Job Description
Job Title: Reinsurance Technician
Location: Suffolk
Salary: £40,000 - £50,000 plus excellent benefits and bonuses
Working Pattern: Full-Time Hybrid, 2 days office-based plus remote working
Job Type: Technician
Class of Business: Reinsurance Treaty
About the Role
Our client is seeking a candidate with Reinsurance experience across treaty business, who is skilled in post-placement activity.
The successful person can expect to join a highly regarded business with an outstanding market pedigree, working with a highly personable and engaging Manager, and a fantastic team too.
This role will fully support the end-to-end broking process, working in partnership with Client Advocates in the placement of (re)insurance placements, involving communication with both clients and (re)insurers (in London and international markets).
Key Responsibilities
- Generate and review contractual documentation (endorsements and evidence of cover)
- Be responsible for developing and providing various MI reports demonstrating efficient governance processes and procedures
- Review market security information on carriers, checking compliance and financial positions
- Support creation of slips/endorsements
- Checking files to ensure all information is present and accurate
- Ensure contract records are accurately maintained within Whitespace
- Generate and issue evidence of cover, debit notes and closing instructions
- Responsible for first-line interactions with outsource providers
- Review and interrogate (re)insurance contracts to facilitate billing within agreed timescales
- Supporting and liaising with colleagues across the business
Key Skills & Experience
• Strong technical (re)insurance knowledge with a focus on premiums & claims
• Knowledge of LORS and Salesforce would be advantageous, but not essential
• Knowledge of Treaty statements, premiums, bordereaux, premium adjustments and FDO signings
• Ability to review slips and endorsements
• Complete Treaty Processing requests accurately and within agreed SLA's
• Ability to develop and maintain relationships within the organisation and externally
• Ability to prioritise workload, follow through on tasks/projects and meet deadlines.
• Good interpersonal and strong communication skills.
All applicants must have a permanent right to work in the UK
