Ceded Reinsurance Technician

Jobtailor; Greater London; On-site; GBP 75,000 - 110,000; Full time

Job summary

Jobtailor in the United Kingdom seeks a senior reinsurance professional to lead placement of onshore ceded treaties across property, casualty, and specialty lines, and to develop relationships with reinsurers, Lloyd's syndicates, and brokers for optimal terms.

You will negotiate contract terms, monitor performance, review contracts, manage bordereaux, and ensure compliance with Solvency II, FCA, and LMA; collaborate with underwriting, actuarial, and finance, and support SCR and ORSA reporting.

Qualifications

• Minimum 4–7 years' experience in ceded reinsurance, treaty administration, or a related reinsurance broking/underwriting role within the UK or Lloyd's market
• Strong working knowledge of treaty and facultative reinsurance structures, including proportional and non-proportional
• Familiarity with UK regulatory requirements including Solvency II, Lloyd's minimum standards, and FCA obligations
• Experience with reinsurance administration systems such as Sequel Eclipse, Xuber/Majesco, or similar
• Proficiency in Microsoft Excel for data analysis and reporting
• Strong analytical and numerical skills with attention to detail
• Excellent communication and negotiation skills
• Ability to manage multiple priorities and deadlines in a fast-paced environment
• Collaborative team player able to work cross-functionally
• High degree of professional integrity and commercial awareness
• ACII qualification or working towards it is desirable
• Experience in Lloyd's of London market environment is desirable
• Exposure to reinsurance run-off or legacy portfolios is desirable
• Knowledge of IFRS 17 implications for reinsurance contracts held is desirable
• Must already be eligible to work in the United Kingdom

Responsibilities

• Lead placement of onshore ceded reinsurance treaties and facultative covers across property, casualty, and specialty lines
• Develop and maintain relationships with reinsurers, Lloyd's syndicates, and brokers to secure optimal terms and capacity
• Negotiate reinsurance contract terms, conditions, and pricing with underwriting and actuarial teams
• Monitor reinsurance programme performance and recommend adjustments
• Review and interpret reinsurance contracts, endorsements, and slips
• Manage premium and claims bordereaux, settlements, and cash calls
• Maintain reinsurance records and databases in accordance with internal controls and Lloyd's/FCA requirements
• Oversee cedant accounting, including premium payables, recoveries, and loss notifications
• Ensure compliance with LMA, FCA, and Solvency II requirements
• Liaise with internal audit, risk, and compliance functions
• Support reinsurance data preparation for SCR reporting and ORSA submissions
• Monitor reinsurer credit risk and maintain approved panel documentation
• Prepare management information and board-level reporting on programme performance, recoveries, and market trends
• Collaborate with underwriting, claims, actuarial, and finance teams
• Respond to queries from regulators, auditors, rating agencies, and other stakeholders

Skills

Ceded Reinsurance

Treaty Administration

Solvency II Compliance

Reinsurance Administration Systems

ACII Qualification

Data Analysis

Attention to Detail

Excellent Communication

Negotiation Skills

Cross-functional Collaboration

Education

ACII Certification

Tools

Sequel Eclipse

Xuber/Majesco

Microsoft Excel

Job description

• Lead the placement of onshore ceded reinsurance treaties and facultative covers across property, casualty, and specialty lines
• Develop and maintain relationships with reinsurers, Lloyd's syndicates, and brokers to secure optimal terms and capacity
• Negotiate reinsurance contract terms, conditions, and pricing with underwriting and actuarial teams
• Monitor reinsurance programme performance and recommend adjustments
• Review and interpret reinsurance contracts, endorsements, and slips
• Manage premium and claims bordereaux, settlements, and cash calls
• Maintain reinsurance records and databases in accordance with internal controls and Lloyd's/FCA requirements
• Oversee cedant accounting, including premium payables, recoveries, and loss notifications
• Ensure compliance with LMA, FCA, and Solvency II requirements
• Liaise with internal audit, risk, and compliance functions
• Support reinsurance data preparation for SCR reporting and ORSA submissions
• Monitor reinsurer credit risk and maintain approved panel documentation
• Prepare management information and board-level reporting on programme performance, recoveries, and market trends
• Collaborate with underwriting, claims, actuarial, and finance teams
• Respond to queries from regulators, auditors, rating agencies, and other stakeholders

Requirements

• Minimum 4–7 years' experience in ceded reinsurance, treaty administration, or a related reinsurance broking/underwriting role within the UK or Lloyd's market
• Strong working knowledge of treaty and facultative reinsurance structures, including proportional and non-proportional
• Familiarity with UK regulatory requirements including Solvency II, Lloyd's minimum standards, and FCA obligations
• Experience with reinsurance administration systems such as Sequel Eclipse, Xuber/Majesco, or similar
• Proficiency in Microsoft Excel for data analysis and reporting
• Strong analytical and numerical skills with attention to detail
• Excellent communication and negotiation skills
• Ability to manage multiple priorities and deadlines in a fast-paced environment
• Collaborative team player able to work cross-functionally
• High degree of professional integrity and commercial awareness
• ACII qualification or working towards it is desirable
• Experience in Lloyd's of London market environment is desirable
• Exposure to reinsurance run-off or legacy portfolios is desirable
• Knowledge of IFRS 17 implications for reinsurance contracts held is desirable
• Must already be eligible to work in the United Kingdom

Core Competencies

Demonstrates expertise in ceded reinsurance treaty placement and administration, with a strong understanding of regulatory compliance, contract negotiation, and performance monitoring. Proficient in managing relationships with reinsurers and brokers while ensuring adherence to industry standards and internal controls.

Highest-signal resume keywords

• Ceded Reinsurance
• Treaty Administration
• Solvency II Compliance
• Reinsurance Administration Systems
• ACII Qualification

Hard Skills

• Treaty Reinsurance Structures
• Reinsurance Contract Negotiation
• Data Analysis
• Performance Monitoring
• Premium and Claims Management

Soft Skills

• Excellent Communication
• Negotiation Skills
• Attention to Detail
• Collaborative Team Player
• Ability to Manage Multiple Priorities

Certifications & Qualifications

• ACII Qualification

Industry Keywords

• Lloyd's Market
• FCA Obligations
• LMA Compliance
• IFRS 17
• Reinsurance Run-off

Tools & Technologies

• Sequel Eclipse
• Xuber/Majesco
• Microsoft Excel