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IPS Group, Bevis Marks House, 24 Bevis Marks, London EC3A 7JB, United Kingdom
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A fantastic opportunity to work for a London Market Insurer in this unique role where you can work from either a permanent home base, in their modern new Birmingham City Centre based office or their London Office. They seek to hire a Ceded Reinsurance Technician to be a key point in their reinsurance team due to an internal promotion.
You will be handling reinsurance contracts, receiving reinsurance recoveries and delivering excellent customer service to internal and external contacts.
Key duties include:
- Administer reinsurance contracts to ensure the Group complies with contractual terms and conditions.
- Ensure all applicable claims are CAT coded appropriately and are recovered under relevant reinsurance programme(s).
- Undertake regular cession reviews across your portfolio, assuming accountability for risks correctly ceding to reinsurances.
- Calculate and input to the core transaction system, facultative reinsurance recovery figures and produce and submit to brokers accounting documentation.
- Take full ownership of an agreed set of proportional accounts, producing and submitting to brokers accurately and on time.
- Run the excess of loss recovery system, produce and submit to brokers accounting documentation.
- Analyse movements in net triangles to ensure accuracy and reasonableness and respond promptly to queries from the underwriting teams arising from the net triangles.
- Calculate premium adjustments.
To be considered you must have current exposure to reinsurance combined with strong numerical & analytical skills.
To be considered you will need to have considerable reinsurance experience ideally gained from working directly for an Insurer. You will receive an excellent benefits package which you would expect from working for one of the leading players in the market.
This is a truly unique opportunity that can offer opportunities unlike other employers.
Job manager
Richard Coleman
I am responsible for all claims and personal lines recruitment across the Midlands regions ranging from junior level through to Company Director. Having worked in insurance for 11 years before moving into recruitment I have a good understanding of both candidate and clients requirements.
Why di... View my profile
Registered office:
IPS Group, Bevis Marks House, 24 Bevis Marks, London EC3A 7JB, United Kingdom
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