Senior Reinsurance Technician.

Senior Reinsurance Technician. To c£80,000

This leading Lloyd’s and company underwriters has an excellent market reputation and offer a dynamic but extremely friendly and inclusive working environment combined with a generous benefits package. They are now looking for an experienced Ceded Reinsurance Technician to join their City of London operation.

The ideal candidate will have a minimum of five years experience in outwards reinsurance administration and practices. Experience with reinsurance automatic calculation tools would be beneficial.

Duties will include but not be limited to:

Providing support for the reinsurance purchasing process including preparation of quote schedules for sign off and management of wordings.

Capturing, calculating and recording of reinsurance amounts whether proportional or non-proportional.

Issuing statements and recoveries.

Preparing outwards reinsurance technical accounts including review and calculation of cash losses, profit commissions and portfolio transfers

Outwards Excess of Loss recoveries, monitoring for reinsurance recoveries and issued premium adjustments.

Agreeing company reinsurance statements.

Monitoring of aged debt.