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The Emerald Group is seeking a highly skilled Senior Reinsurance Technician to join their team in London. As a key member of the Ceded Re Recoveries team, you will play a crucial role in ensuring the smooth operation of the reinsurance process.
Key Responsibilities:- Manage all aspects of reinsurance purchased by the syndicate, including dealing with claims and premium transactions.
- Assist in the quarterly Reinsurance close as per the syndicate's Procedures Manual.
- Attend meetings and discussions with RI/Claims/Underwriting and broker teams as required.
- Authorise claim and premium transactions on LORS and accurately allocate the resulting USM cash entry within the RI System.
- Develop a good working knowledge of the syndicate's Reinsurance system.
- Collate recovery statistics when requested.
- Support the Ceded Re RI recoveries manager in all aspects of the syndicate's RI processes.
- Teach and instruct less senior members of the Ceded Re Team.
- Working knowledge of all Non-marine & Marine classes of business.
- Working knowledge of all Non-proportional, Proportional and Facultative Reinsurance processing.
- London Market outwards Reinsurance processing experience, preferably gained working for a Lloyds Syndicate or London Market Company.
Requirements:
- Strong technical skills and knowledge of reinsurance processes.
- Excellent communication and interpersonal skills.
- Ability to work independently and as part of a team.
- Strong analytical and problem-solving skills.
- Ability to teach and instruct others.
