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Reinsurance Technician
4 weeks ago
This position is available on a hybrid basis, offering home working for 2-3 days, with the other days based in our office in Essex.
Although reinsurance experience would be advantageous, we are considering candidates with Insurance claims backgrounds who can demonstrate a desire to embark on a career in reinsurance.
What can you expect:
• Work with Reinsurance professionals across Essex, London and Birmingham with experience and technical knowledge
• 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:
• We offer and embrace a hybrid working model that nurtures a collaborative working environment in the office 2 days per week allowing 3 days per week to be spent working on a remote basis.
• Competitive Benefits Package including: 27 days annual leave, up to 4 days flexible bank holidays, 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 close to the 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
• Work with Market Fiduciary to assist with collection of funds
• Manage all XOL post, brokerage receivables, funding, retention, e-trading, ad hoc reporting requests, and all transactional process steps
• Promote, build and maintain relationships with Brokers, Clients and Markets
• Participate in training sessions, and provide input within the team and/or department for all aspects of reinsurance service processing to assist with troubleshooting
What you need to have:
• Insurance Claims experience and a desire to move into the Reinsurance sector
• Strength in numbers
• Competent Excel skills and proficiency in Microsoft Office Applications
• Willingness to learn
• Successful management of workload; with an ability to manage expectations
What makes you stand out: (These skills are not essential)
• Reinsurance Claims experience
• Experience within Excess of Loss (XOL)
• Experience of working in a technical capacity for a Broker
• Experience of using London Market systems such as ECF and LORS
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