Senior Reinsurance Technician

1 month ago


London, Greater London, United Kingdom The Emerald Group Full time

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 be responsible for managing all aspects of reinsurance purchased by the Syndicate.

Key Responsibilities:

  • Deal with all aspects of reinsurance purchased by the Syndicate
  • Assist in the quarterly Reinsurance close as per the Syndicate's Procedures Manual
  • Attend RI/Claims/Underwriting and broker meetings/discussions as required
  • Authorise claim and premium transactions on LORS and accurately allocate the resulting USM cash entry within the RI System
  • Develop a good working knowledge 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
  • Teach/instruct less senior members of the Ceded Re Team
  • Working knowledge of all Non-marine & Marine classes of business
  • Working knowledge of all Non-proportional, Proportional and Facultative Reinsurance processing
  • London Market outwards Reinsurance processing experience (both marine and non-marine) preferably gained working for a Lloyds Syndicate or London Market Company


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