Senior Reinsurance Technician

5 days ago


London, Greater London, United Kingdom The Emerald Group Full time
Senior Reinsurance Technician

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 reinsurance processes.

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 comprehensive understanding 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.
  • Provide training and instruction to less senior members of the Ceded Re Team.
  • Maintain a working knowledge of all Non-marine & Marine classes of business.
  • Understand all Non-proportional, Proportional and Facultative Reinsurance processing.
  • Have experience in London Market outwards Reinsurance processing, preferably gained working for a Lloyds Syndicate or London Market Company.

This is an exciting opportunity for a skilled Reinsurance Technician to join a dynamic team and contribute to the success of The Emerald Group.



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