Trainee Group Reinsurance Technician

The Lancashire Group; Greater London; On-site; GBP 25,000 - 30,000; Full time

Job summary

A leading insurance firm in London is seeking a Trainee Group Reinsurance Technician to assist the Reinsurance team with daily functions and develop industry knowledge. The role requires excellent communication skills, good IT literacy, and the ability to prioritize tasks. Join a company that values collaboration and a positive working environment.

Qualifications

• Interest in the London and Lloyd's Insurance/Outwards Reinsurance Markets.
• Excellent communication skills and ability to articulate issues.
• Good IT literacy and proactive attitude.
• Ability to prioritize work and maintain good relationships.

Responsibilities

• Provide administrative support to the Reinsurance team.
• Maintain daily processing of reinsurance functions.
• Record and monitor reinsurance contracts accurately.
• Calculate and process reinsurance recoverables.
• Assist with regulatory reporting and month-end processes.

Skills

Interest in London and Lloyd’s Insurance/Outwards Reinsurance Markets

Excellent communication skills

Good IT literacy

Ability to prioritize work

Job description

Trainee Group Reinsurance Technician

Application Deadline: 22 December 2025

Department: Reinsurance

Employment Type: Permanent - Full Time

Location: London

Description

The primary purpose of this role is to assist the Reinsurance team on a day to day basis on all Outwards Reinsurance functions and develop outwards Reinsurance knowledge.

Specific Responsibilities

• Provide administrative support to the Reinsurance team
• Maintain daily processing including LORS messaging, USM, SCM and exceptions
• Record and monitor reinsurance contracts accurately and in a timely manner
• Calculate and process reinsurance recoverables including liaising with brokers to monitor any overdue recoveries and report on the aged debt
• Process reinsurance premium adjustments, NCBs and PC’s including quota share and XOL as required
• Assist with regulatory reporting, month and quarter end processes
• Manage workflows and priorities and provide clear updates on work progress

Essential Skills & Requirements

• An interest in the London and Lloyd’s Insurance/Outwards Reinsurance Markets
• Excellent communication skills and ability to articulate, report and elevate any issues that may interrupt the regular reinsurance processing
• Good IT literacy and proactive attitude to developing IT skills
• Ability to prioritise work and maintain good relationships internally and externally.

The Lancashire Way

At Lancashire, we believe our culture sets us apart. The way we behave and approach our work day-to-day is what makes us unique and creates a positive experience for our people, business partners and other stakeholders. Honesty and integrity in all we do is a given and The Lancashire Way reflects our true character and spirit.

Straight-talking

We feel empowered to share thoughts and ideas, because everyone’s voice matters.

Collaborative

We work together towards common goals, share knowledge and support each other.

Hard-working

We all have a stake in the company’s success and are proactive in contributing to our goals and vision.

Responsible

We focus on achieving tangible results with consistent standards across the Group.

Positive

We engage with brokers, clients, communities, stakeholders and colleagues professionally and passionately as proud ambassadors of Lancashire.