Senior Technician (Reinsurance)

Howden; Manchester; On-site; GBP 40,000 - 60,000; Full time

Job summary

A global insurance provider is seeking a skilled professional to join their team in Manchester. This role focuses on managing the administration of reinsurance contracts while ensuring accuracy in technical accounting. The ideal candidate will have extensive experience within the reinsurance sector, proficiency in managing client relationships, and strong problem-solving skills. The position includes responsibilities in training team members and maintaining regulatory compliance, contributing to a collaborative and diverse workplace.

Qualifications

• Extensive technical accounting experience in London Market reinsurance.
• Strong understanding of Lloyd’s and London Market processes.
• Ability to demonstrate technical expertise in proportional treaty accounting.

Responsibilities

• Manage administration of proportional treaty reinsurance contracts.
• Validate account submissions and cash loss transactions.
• Prepare profit commission statements and portfolio transfers.
• Assist with training and mentoring less expert team members.

Skills

Technical accounting experience

Understanding of Lloyd’s processes

Technical expertise in proportional treaty accounting

Auditing and reviewing skills

Strong communication

Organizational skills

Problem-solving skills

IT skills in Microsoft Office

Education

GCSEs including Maths and English

A-Levels or equivalent

Job description

Who are we?

Howden is a collective – a group of talented and passionate people all around the world. Together, we have pushed the boundaries of insurance. We are united by a shared passion and no-limits mindset, and our strength lies in our ability to collaborate as a powerful international team comprised of over 20,000 employees spanning more than 100 countries.

We're moving from strength to strength, expanding our global reach and growing both organically and through strategic, high-quality mergers and acquisitions. By bringing together diverse expertise and perspectives, we're enhancing our unique culture and values, whilst continuing to expand our capability to innovate, and deliver exceptional solutions for our clients.

The Role

This is an exciting opportunity to join our growing Business Services team in Milton Keynes, supporting the administration of proportional Treaty & Reinsurance contracts for our expanding client base. As a key point of contact for London-based broking teams, you will ensure smooth processes and accurate handling of technical reinsurance accounting. You will also play a vital role in developing the technical knowledge of others within the team, contributing to the overall success of the business.

What You’ll Be Doing

We work collaboratively to provide an excellent and comprehensive service to our clients. In this role, you will :

• Manage the administration of proportional treaty reinsurance contracts, ensuring accuracy and efficiency.
• Validate account submissions and cash loss transactions in line with contract terms.
• Prepare profit commission statements, portfolio transfers, and sliding scale calculations.
• Ensure accurate data entry and credit control processes while resolving outstanding queries.
• Support business units by providing timely and accurate management information.
• Maintain up-to-date records across company systems and ensure compliance with regulatory requirements.
• Assist with training and mentoring less expert team members to develop technical expertise.
• Act as a key escalation point for internal teams and clients, ensuring excellent service delivery.

Who We’re Looking For

We value expertise, attention to detail, and a strong service-oriented approach. We’re looking for someone who :

• Has extensive technical accounting experience within the London Market reinsurance sector.
• Possesses a strong understanding of Lloyd’s and London Market processes and systems.
• Can demonstrate technical expertise in proportional treaty accounting.
• Has experience auditing and reviewing the work of others for accuracy and compliance.
• Works efficiently under pressure, meeting deadlines while maintaining high-quality standards.
• Is a strong communicator, able to build and maintain relationships with clients and internal partners.
• Is highly organised, with strong problem-solving skills and attention to detail.
• Has proficient IT skills, particularly in Microsoft Word, Excel, and PowerPoint.

Qualifications

• GCSEs (or equivalent) including Maths and English at Grade C or above.
• A-Levels (Grade A-C) or equivalent are desirable but not crucial.
• Progression towards professional qualifications is helpful but not required.

What do we offer in return?

A career that you define. At Howden, we value diversity – there is no one Howden type. Instead, we’re looking for individuals who share the same values as us :

• Our successes have all come from someone brave enough to try something new.
• We support each other in the small everyday moments and the bigger challenges.
• We are determined to make a positive difference at work and beyond.

Diversity and Inclusion

At Howden we value diversity - there is no one Howden ‘personality type’. Instead, we’re looking for individuals who share the same values as us :

• Our successes have all come from someone brave enough to try something new.
• We support each other, in the small everyday moments and the bigger challenges.
• We are determined to make a positive difference, at work and beyond.

We consider our people our chief competitive advantage and as such we treat colleagues, candidates, clients, and business partners with equality, fairness, and respect – regardless of age, disability, race, religion or belief, gender, sexual orientation, marital status, or family circumstances.

Reasonable adjustments

We're committed to providing reasonable accommodations at Howden to ensure that our positions align well with your needs. Besides the usual adjustments such as software, IT, and office setups, we can also accommodate other changes such as flexible hours* or hybrid working*.

If you're excited by this role but have some doubts about whether it’s the right fit for you, send us your application – if your profile fits the role’s criteria, we will be in touch to assist in helping to get you set up with any reasonable adjustments you may require.

• Not all positions can accommodate changes to working hours or locations. Reach out to your Recruitment Partner if you want to know more.

Our sustainability promise

We’re on a life-long journey to become an ever-more sustainable group. It's a commitment to taking care of our people and the world we live in, to doing good business, and to making a positive impact wherever we can. Our governance processes, company policies, and review systems are all geared towards our goal of making a positive impact in the world. You can read more about our sustainability work here.