Reinsurance Technician

100% home working available or City/Home hybrid flexibility

Salary - £open, depending on level of experience

Permanent contract





Main Duties and Responsibilities



An establish, global service provider to insurers, brokers and MGA's within the Lloyds marketplace are looking for an experienced Reinsurance Technician with a strong understanding of reinsurance premium processing to be responsible for the technical processing of accounts within the Broker Services team. In this role you will work with a specific Broker Client and build relationships and understanding.



Responsibilities include:

* Full end-to-end responsibility of all technical aspects of assigned client treaty accounts
* Creating risk records within the clients broking system
* Processing tasks accurately in an efficient manner by month end deadlines
* Investigating any discrepancies between calculated Premiums and instructions received from the client
* Reviewing accuracy of accounts documentation and calculations, including complex accounts such as Sliding Scale Commission, Reinstatement Premium, Profit Commission, Premium and Loss Reserve Deposits
* Processing claim and reserve updates for allocated accounts
* Provide technical training and assistance to other members of staff
* Identify and escalate any issues impacting service performance
* Provide meaningful MI and analysis to Client Manager
* Resolve issues internally and support resolutions externally



Skills and Experience



* 3+ years reinsurance experience and technical knowledge acquired within the broking sector
* Experience of working within a technical capacity within the Reinsurance sector across multiple lines of business
* Current working knowledge of London Market broker procedures and systems such as IMR, ECF and LORS
* Successful management of workload; with an ability to manage expectations
* ensure assigned tasks are actioned accurately and ensure agreed Service Levels are met
* Excellent communication skills
* Conscientious, positive and enthusiastic approach to work, maintaining good working relationships with Clients and colleagues



Ref - 8813

MW Appointments is acting as an Employment Agency in relation to this vacancy.