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Your new job as a Reinsurance Technician will be working for an International independent insurance and reinsurance Lloyd’s Broker who are a leading re/insurance intermediary and corporate advisor/broker dealer, offering bespoke and innovative capital, risk, and program solutions. They provide Reinsurance, Analytics & Advisory and Wholesale service to their clients. Your new brokers have offices worldwide and have grown at a rapid rate in recent years, and is now one of the 10 largest insurance brokers in the world, with ambitious plans to continue growing at an accelerated and unprecedented pace. Your new Brokers dedication has a highly unique business model, ownership structure and entrepreneurial culture. Due to growth within the Reinsurance team they are looking to recruit a Reinsurance Technician to handle premium processing.
Your new role
Your new job working as a Reinsurance Technician means you will be entering contracts and processing transactions in the broker system for business placed by the London office. The role will be handling reinsurance from contract input, invoicing and closing through London Market systems and procedures. The position requires the Reinsurance Technician to handle multiple contract types, such as, but not limited to, Excess of Loss, Quota Share and Facultative. You will be responsible for supporting the Brokers and Account managers in the London office by performing contract input and invoice production for London produced business as well as ensuring all bureau and non-bureau underwriter payments are processed. Other duties will include working with brokers to ensure best practice in terms of closing to markets and respond to ad hoc queries or provide reports relating to contract and transaction status internally or externally.
What you'll need to succeed
Your previous experience working as a Reinsurance Technician (Processing premiums) with experience of handling Excess of loss, Quota share and or Treaty business will contribute to your success in securing this role. Ideally, you will be CERT CII qualified or at least working towards, with strong organisational skills and time management. You will have excellent working knowledge of London Market A&S / LORS procedures. You will have excellent communication skills both written and verbally with strong excel knowledge and understanding. You will be a good team player, working well in a team as well as working individually. PLEASE ONLY APPLY FOR THIS ROLE IF YOU HAVE EXPERIENCE WORKING AS A REINSURANCE TECHNICIAN (PREMIUM PROCESSING) FROM A BROKER OR INSURANCE COMPANY BACKGROUND.
What you'll get in return
Flexible working options available. Hybrid 2-3 days in the office. You will receive a competitive salary of up to £55,000 (depending on experience) + comprehensive benefits. The office is centrally located in the heart of the City and you will be joining an excellent company with long-term career prospects.
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