Ceded Reinsurance Technician

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Ceded Reinsurance Technician

  • Location:

    United Kingdom

  • Contact:

    Godwin Sosi

  • Contact email:

    godwin.sosi@equitycity.co.uk

  • Job ref:

    582

  • Published:

    21 days ago

  • Expiry date:

    2025-05-09

Title: Ceded Reinsurance Technician
Location: London/ Hybrid 
Salary: Competitive 

About the role 
  • Account preparation and analysis for all ceded types.
  • Assist with the cash entry and application process for all ceded types.
  • Assist with the calculation and booking of premiums and claims recoveries for XOL, facultative and quota share covers within core systems.
  • Prepare and maintain proportional treaty statement aging schedules for internal reporting and tracking of overdue accounts.
  • Liaise with cash analysts, underwriting departments, Claims department, brokers and clients to resolve queries.
  • Ensure high quality data and contract set up within the reinsurance systems.
  • Assist with the ceded Aged Debt and Unallocated Cash Analysis.
  • Utilisation of technology to maximize efficiency of the ceded reinsurance department.
Qualifications, Skills and Experience:
  • Ability to learn and adapt in a dynamic environment
  • General knowledge of insurance and reinsurance principles.   Business line knowledge useful
  • London market company experience preferred.
  • Strong verbal and written communication skills, Ability and confidence to challenge existing procedures & use of system
  • Detailed oriented and strong problem solver with analytical abilities, Demonstrated positive attitude and works well within a Team environment
  • Strong computer skills – knowledge of Microsoft Excel Pivot Tables, V-Lookups, and MS PowerPoint, preferred SAP