Reinsurance Technician

MW Appointments.
London (Greater)
29 Mar 2018
13 May 2018
Contract Type
Full Time

Reinsurance Technician
to £26,000 depending on experience

Main Responsibilities:
Facultative, Quota Share & Excess of Loss Reinsurance
·Identification of losses and or circumstances notified under risks having facultative protection where such loss exceeds or potentially exceeds any contractual reporting threshold
·Review of losses and or circumstances against the terms and conditions of the reinsurance contract
·Preparation of all billing and reserve notifications to brokers and reinsurers.
·Ensure compliance to any contractual reporting triggers.
·For Excess of Loss, Calculation of any reinstatement cost.
·Ensure compliance to any contractual reporting triggers

·Assist with the implementation of new Ceded Reinsurance systems through the project phases.
·Maintain query log database detailing all queried losses to monitor and resolve any reinsurer queries in relation to notified losses.
·Peer review Ceded Reinsurance record entry into source systems.

·Understanding of all major types of reinsurance i.e. Facultative, Quota Share and Excess of Loss.
·Ideally experience in all classes of reinsurance
·Good IT skills with an intermediate level or higher knowledge of Microsoft Excel and Word.

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

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