Senior Reinsurance Technician.

Senior Reinsurance Technician

To c£80,000

Date: 11 Apr 2025
Sector: INSURANCE
Type: Permanent
Location: London
Salary: £60,000 - £82,000 per annum
Email:
Ref: BT911

This leading Lloyd's and company underwriters has an excellent market reputation and offers a dynamic but extremely friendly and inclusive working environment combined with a generous benefits package. They are now looking for an experienced Ceded Reinsurance Technician to join their City of London operation.

The ideal candidate will have a minimum of five years experience in outwards reinsurance administration and practices. Experience with reinsurance automatic calculation tools would be beneficial.

• Providing support for the reinsurance purchasing process including preparation of quote schedules for sign off and management of wordings.
• Capturing, calculating and recording reinsurance amounts whether proportional or non-proportional.
• Issuing statements and recoveries.
• Preparing outwards reinsurance technical accounts including review and calculation of cash losses, profit commissions and portfolio transfers.
• Outwards Excess of Loss recoveries, monitoring for reinsurance recoveries and issuing premium adjustments.
• Agreeing company reinsurance statements.
• Monitoring of aged debt.