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Senior Ceded Re Operations Analyst,

McNeil & Co.

London

Hybrid

GBP 50,000 - 70,000

Full time

Yesterday
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Job summary

A leading company in the insurance sector is seeking a Senior Ceded Re Operations Analyst to join their team in London. This full-time remote position involves collaborating with stakeholders to ensure timely processing of reinsurance contracts and improving workflows. Candidates should possess strong Excel skills and relevant experience in the Lloyd’s Insurance market. Join a dynamic environment where you can solve complex business problems and contribute to innovative solutions.

Qualifications

  • Experience within Lloyd’s Insurance market preferred.
  • Knowledge of major reinsurance types: Facultative, Quota Share, Excess of Loss.
  • Understanding of regulatory returns such as SRS, QMA, and Solvency II.

Responsibilities

  • Set up ceded contracts for automation in XLPro.
  • Prepare Treaty statements, ensuring compliance with policy conditions.
  • Manage premium payments for facultative and excess of loss purchases.

Skills

Strong Excel skills
Excellent written and verbal communication skills
Ability to prioritize and meet deadlines
Self-motivated with initiative

Education

At least 2 years of relevant experience

Tools

XLPro

Job description

Senior Ceded Re Operations Analyst

Role Overview

Apply for the remote position with a hybrid working model based in London, UK. This is a full-time role posted 8 days ago, with an application deadline of June 30, 2025.

Our company culture emphasizes collaboration, expertise, and innovation, aiming to promote progress and inspire clients, employees, investors, and communities to realize their potential. Our work helps others achieve their goals. We Enable Possibility℠.

Role Details

Title: Ceded Reinsurance Technician

Location: London

Department: Reinsurance

Version Date: May 2025

Reports To: Ceded Re Operations Manager

HR Contact: KR

Role Purpose

This role involves working within the Ceded Reinsurance Operations Team, collaborating with internal and external stakeholders to ensure timely processing of Reinsurance contracts within the XLPro system. Responsibilities include liaising with Brokers, Reinsurers, and Auditors to meet regulatory deadlines. The role also requires supporting team members in improving workflows and working with the offshore GSO team.

Key Responsibilities
  • Set up ceded contracts for automation in XLPro
  • Prepare and render Treaty statements, ensuring compliance with policy conditions and accounting terms
  • Manage premium payments for facultative and excess of loss purchases
  • Calculate and communicate XOL collections and advices
  • Report on Ceded Reinsurance financials internally and externally
  • Maintain internal controls, including Risk and SOX compliance
  • Assist in regulatory reporting, including Lloyd’s returns and group reports
  • Build relationships with stakeholders to improve efficiency and service
  • Coordinate renewal information with Ceded Reinsurance purchasers
  • Review and suggest improvements to current procedures
  • Support financial reporting, committee and board documentation, and regulatory submissions
Skills and Qualifications
Skills / Competencies
  • Strong Excel skills
  • Experience with XLPro is advantageous but not essential
  • Ability to prioritize and meet deadlines
  • Excellent written and verbal communication skills
  • Self-motivated with initiative
Qualifications
  • At least 2 years of relevant experience, preferably within Lloyd’s Insurance market
Experience
  • Knowledge of all major reinsurance types: Facultative, Quota Share, Excess of Loss
  • Experience in Non-Marine and Marine classes, especially Property and Casualty
  • Understanding of regulatory returns such as SRS, QMA, and Solvency II

If you enjoy solving complex business problems and working with talented colleagues in an innovative environment, Arch may be the right fit. Interested in future opportunities? Create a job alert or join our talent community to connect directly with our Talent Acquisition team.

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