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Junior Reinsurance Technician

Lawes Consulting Group
Posted 10 days ago, valid for 20 days
Location

London, Greater London EC1R 0WX

Salary

£25,000 - £30,000 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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  • Job Title: Junior Re-insurance Technician with a salary of up to £45,000.
  • The position is located in London and offers a hybrid working model.
  • Candidates should have 1-2 years of experience in the (re)insurance industry.
  • Responsibilities include technical processing, broker support, and claims negotiation.
  • The role requires effective communication, strong time management skills, and the ability to build client relationships.

Job title: Junior Re-insurance Technician

Salary: up to £45,000

Location: London - Hybrid 

OVERVIEW 

We are working with a Key client of ours who are seeking a Reinsurance Technician to join their team in the City of London. Our clients are considering candidates from any line of business as long as they have an understanding of the Reinsurance market.

This role involves technical processing, including broker support, processing of Proportional and Non-Proportional accounts, Excess of Loss, and Claims Processing. The successful candidate will have the opportunity to work in a dynamic and innovative environment within the reinsurance industry.

RESPONSIBILITIES 

  • Engage in conversations with clients and carriers on a technical level
  • Work independently, manage priorities, and support team colleagues to ensure customer satisfaction
  • Build and maintain relationships with internal and external clients
  • Identify client's individual requirements and collaborate to achieve the best possible outcomes
  • Participate in client and reinsurer meetings as required
  • Conduct multi-disciplined technical processing, including Premium, Pro rata, and Excess of Loss claims
  • Provide broker support, debroke, risk sign down, and prepare and maintain account statistics
  • Negotiate claims from initial notice through to settlement and closure, covering complex claims across all classes of business
  • Demonstrate a high level understanding of Letter of Credit and complete adjustments proactively

EXPERIENCE 

  • 1-2 years (re)insurance experience 
  • Ability to build and maintain good business relationships
  • Effective communication skills, both verbal and written
  • Strong time management and prioritisation abilities
  • Proven problem-solving skills
  • Proficiency in Microsoft products or similar software applications

If you have the relevant experience or know someone that does please contact me now on 07458 162853 or email us at  

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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.