Reinsurance Technician

Comtecs Ltd; London; Hybrid; GBP 39,000 - 65,000; Full time

Job summary

A global insurance company is seeking a Reinsurance Technician/Underwriting Assistant in London to support reinsurance processes. The ideal candidate has over 3 years of experience in insurance or reinsurance, along with strong skills in credit control and MS Office. This temporary contract position allows for hybrid work arrangements and offers competitive daily rates based on experience.

Benefits

Weekly payroll

Opportunity for extension or permanent engagement

Qualifications

• 3+ years' experience in Insurance/Reinsurance.
• Experience in Credit Control or relevant technical roles.
• Familiarity with Insurance/Reinsurance Contracts.
• Good knowledge of Excel, Word, Outlook, and MS Teams.

Responsibilities

• Creating ceded reinsurance billings.
• Loading Reinsurance Contract data onto the system.
• Raising Premium Payment packages for vendors.
• Reviewing and confirming details on the systems.
• Chasing Brokers for reinsured recoveries.
• Liaising with Brokers, Underwriters, and Claims.

Skills

Insurance/Reinsurance experience

Credit Control knowledge

Excel

Verbal and written communication skills

Tools

MS Office

Mainframe systems

Job description

Overview

Reinsurance Technician/Underwriting Assistant - Reinsurance Contracts Data Entry, Ceded Reinsurance/Outwards Reinsurance Premiums, Credit Control, Underwriter Support; MS Office, Word, Excel, Insurance Systems; City of London/Remote Hybrid (2-3 Days Onsite). Temporary Contract, 9 months + c.£150 - £250 p/day on experience (c.£39k - £65k Equivalent) (PAYE/Umbrella).

Global insurance company seeks Reinsurance Technician/Underwriting Assistant work within their EMEA Reinsurance Division supporting outward, ceded reinsurance placement post bind.

The focus of the role will be surrounding the contract registrations into various systems post-bind and supporting underwriters and reinsurance analysts in the delivery of their services:

Responsibilities

• Creating ceded reinsurance billings and issuing to Brokers
• Loading Reinsurance Contract data onto the internal reinsurance system
• Raising Premium Payment packages for external vendors
• Reviewing and confirming all details on the systems are in line with the contract
• Chasing Brokers and partners for reinsured recoveries
• Liaising with Brokers, Underwriters, Claims and core Credit Control dept

Qualifications / Experience

• 3+ years\' experience in Insurance/Reinsurance; Experience in Credit Control, a technical Reinsurance role or Underwriting Assistant role ideally with some exposure to international Reinsurance
• Familiarity with Insurance/Reinsurance Contracts/Slips/Wordings including commissions and gross written premium calculations (Desirable)
• Familiarity with using Mainframe systems and processes (Desirable)
• Good working knowledge of Excel, Word, Outlook, and MS Teams
• Able to work within a small team and manage own workloads and priorities to set timelines
• Good verbal and written communication skills

Excellent opportunity to join a global business on a long-term temp assignment with a view to extension and/or permanent engagement. Weekly payroll.