Reinsurance Technician

Bruin Financial & Professional Services; London; On-site; GBP 40,000 - 60,000; Full time

Job summary

A leading financial services provider in London seeks a Reinsurance Technician to support their operations team. The ideal candidate will have substantial experience in reinsurance contract processing and a solid understanding of London Market systems. Responsibilities include contract input, invoicing, and ensuring error-free documentation for Excess of Loss placements. This is an excellent opportunity for a detail-oriented professional to advance their career in the reinsurance sector.

Qualifications

• Experience with reinsurance contract input and processing.
• Knowledge of Excess of Loss (XOL) placements and documentation.

Responsibilities

• Input reinsurance contracts and manage invoicing.
• Work on XOL reinsurance placements and handle documentation.
• Resolve queries related to Xchanging submissions.
• Support premium processing and cash allocation.
• Perform profit commission calculations and statistical reporting.

Skills

Experience in reinsurance contract processing

Strong understanding of London Market systems and procedures

Job description

Reinsurance Technician

We are currently recruiting for a Reinsurance Technical role with a global broker, supporting their London Market operations team. This is a fantastic opportunity for someone with experience in reinsurance contract processing and a strong understanding of London Market systems and procedures.

Key responsibilities include:

• Reinsurance contract input, invoicing, and closing
• Working on Excess of Loss (XOL) reinsurance placements and documentation
• Xchanging submissions and query resolution
• Premium processing and cash allocation support
• Profit commission calculations and statistical reporting

Should this be of interest to you, then please apply within for further information.