Deputy Manager, Ceded Re Operations

4 weeks ago


London, United Kingdom McNeil & Co. Full time

Deputy Manager, Ceded Re Operations page is loaded Deputy Manager, Ceded Re Operations Apply remote type Hybrid Working locations London, United Kingdom time type Full time posted on Posted 2 Days Ago job requisition id R24_371

With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠.

Role Summary and Purpose

The primary responsibility of this role is to lead and monitor the Ceded Reinsurance operations function. This role will work closely with the Ceded Re Operations Manager, the internal teams as well as brokers and reinsurers to ensure Reinsurance contracts are interpreted, entered onto the XLPro system and serviced in a timely fashion. Additional responsibilities include preparation of financial bookings, Reinsurer statements and queries and premium adjustments.

You will play an important role in overseeing and leading a team to achieve organizational goals and objectives. You will be responsible for providing guidance, support, and direction to team members, fostering a positive work environment, and driving performance excellence.

Key Tasks and Responsibilities

  • Provide clear direction to the Ceded Re Operations team
  • Oversee the day-to-day Ceded Re Operations, ensuring that processes and procedures are followed efficiently and effectively
  • Oversee and review Ceded calculations for facultative, XOL and quota share premium and claims for financial bookings (month end/quarter end/year end)
  • Ensure that all XOL deposits and premium adjustments are rendered in accordance with contractual terms
  • Maintain accrual process for XOL premium adjustments
  • Ensure that all QS periodic statements are rendered in accordance with contractual terms
  • Ensure all ceded claims are reported in line with contractual terms and action any reinsurer queries
  • Assist with preparation of any regulatory reporting including Lloyd’s returns, group reporting, terrorism pools
  • Develop relationships with internal and external stakeholders to drive efficiency and increase service levels
  • Assist the Ceded Re Operations Manager to review & Improve departmental processes and procedures
  • Assist with enhancing, maintaining and evidencing the current SOX Controls
  • Work independently or with other team members on the continuous improvement projects as directed by the Ceded Re Operations Manager

Role Requirements & Skills

Skills / Competencies
  • Strong Excel skills at proficient level are essential for this role
  • Experience using XLPro is desirable
  • Ability to meet financial and contractual reporting deadlines
  • Strong communication with the ability to establish good working relationships both within and outside the organisation
  • Strong comprehension of business processes and systems
  • Ability and confidence to challenge existing procedures & use of systems
  • Strong technical skills
  • Detail orientated
  • Good understanding of Bureau systems and procedures
  • Awareness of Sox Controls
Qualifications
  • 5+ years’ experience in a similar role within the company & Lloyds Insurance market is essential
Experience
  • Candidate must have previous experience of leading a team or senior experience within Reinsurance Operations
  • Experience in Reinsurance Operations is essential

Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn’t the right fit but you’re interested in working for Arch, create a job alert Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch’s Talent Acquisition team.

#J-18808-Ljbffr

  • London, United Kingdom Arch Capital Group Full time

    With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠. Role Summary and Purpose The primary responsibility...


  • London, United Kingdom Summer Browning Full time

    We are looking for a CEDE Operations Manager to work within the public sector. Location: Hybrid working - London About the role : You will be responsible for leading for management of the delivery of all CEDE contracts to include, generation of the Service Delivery Instruction, support to the Commercial Manager to set up Contracts, Purchasing and...


  • London, United Kingdom Avencia Consulting Services Full time

    About usAvencia Consulting are recruiting on behalf of a leading Bespoke & Specialty Insurer who are looking to hire a Trainee Ceded Reinsurance Technician on a fixed term contract basis. This role will be based on site 5 days a week in the London office!The Company currently writes lines of business including; specialty insurance: aviation & aerospace,...


  • London, United Kingdom Avencia Consulting Services Full time

    About us Avencia Consulting are recruiting on behalf of a leading Bespoke & Specialty Insurer who are looking to hire a Trainee Ceded Reinsurance Technician on a fixed term contract basis. This role will be based on site 5 days a week in the London office! The Company currently writes lines of business including; specialty insurance: aviation & aerospace,...

  • Ceded Reinsurance

    4 weeks ago


    London, United Kingdom Venquis Full time

    **SENIOR CEDED REINSURANCE TECHNICIAN** **LONDON/REMOTE FLEX** A well-established Insurance client of mine is looking for a Senior Ceded Reinsurance Technician to join their team in London/Remote Flex to work on a number of exciting projects within the business. Experience required: - London Market - Ceded Operations - Outward Reinsurance Processing


  • London, United Kingdom Arthur Full time

    An excellent opportunity has arisen at a global specialty (re)insurer with a significant presence in the Lloyd's market for a Ceded Reinsurance Buyer to join at Manager level. Working in a centralised Reinsurance Buying function you will have responsibility placing a complex reinsurance programme for long tail business written at the carrier. Classes of...


  • London, United Kingdom McNeil & Co. Full time

    Apply remote type Hybrid Working locations London, United Kingdom time type Full time posted on Posted 2 Days Ago job requisition id R24_371 With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the...


