Summary
An opportunity to join a Leading international Lloyds (re)insurance broker who are positioned in the global top 10 for reinsurance. In this role you will collaborate with colleagues in branch offices located across the globe and active in over 70 countries.
Reinsurance Broking Technician
The role in a nutshell …
Processing and full-service administration of proportional treaty accounts together with claims recoveries for XoL contracts.
This will include …
- Externally, build trusted relationships with Cedants and Reinsurers to resolve queries and provide a market leading service standard.
- Internally, collaborate with colleagues in the London HQ and in overseas branch offices to ensure the accurate and timely placement and servicing of accounts.
- Process proportional treaty accounts and calculate premium adjustments in accordance with the slip conditions.
- Maintain reconciliations of technical accounts.
- Monitor / review technical position of treaty accounts and premium adjustments.
- Process and oversee XoL claims / reinstatements from first advice to settlement.
- Provide pro-active credit control on designated accounts and manage collections & payments.
- Analyse data and create a variety of different statistical reports.
- Ensure compliance to external regulatory frameworks and Company procedures.
- Ensure all digital and paper files are up-to-date and accurate.
What you need to show …
Understanding of Lloyds / London (re)insurance marketKnowledge of Treaty Technical Processing (mainly proportional treaty accounts) from a broking or carrier perspective.Experience dealing with XL claims and credit control (not essential)Client servicingAccuracy and attention to detailPossess a team working ethos.Work in an organised way and be able to prioritise workflow.What you need to know …
Salary £35,000 to £50,000, depending on type and level of expertiseAnnual bonus & benefits packageSupport towards CII studyHybrid working flexibility - City of London & Home splitJoin a vibrant and dynamic team within a highly successful Lloyds brokerWork in a supportive team environmentLearn from respected market professionals.