Reinsurance Technician
  • England,East of England,Suffolk,Ipswich
  • full-time
  • £30,000 - £40,000 per annum
Job Description:
Our Client is seeking experienced Reinsurance professionals to join them in order to work as part of a dedicated team of Technicians.
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. There are opportunities across Pro Rata, Binder, Facultative and/or Excess of Loss.
This is a role that can be conducted on a hybrid basis.
As a Reinsurance Technician, you will:
* Understand the Client’s business, continually working with the Account Executives to fully support any specific client requirements
* Participate in renewal planning, anticipating and preventing possible issues
* Manage and coordinate workflow around renewals for your clients
* Delivery of reliable, high-quality and timely technical and administrative support
* Attend relevant meetings, ensure notes and follow up actions are completed
* Develop and maintain close working relationships with Brokers & Account Executives
* Generate and issue evidence of cover, debit notes and closing instructions
* Produce contractual documentation to a high level and within timescales
* Produce data, statistics, and information packs in support of the placement of a client’s programme
* Prepare accurate and timely production of client documentation (Market Reform Contracts, Evidence of Cover, Policies, slips, wordings clauses etc) in accordance with client and market needs.
* Manage and resolve queries from clients and Insurers
Requirements:
* Previous Reinsurance experience within Pro Rata, Binder, Facultative and/or Excess of Loss is advantageous
* Successful management of workload; with an ability to manage expectations
* Significant experience of working in a technical capacity for a Broker is favourable
* Experience of using London Market systems such as ECF and LORS is ideal
* Proficiency in Microsoft Office Applications (Word, Excel, PowerPoint)
* Willingness to learn and develop new skills and knowledge
Additional Benefits:
On top of a competitive salary, you will be offered a fantastic benefits package including:
* Generous pension contribution
* Private Medical Insurance
* Medicare cash plan
* Minimum of 25 days annual leave (with flexibility to buy more)
* Life Assurance
* Income Protection
* Critical Illness cover
* Enhanced Maternity, Paternity Adoption and Shared Parental Leave
Job number 1171745
metapel
Company Details:
Employment Specialists Ltd
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