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Reinsurance Technician

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

London, Greater London EC1R 0WX

Salary

£30,000 - £36,000 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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  • The job title is Reinsurance Technician with a salary of up to £65,000.
  • The position is based in London and is part of a reinsurance division of a leading global insurance broker.
  • Candidates must have reinsurance experience and a strong understanding of processing various risk types.
  • The role involves claims processing, slip preparation, and providing support to brokers and clients.
  • Strong communication skills and the ability to build relationships are essential for success in this position.

Job title: Reinsurance Technician

Salary: up to £65,000

Location: London

OVERVIEW 

Our client, a reinsurance division of a leading global insurance broker, is offering an excellent opportunity for a Reinsurance Client Service Technician to join their growing team. The successful candidate will be integral to the team, handling claims processing, slip preparation, and delivering full support to brokers. 

Our client is considering candidates from any line of business. 

RESPONSIBILITIES 

  • Process Proportional and Non-Proportional accounts, Excess of Loss, and Claims
  • Engage with clients and carriers on a technical level
  • Independently manage priorities and support team colleagues to ensure customer satisfaction
  • Build and maintain relationships with internal and external clients
  • Participate in client and reinsurer meetings as required
  • Provide broker support including debroking, risk sign down, and account statistics maintenance
  • Negotiate and manage Excess of Loss claims, including complex claims and underwriter representation
  • Utilise electronic methods throughout the full process

EXPERIENCE 

  • Any line of business accepted but MUST have reinsurance experience, with a strong understanding of processing all risk types, proportional, excess of loss premiums, and claims
  • Familiarity with Salesforce and Open TWINS is advantageous
  • Ability to build and maintain good business relationships with clients, insurers, and associates
  • Strong communication skills, both verbal and written
  • Proven problem-solving skills and ability to adhere to industry standards and procedures
  • In-depth knowledge of IMR, CLASS, ECF, LORS, and Microsoft products

SKILLS 

  • Strong technical knowledge of the Lloyd's and/or Company Reinsurance market
  • Ability to work independently and manage priorities effectively
  • Excellent problem-solving and negotiation skills
  • Proficiency in using electronic methods throughout the reinsurance process

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.