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Reinsurance Analyst

  • London
  • Permanent
  • £28,000-£35,000

Job details.

  • Excellent opportunity to work in a established Reinsurance Team, assisting with the oversight of the syndicates’ reinsurance portfolios and the day-to-day administration of their reinsurance operations.
  • You will be expected to learn quickly, provide assistance across all team activities and, in time, take ownership of syndicate reinsurance operations which will stretch your skills and experience.
  • Assist in the interpretation and challenge of reinsurance contracts. The role is reliant on accurate and timely contractual data entry to, and maintenance of, the RI database XLPro.
  • Assist in the production of external regulatory returns
  • Assist in the production of all internal reinsurance MI, including exposure and asset monitoring, along with Board, Actuarial and Finance reporting information, as required.
  • Assist in the maintenance of ledgers which are a key foundation of RI Data reporting
  • Provide key support for administrative transactions that can including monitoring of reinsurance recoveries, claims, LORS entries, non-cash transactions and premium income adjustments.

To be successful in this role you will need to possess the following;

  • Around 1 years’ experience in the Lloyd's market
  • Good understanding of Lloyd’s Market reinsurance practices, including LORS.
  • Good working knowledge of MS Office (or similar) programs, in particular Excel.
  • Previous experience of providing administrative support in an office environment or similar.
  • Understanding of reinsurance contract wordings and related paperwork or similar.
  • Willing to become a RI expert
  • Second jobber

Sector:

  1. General Insurance

Louise Jolly

Director - General Insurance

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