£60K/yr to £65K/yr
City of London, England
Permanent, Variable

Reinsurance Operations Specialist

Posted by mbf..

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.

£65,000 plus bonus and benefits

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!

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!

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