Job Overview

London, England
Job Type
Full Time
£45,000 - £50,000 Per Year
Date Posted
20 days ago

Additional Details

Job ID
Job Views

Job Description

Reinsurance Technician, city, salary up to £50,000 - working for a Global Lloyd's Broker.

Reinsurance Technician, city, salary up to £50,000 - working for a Global Lloyd's Broker.

Your new company
Your new company is a Global Lloyd's Reinsurance Broker and Risk management company who are a leading name within the London market and have rapidly expanded, recently completing over 140 acquisitions and specialise in both insurance and reinsurance risks. They employee worldwide over 20,000 staff and have been in business over 90 years . Your new Brokers are an employer of choice with modern offices. Your new job will be working within a well-respected and dynamic Reinsurance team who looking for a highly experienced Reinsurance Technician to join their established technical RI team.

Your new role
Working as a Senior Reinsurance Technician, means you will be working with team members based in the UK front office and offshore in India, supporting the processing and or the resolution of queries related to the end to end processing of a premium. You will have experience in the end to end activity of invoice processing and have a good understanding of Market Reform Contract (MRC). You will be working with the Bureau (Xchanging as was now DXC) in the workings of accounting and settlement (A&S) protocols and activity as they relate to the function of premium process and signings, as well as processing MRC Slips. Other duties will include working with their Accounting and Credit Control Team, to support with the reconciliation and collection of premium and keep funding and bad debt to a minimum. You will be handling XOL, Facultative and Treaty business all classes. What you'll need to succeed
Your previous experience as a Senior Reinsurance technician, with working knowledge of Excess of Loss and Facultative business, as well as having some knowledge of Open Market, Line Slips and Binding Authorities will contribute to your success in securing this role. You will have a strong understanding and experience in structure and format of slips, cover notes and invoices, as well as be experienced in the end to end activity of invoice processing. You will have ability to demonstrate an excellent level of technical Reinsurance knowledge and understanding of the ?Industry and its regulators. You will be technically astute, knowing your way around a slip and have experience with and Xchanging. Your experience in a similar role ability to work under pressure and manage your own priorities will allow you to adapt well into a diverse team, whilst building and maintaining strong relationships


What you'll get in return
You'll be offered a competitive salary of up to £50K, plus a comprehensive benefits package. You'll receive support from both Directors and Managers with opportunity for growth and career progression. You'll enjoy working for a rapidly expanding Global Lloyd's Broker and being part of a hardworking, ambitious team. Your new team are full of like-minded individuals willing to support you

What you need to do now
If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now.
If this job isn't quite right for you but you are looking for a new position, please contact us for a confidential discussion on your career.

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