Our client, a Lloyd's Managing Agency, have a new opening for a Senior Reinsurance Technician/Analyst. You will support the Reinsurance Manager in all aspects of post purchase Reinsurance operations.
You will handle all aspects of reinsurance, including Proportional Treaty, Excess of Loss and Facultative RI business. Classes of business will include Property, Crisis Management, Energy, Financial Lines, Marine, Political Risk and Terrorism.
The successful applicant will have a strong reinsurance technical knowledge and ideally be able to interpret reinsurance data. A knowledge of LORS will be useful. This will be a hybrid role.
Duties and Responsibilities
Support Reinsurance Operations Manager data gathering and pack building process for Reinsurance placements
Manage the claims booking process.
Manage the reinsurance facultative process
Operate and process the reinsurance claim areas involvement in the month end process
Operate and produce large loss Ultimate recoveries to the relevant RI programme for the reserving process.
Ensure accurate and timely advising of losses to reinsurers.
Monitor reinsurance collections to ensure prompt settlement.
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