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Reinsurance Technician

  • Location:

    London

  • Sector:

    Accountancy & Finance

  • Job type:

    Permanent

  • Salary:

    Up to £50000 per annum

  • Contact:

    Jennifer Harrison

  • Contact email:

    Jennifer.Harrison@oliverjames.com

  • Job ref:

    JOB-092023-223635_1694785431

  • Published:

    7 months ago

  • Expiry date:

    2023-10-15

  • Startdate:

    ASAP

I am currently partnered with a large Lloyds business on their search for a Reinsurance Technician during a period of growth and transformation

The role will be responsible for

  • Assist the Treaty and FAC contract set-up in relevant systems including calculation and processing of reinsurance premiums and settlement in line with contract terms
  • Participate in the reinsurance close process ensuring deadlines are met and interdependencies are managed
  • Monitoring aged debt and chasing unsettled balances
  • Assist in completion of the RI inputs to the QMA, QSR and ASR submission
  • Operate, maintain and improve current systems

Profile Requirements

  • Understanding of the full end to end ceded reinsurance process from placement through to credit control and reporting
  • Understanding of Lloyd's reporting
  • Knowledge of PRA, FCA and other regulatory standards
  • Detailed market knowledge essential

No sponsorship avaialble, must have full right to work within the UK. Applications requiring sponsorship will not be considered.

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