Senior Facultative Reinsurance Technician
4 weeks ago
This is an exciting opportunity to join AXIS Capital, a leading global provider of specialty lines insurance and reinsurance. As a Senior Facultative Reinsurance Technician, you will play a key role in delivering a strategic and forward-looking organization that advances the company's growth and profitability goals.
Key Responsibilities- Provide operational and reporting support for facultative administration, including ceded premiums, losses, settlements, accounting, and other related ceded activities.
- Have a working knowledge of reinsurance contracts and resulting reporting requirements to ensure ceded premiums and loss calculations are compliant.
- Review and interpret facultative certificates to set up contract terms for processing in reinsurance systems.
- Coordinate ceded premium month-end close process, including review and validation of reinsurance transactions with AXIS offshore partner.
- Develop strong relationships with internal and external clients to ensure accurate communication and timely response to inquiries.
- Assist with oversight and training of offshore partner.
- Support departmental compliance with operational controls, including SOX controls.
- Bachelor's degree in Accounting or equivalent.
- Range of 4-7 years' experience in reinsurance operations.
- Strong analytical and reconciliation skills.
- Proficiency in Microsoft Office suite of products applications, including advanced Excel knowledge.
- Internationally recognized qualification pursuit or equivalent experience (CPA, CA, ARe, CPCU) a plus.
- Retrocession and/or third-party capital industry knowledge with operations and reporting experience a plus.
- Experience with ceded reinsurance and financial systems a plus (ProCede and Oracle/SmartView).
AXIS Capital is a global insurer and reinsurer focused on specialty lines and treaty reinsurance. We are headquartered in Bermuda and operate in North America, EMEA, Asia, and Global Markets (including Lloyd's). Our company culture is entrepreneurial, disciplined, and ethical, and we strive to create an inclusive and welcoming environment for our employees.
What We OfferWe offer a competitive salary range of USD $72,000 - $120,000, depending on experience and location. In addition, all employees are eligible for competitive incentive targets and a comprehensive benefits package, including medical plans, health and wellness programs, retirement plans, tuition reimbursement, paid vacation, and more.
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