Reinsurance Technician
2 months ago
Description:
Our Client Support Services department have an opportunity for a Pro Rata Technician. This is available on a hybrid basis, offering home working for 3 days a week, with the other 2 days based in our office in Witham.
As a Pro Rata Technician, you will support our client base through transactional processing, securing reinsurance recoveries through timely and accurate system entry.
Whether you have a curiosity for Reinsurance or you are looking for a change in career, this is the ideal place to learn new skills and an opportunity for you to progress. We have a number of opportunities on a permanent basis.
What can you expect:
Work with Reinsurance professionals across Witham and London with experience and technical knowledge. Gain significant experience of working within a technical capacity for a Broker Apply your experience and further development within a role that’s truly progressive and offers full end-to-end responsibility of a client portfolio Be part of a global business that works with clients of all sizes to define, design and deliver innovative solutions to better quantify and manage riskWhat you will be rewarded with:
Competitive Benefits Package including: 27 days annual leave, up to 4 days flexible bank holidays, excellent pension contributions, private medical cover, life assurance, income protection, employee assistance program, plus a range of flexible benefits including the option to buy or sell up to 5 days holiday per year, cycle to work, dental insurance, health assessments plus many more. Generous Family Leave including: 6 months paid maternity leave, 4 months paid paternity leave, 6 months paid adoption leave plus shared parental leave options. To help ease the transition when you return to work you will be able to work 8 weeks at 80% of your normal work pattern and receive 100% of your normal salary. Free parking close to the Witham office Support with study towards CII qualifications and provide opportunities to help you learn and progress in your career.We will rely on you to:
Manage an assigned client portfolio, taking full responsibility of technical duties relating to client accounts. Work with Market Fiduciary to assist with collection of funds. Manage all Pro Rata post, brokerage receivables, funding, retention, e-trading, ad hoc reporting requests, and all transactional process steps. This is inclusive of renewals Promote, build and maintain relationships with Brokers, Clients and Markets Participate in training sessions and provide input within the team and/or department for all aspects of reinsurance service processing to assist with troubleshooting.What you need to have:
Insurance/Reinsurance Premium/Claims experience, ie; handling cash loss/large loss and a desire to move into the Reinsurance sector. Competent Excel skills and proficiency in Microsoft Office Applications. Willingness to learn and develop knowledge of technical account structure. Successful management of workload; with an ability to manage expectations.What makes you stand out:
Reinsurance Claims experience Experience within Pro Rata Experience of working in a technical capacity for a Broker Experience of using London Market systems such as LORS and the IMR (Insurance Market Repository) Knowledge of CLASS system is useful for review of London market queries Knowledge of Letters of Credit and the Citibank process-
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