Reinsurance Technician

i2i Recruitment Limited; Cheltenham; Hybrid; GBP 32,000 - 52,000; Full time

Benefits offered by this job

25 days' holiday

Excellent pension

Private healthcare

Smart working: office & home

CII study support

Clear career pathway

Cycle2Work scheme

Wellbeing subsidy

Annual volunteering day

Sports & social events

Fun, warm office environment

Job summary

i2i Recruitment Limited is partnering with a specialist insurance firm in the UK to recruit a Treaty accounts analyst. You will manage treaty accounts, verify premiums, commissions, deductions, taxes and reserves, and coordinate with reinsurers to ensure accuracy.

You will process accounts, prepare transfer and commission documentation, submit through the Insurers Market Repository, and maintain FCA-compliant records.

Qualifications

• A-Level education as a minimum.
• Strong analytical and problem-solving skills.
• Excellent attention to detail and organisation.
• Confidence with data, systems and Microsoft Office, particularly Excel and Word.
• Ability to work independently and collaboratively.
• Experience with policies and procedures.
• Strong communication and interpersonal skills.
• Proactive mindset with curiosity and continuous improvement.
• Interest in developing knowledge of insurance and reinsurance.

Responsibilities

• Ensure Treaty accounts are received on time and comply with slip conditions.
• Check premiums, commissions, deductions, taxes and reserves are applied correctly.
• Process accounts and ensure Treaty closings accurately reflect client accounts and reinsurer deductions.
• Prepare portfolio transfer and profit or sliding-scale commission adjustment documentation.
• Submit Treaty accounts through the Insurers Market Repository and update Total Objects records.
• Liaise with clients to obtain outstanding information, including loss reserves and loss bordereaux.
• Maintain accurate electronic files and high-quality Treaty statistical reports.
• Prepare statistics, reports and documentation for internal and external stakeholders.
• Respond to routine enquiries, identify urgent issues and resolve technical queries.
• Carry out quality control checks on other technicians' work when required.
• Build relationships with international account handlers across the London and Netherlands Broking divisions, as well as clients and underwriters.
• Submit documents using specialist systems, including DXC and Xchanging.
• Ensure all work complies with FCA regulations.

Skills

Analytical skills

Attention to detail

Data handling

Excel

Word

Communication

Interpersonal skills

Independent & collaborative work

Problem solving

Continuous improvement

Education

A-Level education

CII qualification (nice to have)

Tools

DXC

Xchanging

Job description

What's in it for you?

• 25 days' holiday + holiday buying scheme
• Excellent pension
• Private healthcare
• Smart working policy with office and home working options
• Excellent training opportunities, including CII study support
• Clear, defined career pathway
• Cycle2Work scheme
• Wellbeing subsidy
• Annual volunteering day
• Sports and social events
• Fun, warm office environment

Must have's

• A-Level education as a minimum
• Strong analytical and problem-solving skills
• Excellent attention to detail and organisation
• Confidence working with data, systems and Microsoft Office, particularly Excel and Word
• Ability to work independently and collaboratively
• Experience working with policies and procedures
• Strong communication and interpersonal skills
• Proactive mindset, with curiosity and a focus on continuous improvement
• Interest in developing knowledge of insurance and reinsurance

Nice to have's

• Experience within financial services
• Knowledge or experience of Treaty accounting
• CII qualification or a desire to work towards one
• Experience handling financial data, accounts or technical documentation

So, what will you be doing?

• Ensure Treaty accounts are received on time and comply with slip conditions
• Check premiums, commissions, deductions, taxes and reserves are applied correctly
• Process accounts and ensure Treaty closings accurately reflect client accounts and reinsurer deductions
• Prepare portfolio transfer and profit or sliding-scale commission adjustment documentation
• Submit Treaty accounts through the Insurers Market Repository and update Total Objects records
• Liaise with clients to obtain outstanding information, including loss reserves and loss bordereaux
• Maintain accurate electronic files and high-quality Treaty statistical reports
• Prepare statistics, reports and documentation for internal and external stakeholders
• Respond to routine enquiries, identify urgent issues and resolve technical queries
• Carry out quality control checks on other technicians' work when required
• Build relationships with international account handlers across the London and Netherlands Broking divisions, as well as clients and underwriters
• Submit documents using specialist systems, including DXC and Xchanging
• Ensure all work complies with FCA regulations

Helpful extras

• Analytical, organised and detail-focused
• Confident working with data and investigating discrepancies
• Strong relationship-building and communication skills
• Motivated to develop technical insurance knowledge and progress within the industry

Our mission of 'Making Recruitment Personal' also means making recruitment fair. As a result, we are committed to reviewing every application with a sense of diversity and inclusion. We strive to personally connect with each applicant, but due to the number of applications we receive, this is not always possible. We will still aim to update you on your application, regardless of if it's successful.