Senior Reinsurance Technician

Arthur Recruitment; London; Hybrid; GBP 50,000 - 70,000; Full time

Job summary

A leading London Market Insurer is seeking a Senior Reinsurance Technician to manage reinsurance technical accounts across Europe. This pivotal role requires significant experience in the Reinsurance sector and expertise in credit control, with responsibilities including oversight of settlements and process improvement. The position offers a competitive salary, bonuses, and hybrid working arrangements.

Qualifications

• Significant experience in the Reinsurance sector.
• Proven expertise in credit control within Insurance/Reinsurance.
• Proactive approach towards process improvement.

Responsibilities

• Oversee settlement of reinsurance premiums and credit control processes.
• Ensure collection targets for premium payables and recoveries are met.
• Lead setup and review of reinsurance contracts and allocations.

Skills

Reinsurance sector experience

Credit control expertise

Process improvement

Collaboration

Job description

The Retail arm of a London Market Insurer is actively hiring for a Senior Reinsurance Technician with a Credit Control background to join the team in a pivotal role ensuring the rigorous management of reinsurance technical accounts across Europe.

You will be part of a team of 5 based in their brand new offices in central London and will oversee an offshore team providing day-to-day support.

Responsibilities will include:

1. Oversight of the settlement of reinsurance premiums and ensuring robust credit control processes are in place and followed.
2. Ensure premium payables and reinsurance recoveries collection targets are continuously achieved.
3. Lead the setup and review of reinsurance contracts, slips, premium allocations, and cover notes issued by third parties.
4. Challenge processes and develop action plans to enhance efficiency, propose solutions, and strengthen controls.
5. Build strong collaborative relationships with internal and external stakeholders to ensure smooth operations and meet business goals.

You will have:

1. Significant experience in the Reinsurance sector and strong knowledge of technical reinsurance principles.
2. Proven expertise in credit control within Insurance/Reinsurance.
3. A proactive approach towards process improvement with examples.
4. Open-minded and adaptable to fast-growing and changing environments.
5. The ability to thrive in a highly collaborative environment.

The salary on offer is competitive plus bonus, benefits, and hybrid working.

Please apply below.

Seniority level

• Mid-Senior level

Employment type

• Full-time

Job function

• Finance

Industries

• Staffing and Recruiting