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Senior Reinsurance Specialist

2 months ago


London, Greater London, United Kingdom XL Catlin Full time
Job Summary

We are seeking a highly skilled Senior Reinsurance Specialist to join our team at XL Catlin. As a key member of our Ceded Reinsurance Operations team, you will play a critical role in defining and implementing our reinsurance strategy, as well as administering all reinsurance treaties throughout their lifecycle.

Key Responsibilities
  • Administer Global Specialty & Property Treaty, including claims for identification and application of Ceded Reinsurance.
  • Monitor inward claim movements to identify and apply where ceded recoveries can be made.
  • Perform sign off on material collections and advice issued based off audit thresholds.
  • Partner with our intermediaries to manage claims queries and sanction-related issues.
  • Provide review and sign-off of new policy set up by ESS Shared Services in core systems.
  • Work closely with our Ceded Claims team to support commutation requests and manage complex claims.
  • Oversee accurate records of ceded reinsurance transactions (Treaties, Facs and Captives) across XL Catlin BUs.
Requirements
  • Experience with multiple lines of business in claims environment in previous Insurance roles.
  • Advanced command of MS Office and in particular advanced Excel skills and potential Access.
  • Coaching and capability-building, conscientious about quality and accuracy of work provided.
  • Experience working with a virtual team.
  • Able to work to tight deadlines to correctly reflect in financials for close.
  • Comfortable in giving training to team where required.
  • Ability to travel to other XL Catlin offices for meeting and training colleagues.
About XL Catlin

AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. 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.

Our Commitment to Diversity and Inclusion

AXA XL is committed to equal employment opportunity and will consider applicants regardless of gender, sexual orientation, age, ethnicity and origins, marital status, religion, disability, or any other protected characteristic.

Our Benefits
  • Robust support for Flexible Working Arrangements.
  • Enhanced family-friendly leave benefits.
  • Named to the Diversity Best Practices Index.
  • Signatory to the UK Women in Finance Charter.