Technical Reinsurance Expert
1 day ago
Job Description
The Emerald Group is seeking a skilled Technical Reinsurance Expert to join their team in London. This full-time position reports directly to the Ceded Re Recoveries Manager.
- Location: London
- Category: Technical Support
- Type: Permanent
Key Responsibilities:
- Analyze and manage all aspects of reinsurance purchased by the Syndicate.
- Collaborate with the Ceded Re Recoveries Manager to ensure timely quarterly Reinsurance closes as per the Syndicate's Procedures Manual.
- Attend meetings and discussions with RI, Claims, Underwriting, and broker representatives as required.
- Authorize claim and premium transactions on LORS and accurately allocate resulting USM cash entries within the RI System.
- Develop a comprehensive understanding of the Syndicate's Reinsurance system.
- Compile recovery statistics when requested.
- Support the Ceded Re RI recoveries manager in all aspects of the Syndicate's RI processes.
- Mentor less senior members of the Ceded Re Team.
- Develop working knowledge of Non-marine & Marine classes of business.
- Familiarity with Non-proportional, Proportional, and Facultative Reinsurance processing.
- London Market outwards Reinsurance processing experience preferably gained working for a Lloyds Syndicate or London Market Company.
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