Reinsurance Technician
Job Market: Insurance Broking
Reinsurance Technician / Broker Support Technician – About the role
This is an excellent opportunity to join a global Lloyd’s broker who are leaders in their field. You will provide support to your team to deliver an excellent and comprehensive service in the administration of new business, renewal and mid-term changes of Treaty Reinsurance for specific clients. The successful candidate will also have exposure to clients and markets to help manage all aspects of the placing and running of Treaties across predominately North American Wholesale business.
Reinsurance Technician / Broker Support Technician – Key duties
Reviews client documentation to ensure that information presented is sufficiently comprehensive/accurate to support the quoting process
Prepares or checks market presentations
Liaises with clients and ensures client queries are resolved
Responds to market and third party queries as appropriate
Produces high quality and compliant market documentation ensuring appropriate authorisations are secured
Act as a conduit between the Broking and Technical Processing Teams as required, including provision of accurate handover documentation for processing.
Monitoring of premium payments and meeting premium due dates.
Ensures up to date records are maintained at all times on the Company system
Collates and communicates client requirements to ensure appropriate marketing of the risk
Develops good relationships with markets and clients
Follows agreed processes and obtains appropriate approvals to ensure compliance with company policy and regulatory requirements
Maintains appropriate client files, and oversees the prompt and accurate production of documentation to best meet client, company and regulatory requirements
Strives to provide quality and excellence in line with company process
Builds and maintains strong relationships with internal stakeholders and external contacts to ensure service delivery meets expectations and is compliant
Provides support and assistance to senior colleagues and/or their clients on request
Deals with, or refers, client enquiries, renewals and mid-term adjustments
Develops strong relationships with immediate Team and the wider Business Unit
Assists with the development and maintenances appropriate underwriter relationships
Reinsurance Technician / Broker Support Technician – Key requirements
Experienced in Reinsurance, preferably in Treaty Reinsurance – full training to be provided.
Experience of working with Treaty Brokers and supporting the placement process, including
knowledge of Market Reform Contract production.
Competent IT skills, including but not limited to Microsoft Word, Excel and Outlook
Along with our client, we are committed to a diverse workforce and as such recruit from a wide available pool of talent, with the hiring, assessment and selection process being fair, free from bias and one which ensures the right person is selected for the job, based on merit. We treat colleagues, candidates, clients, and business partners with equality, fairness and respect, regardless of their age, disability, race, religion or belief, gender, sexual orientation, marital status or family circumstances.
A copy of our D&I policy can be made available upon request.