Senior Ceded Re Operations Analyst,

Arch; London; On-site; GBP 40,000 - 55,000; Full time

Job summary

A leading company in the insurance sector is seeking a Ceded Reinsurance Technician in London. This role involves working closely with internal teams and external partners to manage reinsurance contracts effectively. The ideal candidate will possess strong Excel skills, good communication abilities, and a proactive approach to problem-solving. Experience in the Lloyds Insurance market is preferred. Join a collaborative team dedicated to driving efficiency and enhancing service levels.

Qualifications

• 2 years’ experience in a similar role within the company & Lloyds Insurance market preferred.
• Experience of all major types of reinsurance i.e. Facultative, Quota Share and Excess of Loss.

Responsibilities

• Set up ceded contracts for automation in the XL Pro Reinsurance System.
• Prepare and render Treaty statements, ensuring policy conditions are met.
• Develop relationships with internal and external stakeholders.

Skills

Excel

Communication

Initiative

Education

2 years’ experience in a similar role

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 will be working closely with other team members and both internal and external teams to ensure Reinsurance contracts are interpreted, entered and serviced within the XLPro system in a timely fashion. Additional responsibilities will include working with Brokers, Reinsurers and Auditors, to meet regulatory deadlines.

You will be required assist your team members to continually improve the current ways of working and provide support to ensure the team meets it’s goals in a positive way. You will also be expected to work with and support our offshore team (GSO).

Key Tasks and Responsibilities

• Set up ceded contracts for automation in the XL Pro Reinsurance System
• Prepare and render Treaty statements, and ensure policy conditions and accounting terms are met
• Ensure premium payments are made in a timely manner on facultative and excess of loss purchases
• Calculate, prepare and render XOL collections and Advices
• Reporting of Ceded Reinsurance financials, both internally and externally
• Ensure adherence to internal controls, including Risk and SOX controls
• Assist with preparation of any regulatory reporting including Lloyd’s returns, group reporting, terrorism pools
• Develop relationships with internal and external stakeholders to drive efficiency and increase service levels
• Liaise with Ceded Reinsurance purchasers and prepare renewal information as may be required
• Assist with the review of current procedures and recommend enhancements to improve the processes
• Assist with the Financial Reporting, Committees and Board packs and Regulatory Returns

Role Requirements & Skills

Skills / Competencies

• Strong excel skills
• Experience using XLPro is desirable but not essential
• Ability to prioritise and work to deadlines/targets
• Good communication skills, both written and verbal
• Ability to work on their own and use their initiative

Qualifications

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

Experience

• Experience of all major types of reinsurance i.e. Facultative, Quota Share and Excess of Loss.
• Some experience in both Non Marine and Marine, in particular Property and Casualty classes.
• Awareness of Ceded Reinsurance Regulatory Returns, including SRS, QMA and Solvency II.

Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn’t the right fit but you’re interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch’s Talent Acquisition team.

14101 Arch Europe Insurance Services Ltd