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Reinsurance Risk Analyst

2 months ago

London, Greater London, United Kingdom Nexere Consulting Full time
Job Summary

We are seeking a highly skilled Outwards Reinsurance Analyst to join our team at Nexere Consulting. The successful candidate will be responsible for assisting the Head of Outwards Reinsurance with daily reporting and processing of our outwards reinsurance function, as well as assisting senior management with reinsurance placements and the recovery of reinsurance claims.

Key Responsibilities

• Produce MI Reports of all outgoing RI contracts/transactions, including premiums and claims;
• Oversee ORI processing at S1856, including collating all ORI placements and ensuring they are recorded into the ORI system in a timely manner;
• Oversee ORI aged debt, RI security, and counterparty limit management in the MI reporting packs;
• Oversee ORI recovery procedures, including processing release statements, trust agreements, and contracts with all pertinent parties;
• Communicate with custodians, brokers, and LOC providers to handle top-ups and releases of collateral.

Working Arrangements

The role is based in Central London and requires a 3-day week in the office. The successful candidate will be offered a competitive salary of up to £69,000 per annum, plus benefits.