Reinsurance Technician

1 month ago

Witham, Essex, United Kingdom Marsh McLennan Full time

Reinsurance Technician – Witham - Hybrid working Pattern

We are seeking experienced Insurance professionals to join Guy Carpenter in order to work as part of a dedicated team of Technicians in Witham.

As a Reinsurance Technician, You will support our client base through transactional processing, securing reinsurance recoveries and through timely and accurate system entry.

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. We have a number of opportunities across specialisms Pro Rata, Binder, Facultative and/or Excess of Loss on a permanent basis

This role is available on a hybrid basis, offering home working for 2-3 days, with the other days based in our newly refurbished office in Witham. Free parking is available a short walk from the office.

Although this is a full time offering, candidates looking to work 28 hours+ may be considered.

What can you expect:

  • Work with Reinsurance professionals with experience and technical knowledge within major or commercial lines of business
  • Gain significant experience of working within a technical capacity for a Broker
  • Apply your experience and further development within a role that's truly progressive and offers full end-to-end responsibility of a client portfolio
  • Be part of a global business that works with clients of all sizes to define, design and deliver innovative solutions to better quantify and manage risk

What you will be rewarded with:

  • Competitive Benefits Package including: 27 days annual leave, excellent pension contributions, private medical cover, life assurance, income protection, employee assistance program, plus a range of flexible benefits including the option to buy or sell up to 5 days holiday per year, cycle to work, dental insurance, health assessments plus many more
  • Generous Family Leave including: 6 months paid maternity leave, 4 months paid paternity leave, 6 months paid adoption leave plus shared parental leave options. To help ease the transition when you return to work you will be able to work 8 weeks at 80% of your normal work pattern and receive 100% of your normal salary
  • Free Parking available a short walk from our Witham office

We will rely on you to:

  • Manage an assigned client portfolio, taking full responsibility of technical duties relating to client accounts, premiums and claims. Also covering excess of loss and pro rata business or alternatively binder and facultative risks types.
  • Assess and submit client and/or reinsurer presentation materials and communications
  • Work with Market Fiduciary to assist with collection of funds
  • Manage all brokerage receivables, funding, retention, e-trading, post booking receipt, ad hoc reporting requests, payment of funds and all management and transactional process steps
  • Promote, build and maintain relationships with Brokers, Clients and Markets. Understand issues, resolve problems and queries and review working practices
  • Participate in team meetings and activities to share opinions, ideas, knowledge and solutions

What you need to have:

  • Prior Insurance or Reinsurance experience within a technical capacity
  • Proficiency in Microsoft Office Applications (Word, Excel, PowerPoint)
  • Willingness to learn
  • Successful management of workload; with an ability to manage expectations

What makes you stand out:

(These skills are not essential)

  • Previous Reinsurance experience within Pro Rata, Binder, Facultative and/or Excess of Loss
  • Significant experience of working in a technical capacity for a Broker
  • Experience of using London Market systems such as ECF and LORS

About us:

Guy Carpenter & Company, LLC is a leading global risk and reinsurance specialist with more than 3,100 professionals in over 60 offices around the world. Guy Carpenter delivers a powerful combination of broking expertise, trusted strategic advisory services and industry-leading analytics to help clients adapt to emerging opportunities and achieve profitable growth. Guy Carpenter is a business of Marsh & McLennan Companies (NYSE: MMC), the world's leading professional services firm in the areas of risk, strategy and people. The company's 75,000 colleagues advise clients in over 130 countries. With annualized revenue approaching $17 billion, Marsh & McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading companies including Marsh, Mercer and Oliver Wyman. For more information, visit and follow Guy Carpenter on LinkedIn and Twitter @GuyCarpenter

Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people regardless of their sex/gender, marital or parental status, ethnic origin, nationality, age, background, disability, religion, sexual orientation, gender identity or any other characteristic protected by applicable law.

We are an equal opportunities employer. We are committed to providing reasonable support to any candidate with a disability/health condition to allow them to fully participate in the recruitment process. We welcome candidates to contact us at to discuss any specific needs.

#hybrid

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