Job title: Reinsurance Technician
Salary: £65,000
Location: London - Hybrid
PURPOSE OF ROLE
We are working with a leading Lloyd’s Market organisation to recruit a Reinsurance Technician. The role sits within the Outwards Reinsurance function and will involve assisting with ceded reinsurance transactions including premium adjustments, profit commissions, recoveries, and broker rebates.
RESPONSIBILITIES
*Support ceded reinsurance transactions, including premiums, commissions, recoveries, and operational reporting.
*Maintain the Outwards Reinsurance subledger, including contract references and credit control ledgers.
*Track and collect reinsurance rebates, liaising with Finance and brokers.
*Assist with reinsurance security reviews, applying benchmarks and analysis.
*Collaborate with actuarial teams to review quarterly reserves by programme.
DAY-TO-DAY
*Collate and distribute Outwards Reinsurance data accurately and on time.
*Assist with transaction settlements via market systems and provide supporting documentation.
*Manage reinsurance recovery billing, aged debt reports, and credit control processes.
*Produce collection/advice/precautionary notes through to settlement.
*Prepare monthly reports on outstanding balances and paid/incurred movements.
*Assist with reporting on premium adjustments, collateral monitoring, and syndicate submissions.
*Work with Finance on cash application and reconciliation.
*Contribute to process improvements and reporting automation.
EXPERIENCE
*Experience within the London Market (minimum 2 years preferred).
*Operational/ Technical experience, ideally within Outwards Reinsurance.
*Familiarity with Reinsurance market IT systems.
*Exposure to Lloyd’s reporting advantageous.
SKILLS
*Excellent attention to detail and data accuracy.
*Proficient in Microsoft Office Suite.
*Strong organisational and prioritisation abilities.
*CII qualifications or working towards (desirable).
If you have the relevant experience or know someone that does, please contact me now on or email us at