Reinsurance Analyst /Technician

16 Apr 2018
16 May 2018
MW Appointments
Contract Type
Full Time


A premier reinsurance intermediary and strategic advisor to leading insurance and reinsurance organisations, delivering integrated solutions through its industry-leading analytics and advisory services, highly specialised product knowledge and trading relationships with reinsurance markets around the world.

Position Summary
Insurance or Reinsurance professional with experience and technical knowledge of either major or commercial lines of business. Do you have significant experience of working within a technical capacity for a Broker and/or Underwriter? Are you looking to apply the experience you have gained, within a role that's truly progressive and offers full end-to-end responsibility of a client portfolio?

Position Overview
Currently seeking experienced Insurance or Reinsurance professionals to join a dedicated team of Reinsurance Technicians in Witham that support a client base through transactional processing, securing reinsurance recoveries and through timely and accurate system entry. There are a number of opportunities across all levels on a 12 month fixed term contract basis.

Essential Job Responsibilities
·Manage a specific, assigned client portfolio, taking full end-to-end responsibility of technical duties relating to client accounts, premiums and claims for binder and lineslip risks. Also potentially covering excess of loss and pro rata business.
·Interpret, cleanse and input data, analysing result outputs, filter and assess the results in preparation for client and/or reinsurer presentation submissions.
·Work with Market Fiduciary to assist with collection of funds
·Manage all brokerage receivables, funding, retention, e-trading, post booking receipt, ad hoc reporting requests, payment of funds and all management and transactional process steps
·Promote, build and maintain relationships with Brokers, Clients and Markets. Understand issues, resolve problems and queries and review working practices
·Participate in team meetings and activities to share opinions, ideas, knowledge and solutions

Skills & Qualifications

·Strong analytical and data management skills, specifically geared toward Lloyd's minimum standards for Binders and Lineslips
·Significant experience of working within a technical capacity for a Broker and/or Underwriter, either within the Insurance or Reinsurance sectors
·Successful management of workload; with an ability to manage expectations of all clients and stakeholders
·Able to engage, influence and negotiate with clients, market contacts and colleagues in a professional manner
·Strong communication and negotiation skills, both written and verbal
·Proficiency in Microsoft Office Applications (Word, Excel, PowerPoint) required

MW Appointments is acting as an Employment Business in relation to this vacancy.