Strategic Reinsurance Operations Specialist
3 weeks ago
Job Description - Reinsurance Specialist (Technical Operations) - Ceded Reinsurance
Reinsurance Specialist (Technical Operations), Ceded Reinsurance
Closed-loop collaboration with the AXA XL Risk Management function is crucial for the Ceded Reinsurance team, which defines and implements the reinsurance strategy and administers all reinsurance treaties throughout their lifecycle.
This role is part of the Ceded Reinsurance Specialty Technical Operations team based in London. The team's key responsibilities include:
- Global Specialty reinsurance policy set-up for Property & Aviation tower and administration of Ceded Reinsurance issued to brokers.
- Support the Ceded Re transformation journey, actively participating in projects that drive efficiency.
- Review and sign-off of new policy setup by ESS Shared Services in core systems.
Key Performance Indicators
The Ceded Re Operations team is accountable for accurate records of ceded reinsurance transactions across AXA XL BUs and treats representing $7.
- 40K claims movements reviewed per month;
Reporting Line
Chris Boom – Manager – Aviation & Property - Ceded Re Technical Operations
Exposure within AXA XL
Work with our Inward processing Middle office area for matters of specific RI such as Facultative.
Claim management with brokers & reinsurers for any queries arising.
Legal – liaise with Legal for matters arising from claims and sanctions.
Senior claims management – exposure to senior claims management on large loss reporting.
Finance & Actuarial – communication on any claims adjustments post close for accrual consideration.
Ceded claims group – liaison on large claim matters.
- Advanced command of MS Office, particularly Excel.
- Experience working with a virtual team.
- Able to give training to the team as required.
- Ability to travel to other AXA XL offices for meetings and training.
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