Reinsurance Technician

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