Senior Reinsurance Technician
Client Overview
Our client operates in the insurance industry and is recruiting a Senior Reinsurance Technician for a permanent position within the Finance department.
Role and Responsibilities
- Take ownership for assigned programmes of reinsurance and own processes end to end. Keep stakeholders and leadership informed without prompting.
- Create reinsurance risks in core systems, ensuring policy terms and system functionality drivers are accurately recorded and maintained.
- Ensure all reinsurance premiums, commissions and expenses are correctly calculated, booked, advised and settled under Contractual Terms.
- Ensure the timely and accurate calculation and issuance of reinsurance recoveries in respect of paid claims and outstanding reserves, responding to all reinsurer queries in line with key performance indicators. Accurately record all reinsurance recoveries in core systems.
- Develop strong relationships with key internal and external parties, to expedite the receipt of reinsurance funds and reduce dispute risk.
Key Skills
- Previous experience in the insurance industry and possess a strong demonstrable knowledge of how to facilitate all aspects of reinsurance post-placement.
- Bring energy, drive and a consistently constructive approach, engaging positively with change and contributing openly to new ideas.
- Demonstrate the ability to interpret and analyse reinsurance contract language, in order to correctly assess the applicability of cover. A basic understanding of accounting principles and practices would be beneficial.
- Be delivery oriented, motivated to succeed and energised to intentionally drive their own personal development. A capacity to learn is imperative and initiative is highly valued.
- Work autonomously and be capable of prioritising their own workload, anticipating what needs to be done ahead of being asked and taking ownership for outcomes.
