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Reinsurance Specialist
2 months ago
AXA XL is seeking a highly skilled Reinsurance Specialist to join our Ceded Reinsurance team in London. As a key member of our team, you will be responsible for managing and operating ceded reinsurance in multiple operating system tools, partnering with intermediaries to manage sanction-related issues, and working closely with internal stakeholders to review and improve sanction review processes.
Key Responsibilities:
- Manage and operate ceded reinsurance in 3 operating system tools.
- Partner with intermediaries to manage sanction-related issues.
- Work with Ceded Re and across departments to review and improve sanction review processes.
- Support Ceded Re transformation journey, actively participating in projects to drive efficiency.
- Oversee cash calls to issue as per contractual provisions.
- Ensure all contractual reporting requirements are met.
- Work closely with Technical Accounting team to support credit control process and improve cash flow.
- Attend regular meetings with Ceded Placement Officers to understand new placements and how ceded can be applied.
- Provide review and sign-off of new policy set up by ESS Shared Services in core systems.
- Contribute to the Frame Fac Premiums process for XLICSE (liaise with Middle Office, settlement and premiums adjustments) until run-off.
Requirements:
- Some experience with multiple lines of business in Reinsurance environment in previous roles.
- Advanced command of MS office and in particular advanced Excel skills and potential Access.
- Ability to liaise with key stakeholders internally and externally.
- Good Collaborator: can work effectively with key stakeholders at all levels.
- Coaching and capability-building, conscientious about quality and accuracy of work provided.
- Excellent Time management and organization skills.
- Agility and ability to work on several topics at the same time.
- Experience working with a virtual team.
- Robust Communicator: Excellent verbal and written communication, collaboration both in person and virtual.
- Able to work to tight deadlines in order to correctly reflect in financials for close.
- Good eye for detail and process.
- Comfortable in giving training to team where required.
- Ability to travel to other AXA XL offices for meeting and training colleagues.
About AXA XL:
AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. For mid-sized companies, multinationals, and even some inspirational individuals, we don't just provide re/insurance, we reinvent it.
How? By combining a comprehensive and efficient capital platform, data-driven insights, leading technology, and the best talent in an agile and inclusive workspace, empowered to deliver top client service across all our lines of business − property, casualty, professional, financial lines, and specialty.
With an innovative and flexible approach to risk solutions, we partner with those who move the world forward.
Inclusion & Diversity:
AXA XL is committed to creating an inclusive and diverse workplace where everyone feels valued and respected. We believe that diversity is a strength and that our differences are what make us better.
