Senior Reinsurance Technician

Found in: Talent UK C2 - 1 week ago

London, United Kingdom Bruin Full time
Ref: 36362 Position: Senior Reinsurance Technician
Company Overview:
A growing Lloyd’s Syndicate in London who specialise in providing innovative insurance solutions to clients worldwide. They are dedicated to delivering exceptional service and comprehensive coverage that meets the diverse needs of customers. As part of their commitment to excellence, they are seeking a highly skilled and experienced Senior Reinsurance Technician to join their dynamic team.
Position Overview:
As a Senior Reinsurance Technician, you will play a pivotal role in their reinsurance operations, managing complex reinsurance contracts, analysing data, and ensuring accuracy and compliance with regulatory standards. You will collaborate closely with internal teams and external stakeholders to facilitate seamless reinsurance transactions and support strategic decision-making.
Key Responsibilities:
  • Manage and administer various reinsurance treaties and contracts, including proportional and non-proportional treaties.
  • Review, analyse, and validate reinsurance data to ensure accuracy and completeness.
  • Collaborate with underwriters, actuaries, and other relevant departments to assess reinsurance needs and optimize coverage structures.
  • Prepare detailed reports, summaries, and analyses of reinsurance portfolios for internal and external stakeholders.
  • Monitor and reconcile financial transactions related to reinsurance premiums and claims.
  • Stay updated on industry trends, regulatory changes, and best practices in reinsurance to provide valuable insights and recommendations.
Qualifications:
  • Bachelor's degree in Insurance, Finance, Mathematics, or a related field.
  • Minimum of 4 years of experience in reinsurance administration or a similar role within the insurance industry.
  • In-depth knowledge of reinsurance principles, treaties, and practices.
  • Proficiency in utilising reinsurance software and data analysis tools.
  • Strong analytical skills with meticulous attention to detail.
  • Excellent communication and interpersonal abilities to collaborate effectively with cross-functional teams and external partners.
  • Professional certifications such as ARe (Associate in Reinsurance) or equivalent would be advantageous.
  Bruin recognises the positive value of diversity, and aims to promote equality and challenge unfair discrimination. As a champion of equal opportunity employment we welcome applications from all suitably qualified persons - men and women, people of all ages, sexual orientations, nationalities, religions and beliefs. We particularly encourage applications from women, disabled, and Black, Asian and minority ethnic candidates as these groups are underrepresented throughout the financial services industry. Our clients work with us because they value a diverse workforce, and subscribe to our shared principle that all appointments are made on merit and that ability to perform the job will be the primary consideration.

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