our clients.
Job Purpose:
Act as a key business partner on the Underwriting Line of Business assigned and be accountable for all outwards post placement activity ensuring contracts are captured accurately in outwards system and collections are notified to brokers in a timely manner
Key Responsibilities:
- Understand and create reinsurance contracts in outwards systems
- Initiate settlement of reinsurance premium to broker and carrier with credit control team
- Identification and calculation of reinsurance recoveries within reinsurance systems including reconciliations to Finance outputs
- Submit accurate and timely statements, advices and collection notes to brokers and reinsurers
- Resolve queries and provide support to front office team working closely with shared services operations
- Identify potential improvements to processes and services
- Engage with stakeholders to provide updates on status and knowledge sharing
Skills and Experience Specification:
Essential:
The successful candidate will require knowledge and experience gained through working for an Insurance/Reinsurance Syndicate, Company or Broker.
- Experience, knowledge and In-depth understanding of the Insurance/Reinsurance Market from a Lloyd’s, Company or broker market perspective
- Methodical approach to problem solving and decision making
- Customer focus and service mentality
- Focus on execution and timely delivery of quality outputs
- Self-motivated, can-do attitude and pro-active mindset
- Works well as part of a team and on individual tasks
- Strong verbal and written communication skills, ability and confidence to challenge existing procedures & use of system
- Strong computer skills - knowledge of Microsoft Excel Pivot Tables, V-Lookups, and MS PowerPoint
Desirable:
- Industry recognised qualifications
- Continuous improvement experience
- Language skills
What We Offer
The Tokio Marine HCC Group of Companies offers a competitive salary and employee benefit package. We are a successful, dynamic organization experiencing rapid growth and are seeking energetic and confident individuals to join our team of professionals.
The Tokio Marine HCC Group of companies is an equal opportunity employer. Please visit www.tmhcc.com for more information about our companies.
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Senior Reinsurance Technician in London employer: Tokio Marine HCC
Tokio Marine HCC is an exceptional employer located in Bridgend, offering a dynamic work environment where employees can thrive and develop their skills in the insurance sector. With a strong emphasis on teamwork and professional growth, we provide comprehensive training and support, ensuring that our staff are well-equipped to excel in their roles. Our commitment to maintaining high service standards fosters a culture of excellence, making it a rewarding place for motivated individuals to build their careers.
