Senior Ceded Re Operations Analyst,

Arch Insurance; London; On-site; GBP 35,000 - 50,000; Full time

Job summary

A leading insurance company seeks a Ceded Reinsurance Technician in London to join their Ceded Reinsurance Operations Team. The role involves managing reinsurance contracts, ensuring compliance, and collaborating with internal and external stakeholders. Ideal candidates will have strong Excel skills, relevant experience in reinsurance, and the ability to work independently.

Qualifications

• 2 years’ experience in a similar role preferred.
• Experience in the Lloyds Insurance market is preferred.
• Awareness of Ceded Reinsurance Regulatory Returns.

Responsibilities

• Set up ceded contracts for automation in the XL Pro Reinsurance System.
• Ensure premium payments are made in a timely manner.
• Assist with regulatory reporting including Lloyd’s returns.

Skills

Strong excel skills

Good communication skills

Ability to prioritise and work to deadlines

Ability to work on their own

Tools

XLPro

Job description

With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠.

Role Title: Ceded Reinsurance Technician

Location: London

Department: Reinsurance

Date of version: May 2025

Reports To: Ceded Re Operations Manager

HR Contact: KR

Role Summary and Purpose

The primary responsibility of this role is to work within the Ceded Reinsurance Operations Team. This role involves working closely with team members and internal and external teams to ensure Reinsurance contracts are interpreted, entered, and serviced within the XLPro system in a timely manner. Additional responsibilities include working with Brokers, Reinsurers, and Auditors to meet regulatory deadlines.

You will be required to assist your team members in continually improving current processes and providing support to ensure the team meets its goals positively. You will also support our offshore team (GSO).

Key Tasks and Responsibilities

1. Set up ceded contracts for automation in the XL Pro Reinsurance System
2. Prepare and render Treaty statements, ensuring policy conditions and accounting terms are met
3. Ensure timely premium payments on facultative and excess of loss purchases
4. Calculate, prepare, and render XOL collections and Advice
5. Report Ceded Reinsurance financials internally and externally
6. Adhere to internal controls, including Risk and SOX controls
7. Assist with regulatory reporting, including Lloyd’s returns, group reporting, and terrorism pools
8. Develop relationships with stakeholders to drive efficiency and service levels
9. Liaise with Ceded Reinsurance purchasers and prepare renewal information as required
10. Review and recommend improvements to current procedures
11. Assist with Financial Reporting, Committees, Board packs, and Regulatory Returns

Role Requirements & Skills

Skills / Competencies

• Strong Excel skills
• Experience with XLPro is desirable but not essential
• Ability to prioritize and meet deadlines/targets
• Effective written and verbal communication skills
• Ability to work independently and use initiative

Qualifications

• At least 2 years’ experience in a similar role within the company & Lloyds Insurance market is preferred

Experience

• Experience with all major types of reinsurance (Facultative, Quota Share, Excess of Loss)
• Experience in Non Marine and Marine classes, especially Property and Casualty
• Knowledge of Ceded Reinsurance Regulatory Returns (SRS, QMA, Solvency II)

Interested in solving complex business problems and working with talented colleagues? Arch could be a great fit. If this role isn’t right but you’re interested in working with us, create a job alert by creating an account and opting in for email updates. Join our talent community to share your preferences directly with Arch’s Talent Acquisition team.

14101 Arch Europe Insurance Services Ltd