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Senior Technician - Outwards Reinsurance

  • Location:

    London

  • Sector:

    Operational

  • Job type:

    Permanent

  • Salary:

    £60000 - £90000 per annum

  • Contact:

    Awais Ashraf

  • Contact email:

    Awais.Ashraf@oliverjames.com

  • Job ref:

    JOB-062021-144135_1623256215

  • Published:

    5 days ago

  • Expiry date:

    2021-07-09

An Insurance client based in the heart of the City is looking for a Senior Technician with proven history and exposure in Outwards Reinsurance operations.

Mandatory Requirements

  • 10+ years of Outward Reinsurance processing experience,
  • Understanding of a reinsurance processing platform and its functionality.
  • A good understanding of the ceding process from an inwards perspective
  • A good understanding of the downstream Financial impact and processes.
  • A good understanding of Facultative, Treaty, and XOL contracts including
  • A good understanding of operational aspects of recoveries
  • Solvency II and Regulatory Reporting Requirements
  • Understanding of Collateralised Funding
  • Ability to liaise with Client Team who are managing the placement process

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