Reinsurance Technician (Longevity)

Hannover Re; London; On-site; GBP 45,000 - 60,000; Full time

Job summary

A global reinsurance company in London seeks a Reinsurance Technician (Longevity) to manage administration and accounting for its longevity portfolio. You will be the main contact for clients and will focus on performance analysis and stakeholder management. Candidates with insurance operations and reinsurance experience are preferred. This role offers a collaborative work environment with a strong emphasis on continuous improvement.

Benefits

Structured onboarding

Health management offers

Work-life balance initiatives

Qualifications

• Insurance operations experience is preferred.
• Reinsurance experience is a distinct advantage.
• Ability to manage relationships with external parties.

Responsibilities

• Lead onboarding of longevity treaties into technical processes.
• Ensure compliance with regulatory requirements.
• Develop and maintain relationships with clients and colleagues.

Skills

Consultative approach

Excellent organizational skills

Communication skills

Problem-solving

Tools

SAP financial accounting system

Microsoft Excel

Power BI

Job description

Social network you want to login/join with:

Reinsurance Technician (Longevity), London

col-narrow-left

Client:

Hannover Re

Location:

London, United Kingdom

Job Category:

Other

-

EU work permit required:

Yes

col-narrow-right

Job Reference:

6cd22ca00caa

Job Views:

7

Posted:

01.08.2025

Expiry Date:

15.09.2025

col-wide

Job Description:

The Role

The Reinsurance Technician (Longevity) will play a pivotal role in our Reinsurance Operations team. The individual will take ownership for the administration and accounting for the Branch’s growing longevity portfolio, as well as leading the oversight and governance activities for our third-party annuity outsourcing relationship. They will be the main operational contact for our longevity clients and suppliers. The role provides an excellent opportunity to develop experience of operations, performance analysis, and stakeholder management, alongside financial reporting responsibilities.

They will partner with the Data management team to deliver a focus on value creation, embedding financial processes, as well as leading on automation and efficiency initiatives, whilst providing insights on the performance of our longevity business.

Duties & Responsibilities:

• Lead the onboarding of longevity treaties into the technical accounting and data processes to ensure accounts are submitted in accordance with contractual terms, and in line with internal business requirements
• Managing all aspects of the outsourced annuity administration services, including:
  Ensuring that the third-party provider delivers service in line with agreed SLAsRun the relationships with the annuity clients and outsourcing providerValidation and reconciliation of the monthly payrollsProduction of MI for Hannover Re management and clientsCo-ordinate the oversight and governance activities requested by our clientsLead the annual due diligence and governance activities on the outsourcing providerDrive continuous improvement of processes and controls to ensure that the annuity administration service continues to meet all internal, client and regulatory requirementsEnsure compliance with regulatory requirements (e.g., Consumer Duty) by staying current with evolving regulations and collaborating closely with the Head of Compliance.
• Ensure that all technical bookings for single premium annuities and longevity treaties are accurate and timely
• Collaborate with the Treaty Accountant and the Data Management team to deliver high quality analytics and business performance reporting
• Administer policy and claim data provided by the clients and outsourcer to ensure it meets Hannover Re business requirements, including data quality, SLAs, and treaty terms and conditions
• Develop and maintain excellent relationships with colleagues across the Hannover Re Group to deliver business process and longevity system enhancements
• Develop and maintain excellent relationships with clients to ensure the delivery of high-quality client account data that meets business requirements
• Provide expert accounting and administration support to the Longevity Business Development team
• Act as subject matter expert for Branch longevity accounting and reinsurance operations
• Maintain quality and consistency of process standards and operational controls
• Maintain process and control documentation relating to the annuity and longevity treaties of the Branch
• Lead and participate in both Group and local projects in respect of longevity accounting and business performance reporting

About You:

Qualifications Required

Experience

• Insurance operations experience would be an advantage
• Financial process and control design
• Reinsurance experience, a distinct advantage
• Management of relationships with external parties

Skills

• Consultative and collaborative approach to problem solving
• Communication and presentation of information and complex ideas to a range of audiences
• Excellent organisational skills with the ability to follow direction and work independently as required
• SAP financial accounting system experience an advantage
• Sound understanding of the Microsoft Office suite of products, including Excel
• Experience of Power BI an advantage

Person Specification

Delivery and Accountability
Results oriented, taking accountability and ownership for deliverables. Ability to work in a demanding environment managing multiple deadlines. Ability to make effective decisions quickly. An initiative-taker who leads in delivering positive outcomes for the Branch.

Problem Solving
Ability to break down complex issues and identify trends, patterns, and interdependencies. Pragmatic approach to assessing risks when developing solutions.

Team Player
Focuses on building and maintaining a positive team culture and developing cross-functional relationships. Embraces diversity of thought, ideas, and skills to engage the team and deliver objectives.

Communicating and Influencing
Excellent negotiation skills and demonstrated capacity to influence decisions and manage relationships with key stakeholders. Adapts communication style depending on audience.

Innovation and Continuous Improvement
Creates an environment where concepts are challenged and new ideas and solutions are encouraged. Continuously strives for process improvement.

Developing Capability and Knowledge Sharing
Actively develops and enables the team acting as a role model and mentor. Willingness to knowledge share and learn from peers using a range of development tools.

Customer Focus
Develops a deep understanding of the complexities of the customer business in order to implement ideas and technical expertise. Ensures that customer feedback is actioned, and customer satisfaction maintained.

What We Offer

Atmosphere: You will find an international working environment with short decision channels, an open feedback culture and a sense of community shaped by mutual esteem and a readiness to help.
Benefits: Structured onboarding, benefits superior to those of the collective agreement as well as modern offers for personal development, health management and work-life balance are just some of our benefits.
Prospects: You contribute your specialist and methodological expertise and we offer you fresh input and the opportunity to further develop your potential – including room to come up with innovative ideas and act on them!

Apply simply and securely by clicking on the "apply now" button.

You can find out more about our working environment, your entry options and development opportunities at .