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Senior Reinsurance Technician

MW Appointments
Posted a day ago, valid for 25 days
Location

Bedford, Bedfordshire MK41 7PH, England

Salary

£48,000 - £57,600 per annum

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Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • Join the specialist reinsurance division of a top-tier global Lloyds broker as a Senior Reinsurance Technician.
  • This position is based in the Milton Keynes Hub for 2 days a week, with 3 days of remote working.
  • Candidates should have experience in a Lloyds/London market technical support role in reinsurance and an understanding of treaty reinsurance.
  • The salary for this role ranges from £50,000 to £80,000 per annum, depending on skills and knowledge.
  • The position offers a full benefits package, annual bonus, and opportunities for training, development, and progression.

Join the specialist reinsurance division of a top tier, global Lloyds broker. You will become a member of an insurance business that has based its growth and success on a client first approach together with innovation and technical expertise.

The Senior Reinsurance Technician position will be based in the Milton Keynes Hub for 2 days per week with 3 days remote working.

The Role:

As a Reinsurance Technician, you will be an integral part of an Operating Entity, providing crucial technical and administrative support to broking teams within niche Business Units. Your role is pivotal in ensuring the smooth operation of our reinsurance processes, enabling brokers to focus on client relationships and strategic objectives.

Key Responsibilities:

  • Collaborate with senior team members to set and prioritise key objectives, optimally leading workload to ensure both personal and team goals are met.
  • Assist in the preparation of detailed client and broking documentation, ensuring accuracy and compliance.
  • Process slips, quotes, indications, and endorsements efficiently, maintaining high standards of accuracy.
  • Perform technical duties, including data entry, credit control, and follow-up on subjectivities, with precision.
  • Handle incoming enquiries from clients, insurers, and third parties, ensuring a professional and timely response.
  • Handle client renewals and mid-term adjustments as required, delivering high-quality service.

Skills & Attributes:

  • Experience in a Lloyds/London market technical support role in reinsurance.
  • Understanding of treaty reinsurance.
  • Awareness of the procedures and processes for the placement and servicing of risks into the Syndicate, Company and international reinsurance markets
  • Strong attention to detail with the ability to produce accurate and well-documented work.
  • Ability to work optimally within a team and provide mentorship to less expert colleagues.
  • Excellent verbal and written communication skills, with the confidence to engage with team members and stakeholders.

What you need to know:

  • Permanent / Full Time
  • Salary can range from £50,000 to £80,000 p.a. depending on your level of skills and knowledge
  • Full benefits package and annual bonus
  • Hybrid working options - 2 days a week in MK office
  • Work in a collaborative team environment
  • Work in a business that seeks to empower employees
  • Enjoy training, development and progression opportunities

Ref ~ 9805

Interested? Please apply today and we will contact you by return.

MW Appointments has been recruiting in the Insurance market since 1992, so you will benefit from partnering with a market leader who possess in-depth technical understanding, comprehensive market in-sight, excellent market intelligence and well-established relationships with companies across the insurance sector.

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

Apply now in a few quick clicks

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.