Senior Reinsurance Technician

Nashrock Insurance Recruitment; Greater London; On-site; GBP 65,000 - 90,000; Full time

Job summary

Nashrock Insurance Recruitment is seeking an experienced Senior Reinsurance Technician for a Lloyds Managing Agent in London. The role focuses on the outwards reinsurance function, working closely with the Head of Ceded Reinsurance to provide senior technical expertise and own key processes from close to resolution.

You will cover Facultative, Treaty and XOL workflows, support month-end, act as a technical SME, improve systems and controls, and build strong internal and external relationships to

Qualifications

• Strong experience in outwards/ceded reinsurance.
• Solid understanding of Facultative, Treaty and XOL.
• Experience across the full reinsurance lifecycle.
• Experience with month-end processes.
• Ability to act as a technical SME with senior stakeholders.

Responsibilities

• Taking ownership of the outwards reinsurance month-end close from start to finish.
• Providing senior technical support across the outwards/ceded reinsurance function.
• Acting as a subject matter expert for technical, process and XL Pro queries.
• Working across Facultative, Treaty and XOL reinsurance processes.
• Supporting the Head of Ceded Reinsurance with ongoing development of the function.
• Building and maintaining strong working relationships with relevant internal and external stakeholders.
• Supporting the development and enhancement of systems, procedures and processes.
• Identifying opportunities to improve efficiency, controls and the overall operating model.
• Providing technical guidance and support on complex reinsurance queries and processes.
• Playing a key role in developing a best-in-class outwards reinsurance function.

Skills

Analytical skills

Problem-solving

Stakeholder engagement

Proactive process improvement

Technical SME

Tools

XL Pro

Job description

A growing Lloyds Managing Agent is looking to appoint an experienced Senior Reinsurance Technician to join their expanding and dynamic reinsurance function.

This is an excellent opportunity for a senior reinsurance professional to take on a key technical role within the outwards reinsurance function, working closely with the Head of Ceded Reinsurance and playing a central role in the development and delivery of the team.

The Role:

Working closely with the Head of Ceded Reinsurance, you will provide senior technical expertise across the outwards reinsurance function, taking ownership of key processes, supporting the month-end close and acting as a subject matter expert across technical and systems-related queries.

Key Responsibilities:

• Taking ownership of the outwards reinsurance month-end close from start to finish.
• Providing senior technical support across the outwards/ceded reinsurance function.
• Acting as a subject matter expert for technical, process and XL Pro queries.
• Working across Facultative, Treaty and XOL reinsurance processes.
• Supporting the Head of Ceded Reinsurance with the ongoing development of the function.
• Building and maintaining strong working relationships with relevant internal and external stakeholders.
• Supporting the development and enhancement of systems, procedures and processes.
• Identifying opportunities to improve efficiency, controls and the overall operating model.
• Providing technical guidance and support on complex reinsurance queries and processes.
• Playing a key role in developing a best-in-class outwards reinsurance function.

About You:

We are looking for an experienced reinsurance technician or senior reinsurance professional with a strong technical understanding of outwards/ ceded reinsurance.

You will ideally have:

• Strong experience within an outwards/ceded reinsurance environment.
• Excellent understanding of Facultative, Treaty and XOL processes.
• Strong technical knowledge across the full reinsurance lifecycle.
• Experience with XL Pro would be a distinct advantage.
• Experience managing or contributing to month-end processes.
• Strong analytical and problem-solving skills.
• A proactive approach to process improvement, systems and procedures.
• The ability to act as a technical SME and work confidently with senior stakeholders.