Reinsurance Analyst

Davies Group; London; On-site; GBP 40,000 - 60,000; Full time

Job summary

Join a leading independent underwriting business as an Outwards Reinsurance Analyst in London. This role supports transformative initiatives within underwriting operations, requiring strong analytical skills and experience in reinsurance. Experience collaboration with senior leadership and various teams while contributing to the efficiency of reinsurance operations in a dynamic environment.

Benefits

Rewards success and aligns staff incentives with profitability

Culture valuing independence and creativity

Supportive and inclusive environment

Qualifications

• Prior experience in reinsurance, ideally within the Lloyd’s or London market.
• Solid understanding of reinsurance structures (e.g., Excess of Loss, Quota Share, Facultative).
• Data-driven and compliance-focused.

Responsibilities

• Process outwards reinsurance policies and maintain accurate records.
• Support the netting-down process for outwards reinsurance.
• Prepare and issue statements for reinsurance recoveries.

Skills

Analytical skills

Problem-solving

Organizational skills

Attention to detail

Interpersonal skills

Communication skills

Compliance focus

Job description

Join a Leading Independent Underwriting Business
Are you ready to be part of a dynamic and entrepreneurial underwriting business operating at the heart of the Lloyd’s market? With ambitious growth plans, this is an exciting opportunity to join a forward-thinking organisation that values innovation, collaboration, and excellence.
As part of a strategic initiative to centralise outwards reinsurance operational support, we are building a new Outwards Reinsurance team within Underwriting Operations. We are now seeking a detail-oriented and proactiveOutwards Reinsurance Analystto support this transformation and help shape the future of our reinsurance operations.

Key Responsibilities

• Process outwards reinsurance policies and maintain accurate records in the policy administration system.
• Support the netting-down process for outwards reinsurance.
• Reconcile facultative reinsurance to inwards premium and claims bordereaux.
• Prepare and issue statements for reinsurance recoveries and premiums.
• Monitor and process reinsurance advices and recoveries.
• Assist with bordereaux preparation, LORs processing, and collateralised reinsurance tracking.
• Provide administrative support across the full post-placement lifecycle.
• Contribute to the collation of renewal placing information and ad-hoc tasks as required.

What We’re Looking For

• Prior experience in reinsurance, ideally within the Lloyd’s or London market.
• Solid understanding of reinsurance structures (e.g., Excess of Loss, Quota Share, Facultative).
• Strong analytical and problem-solving skills with a continuous improvement mindset.
• Highly organised with a keen eye for detail and a commitment to accuracy.
• Excellent interpersonal and communication skills.
• A collaborative team player who thrives in a fast-paced environment.
• Data-driven and compliance-focused.

Key Stakeholders
You’ll work closely with senior leadership, underwriting teams, risk and compliance, and external regulatory bodies including Lloyd’s, PRA, and FCA.

Why Join Us?

• Be part of a business that rewards success and aligns staff incentives with profitability.
• Thrive in a culture that values independence, creativity, and professional growth.
• Enjoy a supportive and inclusive environment where every voice matters.