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Reinsurance Technician

2 months ago

London, Greater London, United Kingdom MW Appointments Full time
Reinsurance Technician

MW Appointments is seeking a skilled Reinsurance Technician to join its team. As a key member of the Reinsurance Department, you will be responsible for the timely and accurate production of placing slips, endorsements, Evidence of Covers, Addendums, and Verification of Reinsurance documents.

Key Responsibilities:
  • Produce high-quality documents that comply with the company's Best Practice Manual (BPM) and current market practice.
  • Review documents at key stages to ensure accuracy and completeness.
  • Process original and additional/return premiums using the company's Insurance Broking Software system.
  • Generate Client accounting documentation and market closing documentation.
  • Monitor premium payment and pursue the receipt of funds from Reinsureds to ensure settlement terms are met.
  • Assist the Finance Division with reconciliation of unallocated cash.
Requirements:
  • 12 months London Market Insurance experience.
  • Strong knowledge of market and industry structure and operation.
  • Excellent analytical and problem-solving skills.

MW Appointments offers a dynamic and supportive work environment. If you are a motivated and detail-oriented individual with a passion for reinsurance, we encourage you to apply for this exciting opportunity.