Senior Reinsurance Analyst

AIG; City Of London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A global insurance leader is seeking a Senior Reinsurance Analyst to support the Reinsurance Operations Manager with various aspects of post-purchase reinsurance operations. The ideal candidate should have strong reinsurance technical knowledge, data analysis skills, and experience in the Lloyd’s market. This position is based in London and is part of a comprehensive benefits program focused on employee well-being and professional development.

Benefits

Comprehensive benefits program

Professional development opportunities

Qualifications

• Strong reinsurance technical knowledge and data analysis skills required.
• Experience in the Lloyd’s market is preferred.
• Ability to manage a large workload to tight deadlines.

Responsibilities

• Support data gathering and pack building for Reinsurance placements.
• Manage the claims booking process and reinsurance facultative process.
• Ensure accurate advising of losses to reinsurers.

Skills

Reinsurance technical knowledge

Data analysis

Communication skills

Workload management

Tools

Microsoft Excel

Microsoft Word

Job description

Make your mark in Talbot

Talbot operates within the Lloyd's Insurance Market through Syndicate 1183 and Syndicate 2019. With an expert team of highly skilled and experienced underwriters and a balanced, geographically diverse portfolio of business, Talbot has earned a reputation as an industry-leading insurance specialist.

Talbot writes a diversified portfolio including Crisis Management, Energy, Financial Lines, Marine, Political Risk, Property and Terrorism. Drawing on our deep industry expertise, Talbot develops tailored insurance solutions that address clients' evolving and often unique needs.

Syndicate 2019 provides Lloyd’s investors with access to AIG’s Private Client Select (PCS) portfolio. Part of AIG since 2018, Talbot is committed to working with brokers and clients to deliver industry-leading solutions. It is headquartered in London with offices in New York and Singapore.

How you will create an impact

The Senior Reinsurance Analyst will support the Reinsurance Operations Manager in all aspects of post-purchase Reinsurance operations.

Responsibilities

• Support Reinsurance Operations Manager data gathering and pack building process for Reinsurance placements
• Manage the claims booking process
• Manage the reinsurance facultative process
• Operate and process the reinsurance claim areas involvement in the month-end process
• Operate and produce large loss Ultimate recoveries to the relevant RI programme for the reserving process
• Ensure accurate and timely advising of losses to reinsurers
• Monitor reinsurance collections to ensure prompt settlement

What we’re looking for

• Strong reinsurance technical knowledge, data analysis and interpretation, communication skills, and ability to manage a large workload to tight deadlines
• A good level of experience in Reinsurance
• Experience within the Lloyd’s market
• Knowledge of LORS, the Insurance Portal and other Lloyds market systems
• Knowledge of Microsoft Office, i.e. Excel and Word
• Knowledge of Reinsurance contract types and usage

Ready to take your career to the next level? We would love to hear from you.

Enjoy benefits that take care of what matters

At AIG, our people are our greatest asset. We know how important it is to protect and invest in what’s most important to you. That is why we created our Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security—as well as your professional development—to bring peace of mind to you and your family.

Reimagining insurance to make a bigger difference to the world

American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world’s most far-reaching property casualty networks. It is an exciting time to join us — across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.

Welcome to a culture of inclusion

We’re committed to creating a culture that truly respects and celebrates each other’s talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The talent of our people is one of AIG’s greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.

AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories.

AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities. If you believe you need a reasonable accommodation, please send an email to [e-mail].

Functional Area:

OP - Operations Talbot Underwriting Services Ltd (TS1)