  • London, United Kingdom Monument Re Full time

    **About the role**: We are looking for an investment Operations associate to join a dynamic and fast moving team within the Monument Re Group. This role will be supporting the Operational Oversight function who are responsible for co-ordinating the investment function’s approach to and monitoring of transactions, projects, third party investment managers...


  • London, United Kingdom XL Catlin Full time

    **Flexible Work Eligible**: Flexible Work Schedule, None **DISCOVER your opportunity** Ceded Reinsurance is a strategic function within AXA XL in charge of defining and implementing the reinsurance strategy as well as administrating all reinsurance treaties through their lifecycle. Ceded Re is part of the AXA XL Risk Management function, the AXA XL Chief...


  • London, United Kingdom AXA XL Full time

    This job is brought to you by Jobs/Redefined, the UK's leading over-50s age inclusive jobs board. Ceded Re Technical Accounting Project Delivery Senior Manager AXA XL continues to invest in its end-to-end capabilities and innovate notably in improving the current Ceded Re operating mode while developing a strategy to implement one new RI tool . ...


  • London, United Kingdom AXA Group Full time

    Ceded Reinsurance – Senior Reinsurance Technician London, England, United Kingdom Ceded Reinsurance is a strategic function within AXA XL in charge of defining and implementing the reinsurance strategy as well as administrating all reinsurance treaties through their lifecycle. Ceded Re is part of the AXA XL Risk Management function, the AXA XL Chief...


  • London, United Kingdom Avencia Consulting Services Full time

    Avencia Consulting are recruiting on behalf of a leading Bespoke & Specialty Insurer who are looking to hire a Trainee Ceded Reinsurance Technician on a fixed term contract basis. This role will be based on site 5 days a week in the London office! specialty insurance: aviation & aerospace, energy, marine, property, terror & political violence, contingency...


  • London, United Kingdom CHUBB Full time

    Deputy Manager, Industry Practices  The Opportunity The Deputy Manager for Industry Practices will support the delivery of underwriting results and operational standards across the regions of Chubb Overseas General (COG) for Fire, Casualty, E&O and Cyber across the Industry Practices working hand in hand with the Line of Business stakeholders. They...

  • Operations Manager

    3 weeks ago


    London, United Kingdom Munich Re Specialty Group Full time

    At Munich Re Specialty Group (MRSG), individuality and intellectual curiosity is a key driver for our success and innovation. We believe that leveraging a variety of perspectives and backgrounds, and empowering all employees to make an impact, will motivate us to perform at our best and give us a competitive edge. We know there is always more work to be...

  • Operations Manager

    2 days ago


    London, United Kingdom SUMMER-BROWNING ASSOCIATES LIMITED Full time

    We are looking for a Operations Manager to work within the public sector. Location: Hybrid working - London About the role : You will be responsible for leading for management of the delivery of all CEDE contracts to include, generation of the Service Delivery Instruction, support to the Commercial Manager to set up Contracts, Purchasing and Finance...


  • London, United Kingdom YMCA Thames Gateway Full time

    This job is brought to you by Jobs/Redefined, the UK's leading over-50s age inclusive jobs board. You We are currently recruiting for a Deputy Manager for our Preschool based in Romford. The role of the Deputy Manager plays a pivotal role in supporting the overall operation of our Preschool. This role focuses on assisting the Preschool Manager in...

  • Operations Manager

    3 days ago


    City of London, United Kingdom SUMMER-BROWNING ASSOCIATES LIMITED Full time

    We are looking for a Operations Manager to work within the public sector.Location: Hybrid working - London About the role: You will be responsible for leading for management of the delivery of all CEDE contracts to include, generation of the Service Delivery Instruction, support to the Commercial Manager to set up Contracts, Purchasing and Finance (CP&F),...

  • Operations Manager

    3 days ago


    City of London, United Kingdom SUMMER-BROWNING ASSOCIATES LIMITED Remote Work Freelance Full time

    We are looking for a Operations Manager to work within the public sector.Location: Hybrid working - London About the role: You will be responsible for leading for management of the delivery of all CEDE contracts to include, generation of the Service Delivery Instruction, support to the Commercial Manager to set up Contracts, Purchasing and Finance (CP&F),...


  • London, United Kingdom Hannover Re Full time

    Financial Accountant - Hannover Re UK Life Branch We are seeking a Financial Accountant to join our Hannover Re UK Branch for a 1 year fixed term contract. The Financial Accountant role combines hands-on accounting and finance expertise with leadership and oversight responsibilities. The role will own the financial planning and reporting processes for...


  • London, United Kingdom Hannover Re Full time

    We are seeking a Financial Accountant to join our Hannover Re UK Branch for a 1 year fixed term contract. The Financial Accountant role combines hands-on accounting and finance expertise with leadership and oversight responsibilities. The role will own the financial planning and reporting processes for Hannover Re’s UK non-insurance entities, the...