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Reinsurance Expert

2 months ago

London, Greater London, United Kingdom Bruin Full time

Role Overview

We are seeking a highly skilled Reinsurance Expert to join our team at Bruin, a leading Lloyd's syndicate based in London. This is an exciting opportunity for you to contribute to the success of our dynamic and growing organization.

Key Responsibilities

  • Support the placement and administration of reinsurance contracts, including facultative and treaty reinsurance.
  • Maintain accurate records of all reinsurance transactions, ensuring compliance with regulatory and internal guidelines.
  • Liaise with underwriters, claims teams, brokers, and other stakeholders to provide technical support and ensure smooth reinsurance processes.
  • Assist with the preparation of reports and presentations for internal and external meetings.
  • Monitor reinsurance recoverables and follow up on outstanding balances.
  • Coordinate the submission of bordereaux and reinsurance documentation as required.
  • Contribute to the development and improvement of processes within the reinsurance team.
  • Support with regulatory reporting and audits.

Requirements

  • Prior experience in a reinsurance technician role, preferably within a Lloyd's syndicate or London Market environment.
  • Strong knowledge of reinsurance contracts, including both facultative and treaty business.
  • Excellent attention to detail and organizational skills.
  • Strong communication and interpersonal skills, with the ability to build effective working relationships with internal and external stakeholders.
  • Ability to work independently as well as part of a collaborative team.
  • Proficiency in Microsoft Office, particularly Excel, and experience with relevant reinsurance systems.

What We Offer

  • A competitive salary of £60,000 - £80,000 per annum.
  • A comprehensive benefits package, including hybrid working arrangements and opportunities for career development.
  • A supportive and collaborative work environment with a strong focus on employee well-being.

About Us

Bruin is a leading Lloyd's syndicate based in the heart of London's insurance market. We pride ourselves on our dynamic and growing team, committed to providing top-tier reinsurance solutions. Our company culture values collaboration, innovation, and customer satisfaction.