Outwards Reinsurance Associate

Innovation Group; City of Westminster; On-site; GBP 40,000 - 60,000; Full time

Job summary

A leading insurance company in Westminster is seeking an Outwards Reinsurance Placement Associate. You will manage reinsurance placements, provide analytical support, and collaborate with internal teams to improve processes. The ideal candidate has experience in reinsurance within the London Market. This role offers competitive remuneration and a dynamic work environment.

Benefits

Highly competitive remuneration

Benefits package

Recognition programs

Qualifications

• Solid experience of the reinsurance placement process, ideally in the London Market or Lloyd's syndicate.
• Experience across property, casualty, and specialty lines.
• Strong team player eager to progress within a reinsurance team.

Responsibilities

• Take ownership of a defined placement workload for the ORI programme.
• Provide solutions to improve the outwards reinsurance placement process.
• Work closely with the Outwards Reinsurance Manager on submissions.

Skills

Reinsurance placement process

Ability to work in a team

Analytical skills

Job description

Overview

We\'re looking for an Outwards Reinsurance Placement Associate, to work alongside our Outwards Reinsurance Manager and Head of Partnerships in the delivery of the plan formation, structuring and placement of Ki\'s outwards reinsurance programme. You\'ll be a key part of a team delivering a critical component of Ki\'s business model. You\'ll support in ensuring the ORI programme is appropriate to the business requirements through the implementation of effective monitoring, reporting and analytical processes whilst supporting on the day-to-day management of the outwards reinsurance placement workload and process for all lines of business.

Responsibilities

• Take ownership of a defined placement workload, applying best process to control and improve the outwards reinsurance placement process.
• Provide workable solutions and recommendations to resolve and reduce barriers within the ORI programme.
• Work closely with the Outwards Reinsurance Manager to produce standard submission exhibits and respond to reinsurer requests for additional information.
• Produce outwards reinsurance information for business planning and strategic purposes.
• Support in providing relevant and insightful information for the group\'s Committees and Boards and act as a central point of contact for internal and external stakeholders regarding the placement process or placement details.

What you will bring to the role

• This role will suit a candidate with solid experience of the reinsurance placement process, ideally gained from working within an outwards reinsurance or underwriting team in the London Market or Lloyd\'s of London syndicate.
• Experience of working across property, casualty, and speciality lines as well as different reinsurance solutions and structures would be highly beneficial.
• Above all we\'re looking for a keen learner, and strong team player eager to progress within a growing reinsurance team.

What to expect during the recruitment process

1. Initial recruiter screening call
2. Interview with hiring manager
3. Technical Interview (this may vary depending on the role)
4. Values Interview

Our values

• Know Your Customer: Put yourself in their shoes. Understand and balance the different needs of our customers, acting with integrity and empathy to create something excellent
• Grow Together: Empower each other to succeed. Recognise the work of our teams, while celebrating individual success. Embrace diverse perspectives so we can develop and grow together.
• Be Courageous: Think big, push boundaries. Don\'t be afraid to fail because that\'s how we learn. Test, adapt, improve - always strive to be better.

Our culture

At Ki, we are committed to creating an inclusive environment where every colleague is valued and respected for who they are and can do the best work of their careers. Inclusion is a critical foundation of our business and people strategies and supports our vision of becoming a market-leading, digital and data-led specialty insurance business. An inclusive workplace fuels innovation because creativity thrives when everyone feels valued, respected, and supported to drive it. So, no matter who you are, where you\'re from, how you think, or who you love, we believe you should be you.

What we offer

You\'ll get a highly competitive remuneration and benefits package. This is kept under constant review to make sure it stays relevant. We understand the power of saying thank you and take time to acknowledge and reward extraordinary effort by teams or individuals.