Reinsurance Specialist

7 days ago

London, Greater London, United Kingdom AS Resourcing Full time
Reinsurance Technician Role

AS Resourcing is seeking a skilled Reinsurance Technician to join their team. As a Reinsurance Technician, you will play a crucial role in ensuring the accurate application of reinsurance recoveries to the reinsurance program.

Key Responsibilities:
  • Apply reinsurance recoveries to the reinsurance program with precision and accuracy.
  • Prepare and distribute reinsurance netting down and large loss reports to relevant stakeholders in a timely manner.
  • Sign off on monthly/quarterly reports, ensuring compliance with reinsurance regulations and policies.
  • Generate comprehensive reports with detailed analysis on a monthly/quarterly basis, highlighting problematic losses and reinsurers.
  • Review, sign off, and submit collections and advice documents to brokers, maintaining strong relationships with them.
  • Assist with Profit Commission, No Claims Bonus reviews, and Premium adjustments, ensuring accuracy and attention to detail.
  • Cultivate and maintain strong relationships with brokers, addressing their queries promptly and accurately.
  • Collaborate with internal departments to address questions or concerns, ensuring seamless communication and workflow.
  • Review and provide commentary on credit control reports, highlighting areas for improvement and potential risks.
  • Ensure compliance with reinsurance regulations and policies, supporting reinsurance audit work and preparation.
Requirements:
  • 2+ years of experience in the insurance industry, with a strong understanding of reinsurance principles and practices.
  • Proficiency in Microsoft Office, particularly Excel, with the ability to analyze and interpret complex data.
  • Strong attention to accuracy and numeracy skills, with the ability to prioritize tasks and manage workload effectively.
  • Demonstrated ability to establish and maintain positive relationships across various functions, with excellent written and verbal communication skills.
  • Meticulous attention to detail and a willingness to improve processes, with a strong commitment to delivering high-quality results.
What We Offer:

AS Resourcing offers a competitive basic salary, extensive benefits, a discretionary bonus, and a hybrid working arrangement (2 days in the office per week). If you are a motivated and detail-oriented individual with a passion for reinsurance, we encourage you to apply for this exciting opportunity.

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