London Market Reinsurance Expert

1 day ago


City Of London, United Kingdom MW Appointments Full time
Role Overview

We are looking for an experienced London Market Reinsurance Expert to join our team in the City of London. As a key member of our Reinsurance Department, you will play a vital role in delivering exceptional results for our clients.

The successful candidate will be responsible for producing placing slips, endorsements, Evidence of Covers, Addendums and Verification of Reinsurance documents. They will review these documents at key stages to ensure accuracy and completeness. The candidate will also process original and additional/return premiums using our Insurance Broking Software system.

The ideal candidate will have strong communication skills, written and oral, and be able to work accurately and thoroughly. They should also have knowledge of the FCA and internal procedures including the Best Practice Manual.

Responsibilities:

  • Timely production of placing slips and other documents
  • Reviewing documents for accuracy and completeness
  • Processing premiums using our software system
  • Generating client accounting documentation
  • Monitoring premium payments
  • Assisting with reconciliation of unallocated cash
  • Producing statistics as required

Requirements:

  • Strong market and industry structure knowledge
  • Technical insurance knowledge to CertCII level
  • Sector-specific risks and reinsurance products knowledge
  • Excellent IT literacy
  • Excellent client servicing skills
  • Knowledge of the FCA and internal procedures

Salary and Benefits:

  • Estimated salary: £30,000
  • Home split location option
  • Opportunity to develop skills further


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