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Reinsurance Operations Specialist

  • London
  • Permanent
  • £65,000 plus bonus and benefits

Job details.

Are you an experienced Reinsurance Operations professional with expertise in Excess of Loss and Quota Share reinsurance? My client, a leading global specialist insurer, is looking for a skilled individual to join their dynamic team.

Key Responsibilities:

  • Administer Excess of Loss, Facultative, and Quota Share reinsurance contracts.
  • Handle accurate calculation, reporting, and transaction of ceded reinsurance financials including premiums, recoveries, and treaty balances.
  • Arrange payment of reinsurance premiums and settlements of adjustments and balances.
  • Monitor claims, report recoveries, and resolve any reinsurer queries promptly.
  • Coordinate credit and debit control for ceded balances to ensure timely settlements.
  • Generate monthly reports for monitoring ceded financials and aged debt.
  • Maintain accurate data entry in systems and support financial bookings for month/quarter/year-end.
  • Assist with regulatory reinsurance returns and audit processes.
  • Build and maintain relationships with reinsurance brokers and other key stakeholders.
  • Support internal meetings, including agenda setting and minute-taking.

Requirements:

  • Proven experience in ceded/outwards reinsurance operations, specifically with Excess of Loss and Quota Share contracts.
  • Strong attention to detail, numeracy, and excellent time management skills.
  • Effective communication and stakeholder management.
  • Ability to work independently and manage multiple tasks.
  • CII qualifications are advantageous but not essential.

If you're ready to take the next step in your reinsurance career with a global market leader, apply now!

Are you an experienced Reinsurance Operations professional with expertise in Excess of Loss and Quota Share reinsurance? My client, a leading global specialist insurer, is looking for a skilled individual to join their dynamic team.

Key Responsibilities:

  • Administer Excess of Loss, Facultative, and Quota Share reinsurance contracts.
  • Handle accurate calculation, reporting, and transaction of ceded reinsurance financials including premiums, recoveries, and treaty balances.
  • Arrange payment of reinsurance premiums and settlements of adjustments and balances.
  • Monitor claims, report recoveries, and resolve any reinsurer queries promptly.
  • Coordinate credit and debit control for ceded balances to ensure timely settlements.
  • Generate monthly reports for monitoring ceded financials and aged debt.
  • Maintain accurate data entry in systems and support financial bookings for month/quarter/year-end.
  • Assist with regulatory reinsurance returns and audit processes.
  • Build and maintain relationships with reinsurance brokers and other key stakeholders.
  • Support internal meetings, including agenda setting and minute-taking.

Requirements:

  • Proven experience in ceded/outwards reinsurance operations, specifically with Excess of Loss and Quota Share contracts.
  • Strong attention to detail, numeracy, and excellent time management skills.
  • Effective communication and stakeholder management.
  • Ability to work independently and manage multiple tasks.
  • CII qualifications are advantageous but not essential.

If you're ready to take the next step in your reinsurance career with a global market leader, apply now!

Sector:

  1. General Insurance

Teri Mortier

Director - General Insurance

Contact Us

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