Senior Reinsurance Operations Specialist
4 days ago
We are seeking an experienced Senior Reinsurance Operations Specialist to join our team at AXA XL. As a key member of the Ceded Reinsurance Technical Operations team, you will be responsible for administering global specialty and property treaty reinsurance, including claims identification and application.
Responsibilities- Administer Marine, Property, and other Specialty lines of business claims, including Hull and Cargo, Upstream and Downstream Energy, Ports and Terminals, Marine War, Inland Marine, Recreational Marine, Energy Liability, Fine Art and Specie, Aquaculture, Accident and Health, Product Recall, Equine, and Property.
- Monitor inward claim movements to identify and apply ceded recoveries, calculating and applying ceded recoveries in core underwriting systems for both QS and XOL.
- Manage and operate Ceded reinsurance in 3 operating system tools, review Ceded comments from ESS India team on weekly/monthly reports to ensure correct application of Ceded to Treaty, manage control framework for Ceded claims key controls.
- Partner with intermediaries to manage claims queries and sanction-related issues, provide review and sign-off of new policy setup by ESS Shared Services in core systems, work closely with Ceded Claims team to support commutation requests and manage complex claims.
- Experience with multiple lines of business in claims environment in previous Insurance roles.
- Advanced command of MS Office and particularly advanced Excel skills and potential Access.
- Ability to liaise with key stakeholders internally and externally, expert collaborator: can work effectively with key stakeholders at all levels.
- Coaching and capability-building, conscientious about quality and accuracy of work provided, excellent time management and organization skills.
- Able to work on several topics at the same time, experience working with virtual teams, strong communicator: excellent verbal and written communication, collaboration, and presentation skills.
The estimated salary for this role is £65,000 - £85,000 per annum, depending on experience, plus benefits including health insurance, pension plan, and professional development opportunities.
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