Reinsurance Technician

London (Greater)
£40000.00 - £50000.00 per annum
27 Nov 2017
03 Jan 2018
Contract Type
Full Time

A Reinsurance Technician job, city, paying up to £55K working for a international Reinsurance Lloyd's Broker.

Your new company
Your new company is an international Reinsurance Lloyd's Broker with offices based in London and overseas. The Brokers insure that they negotiate and handle complex transactions and have the knowledge to provide valued and trusted advice to all their customers.. You will be working within a well-respected and dynamic experienced Reinsurance team working alongside Brokers and Technicians. Due to expansion they are now looking for a highly experienced Reinsurance Technician to join their already established and growing Reinsurance team

Your new role
Working as a Senior Reinsurance technician you will provide the highest level of professionalism and technical support within the business units and/or associated clients and markets. You will be responsible for processing XOL Reinsurance premiums ‎and adjustments and be confident in the preparation of technical documentation to include invoices and Cover notes. You will also be responsible for conducting full technical reviews of new placing MRC slips and be responsible for preparing and processing cover notes, Premium adjustments, LORS Clients, and Retrocessions. Other duties will include acting as the hub between offshore offices and the front End broking team. You will be responsible for IMR and Xchanging and supporting the setting up of new Client's, Underwriter's or Third Party accounts, and liaise with broker's, account contact's, compliance and the Open Twins account set up team.

What you'll need to succeed
Your previous experience working as a Senior Reinsurance technician handling Excess of Loss and Facultative business will contribute to your success in securing this role. You will be confident in reviewing and amending MRC slips and be able to produce Cover notes and invoices and have experience with LORS, IMR and Xchanging.. You will deal with all classes of business across all territories. Your experience in a similar role and your friendly and confident nature will allow you to adapt well into a diverse team, whilst building and maintaining strong relationships.

What you'll get in return
You'll be offered a competitive salary of up to £55K, plus a comprehensive benefits package. You'll receive support from both Directors and Managers with opportunity for growth and career progression. You'll enjoy working for a rapidly expanding International Reinsurance Lloyd's Broker and be a part of a hardworking, ambitious team. Your new team are full of like-minded individuals willing to support you.

What you need to do now
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