Reinsurance Technician

4 weeks ago

Ipswich, Suffolk, United Kingdom Employment Specialists Ltd Full time

Our Client is seeking experienced Reinsurance professionals to join them in order to work as part of a dedicated team of Technicians.

Whether you have a curiosity for Reinsurance or you are looking for a change in career, this is the ideal place to learn new skills and an opportunity for you to progress. There are opportunities across Pro Rata, Binder, Facultative and/or Excess of Loss.

This is a role that can be conducted on a hybrid basis.

As a Reinsurance Technician, you will:

  • Understand the Client's business, continually working with the Account Executives to fully support any specific client requirements
  • Participate in renewal planning, anticipating and preventing possible issues
  • Manage and coordinate workflow around renewals for your clients
  • Delivery of reliable, high-quality and timely technical and administrative support
  • Attend relevant meetings, ensure notes and follow up actions are completed
  • Develop and maintain close working relationships with Brokers & Account Executives
  • Generate and issue evidence of cover, debit notes and closing instructions
  • Produce contractual documentation to a high level and within timescales
  • Produce data, statistics, and information packs in support of the placement of a client's programme
  • Prepare accurate and timely production of client documentation (Market Reform Contracts, Evidence of Cover, Policies, slips, wordings clauses etc) in accordance with client and market needs.
  • Manage and resolve queries from clients and Insurers

Requirements:

  • Previous Reinsurance experience within Pro Rata, Binder, Facultative and/or Excess of Loss is advantageous
  • Successful management of workload; with an ability to manage expectations
  • Significant experience of working in a technical capacity for a Broker is favourable
  • Experience of using London Market systems such as ECF and LORS is ideal
  • Proficiency in Microsoft Office Applications (Word, Excel, PowerPoint)
  • Willingness to learn and develop new skills and knowledge

Additional Benefits:

On top of a competitive salary, you will be offered a fantastic benefits package including:

  • Generous pension contribution
  • Private Medical Insurance
  • Medicare cash plan
  • Minimum of 25 days annual leave (with flexibility to buy more)
  • Life Assurance
  • Income Protection
  • Critical Illness cover
  • Enhanced Maternity, Paternity Adoption and Shared Parental Leave

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