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Reinsurance Analyst

Aviva

Greater London

Hybrid

GBP 45,000 - 52,000

Full time

Today
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Job summary

A leading insurance firm is seeking a Reinsurance Analyst to enhance its Technical Underwriting team. This role involves preparing treaty statements and managing credit controls to ensure efficient operations. The ideal candidate will have experience in reinsurance, strong analytical skills, and the ability to effectively manage stakeholder communications. The position offers a salary of approximately £45,000 with additional bonuses and generous benefits including a pension scheme and flexible working arrangements.

Benefits

Salary Circa £45,000
8% Bonus opportunity
Generous pension scheme
29 days holiday plus bank holidays
Aviva-funded Private Medical Benefit
Retailer discounts
Free Aviva shares through Matching Share Plan
Parental and carer's leave
Flexible benefits options
3 paid volunteering days

Qualifications

  • Experience in reinsurance operations or technical underwriting.
  • Strong understanding of treaty structures and claims recovery processes.
  • Proficiency in policy administration systems and data accuracy.
  • Ability to analyze data using MS Excel.

Responsibilities

  • Prepare and review treaty statements and manage credit control for premiums.
  • Calculate claims recoveries and respond to internal queries.
  • Ensure smooth reinsurance processes.

Skills

Reinsurance operations experience
Understanding of treaty structures
Data accuracy in policy administration
Excel data analysis skills
Communication and stakeholder management
Job description
Reinsurance Analyst

Salary Circa £45,000

Are you someone who enjoys working with complex reinsurance data and thrives in a detail‑oriented environment?

This role would suit someone with experience in reinsurance operations, particularly in treaty and facultative contracts. If you've worked in claims recovery, policy administration, or credit control and are ready for a step up, this could be the perfect opportunity.

A bit about the job :

You'll be joining our Technical Underwriting team, supporting the delivery of accurate and timely reinsurance operations.

The role involves preparing and reviewing treaty statements (XoL and QS), capturing risk contracts into our systems, calculating claims recoveries, and managing credit control for premiums and recoveries.

You'll also review and approve LOR transactions and respond to internal and external queries. This role is key to ensuring our reinsurance processes run smoothly and compliantly.

Skills and experience we're looking for :
  • Experience in reinsurance operations or technical underwriting
  • Strong understanding of treaty structures (XoL and QS) and claims recovery processes
  • Proficiency in policy administration systems and data accuracy
  • Ability to work with and analyse data using MS excel (using pivot tables, xlookup, sumproduct etc)
  • Excellent communication and stakeholder management skills
What you'll get for this role :
  • Salary Circa £45,000 (depending on location, skills, experience, and qualifications)
  • Bonus opportunity - 8% of annual salary Actual amount depends on your performance and Aviva's.
  • Generous pension scheme - Aviva will contribute up to 14%, depending on what you put in.
  • 29 days holiday plus bank holidays, and you can choose to buy or sell up to 5 days
  • Aviva-funded Private Medical Benefit to help you get expert support when you need it
  • Make your money go further - Up to 40% discount on Aviva products , and other retailer discounts
  • Up to £1,200 of free Aviva shares per year through our Matching Share Plan and share in the success of Aviva with our Save As You Earn scheme
  • Brilliantly supportive policies including parental and carer's leave
  • Flexible benefits to suit you, including sustainability options such as cycle to work
  • Make a difference, be part of our Aviva Communities and use your 3 paid volunteering days to help others
  • We take your wellbeing seriously with lots of support and tools

Take a look to learn more. Put a salary into this calculator to see what your total Aviva Reward could be.

Aviva is for everyone :

We're inclusive and welcome everyone - we want applications from all backgrounds and experiences. Excited but not sure you tick every box? Even if you don't, we would still encourage you to apply. We also consider all forms of flexible working, including part time and job shares.

We flex locations, hours and working patterns to suit our customers, business, and you. Most of our people are smart working - spending around 50% of their time in our offices each week - combining the benefits of flexibility with time together with colleagues.

To find out more about working at Aviva take a look here

We'd love it if you could submit your application online. If you require an alternative method of applying, or if you have any queries in relation to the vacancy, please email alice.neal@aviva.com.

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