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Risk and Reinsurance Administrator

1 month ago

London, Greater London, United Kingdom Markel International Services Ltd Full time

About Us:

Markel International Services Ltd is a leading provider of specialist insurance solutions. We pride ourselves on prioritising employee wellbeing and embracing a flexible working environment.

In this role, you will be part of our Reinsurance team, which facilitates and supervises all aspects of Markel's ceded reinsurance programme, post placement.

Key Responsibilities:

  • Maximise the reinsurance asset by accurately recording and maintaining policy terms, ensuring timely and accurate calculation and issuance of reinsurance recoveries.
  • Ensure correct booking, advising, and settling of reinsurance premium and related expenses under Contractual Terms.
  • Develop strong relationships with team members and external partners to expedite receipt of reinsurance funds.

Requirements:

  • Experience in the insurance industry, with demonstrable knowledge of insurance and reinsurance.
  • Able to interpret and analyse reinsurance contract language to accurately assess the applicability of cover.
  • Strong numerical and analytical skills, with examples of optimal utilisation.
  • Delivery-oriented, motivated to succeed, and eager to drive personal development.
  • Excellent communication and interpersonal skills.

What You'll Get:

  • A competitive salary range of £50,000 - £70,000 per annum, depending on experience.
  • Opportunities for career growth and professional development.
  • An inclusive and supportive work environment.