Reinsurance Technician

Title: Ceded Reinsurance Technician
Location: London

Arthur is currently partnered with one of the most exciting and versatile newer Lloyd's Syndicates to join the market in recent years on the appointment of a Reinsurance Technician to join their growing Ceded Operations Function. 

The purpose of this role is to assist with the ceded reinsurance transactions including premiums, commissions and recoveries for all of the syndicate's purchased reinsurance.  You will be responsible for the syndicate's reinsurance subledger and counterparty balance reporting.

Your Role:

• Ownership for the OWRI transaction settlements including LORS/IRIS/XL Pro administration
• Responsibility for subledger including basic contract reference and credit control ledger
• Prepare monthly reporting of outstanding balances
• Contract administration and organisation
• Reinsurer reporting – Quota Share statements, premium adjustment, etc.
• Reinsurance recovery collection billing
• Track Reinsurance rebates

Your Skills, Experience and Qualifications:

- Demonstrated experience working within a Lloyds Syndicate within a reinsurance function. Candidates from Claims, Broking, Ceded Re, Underwriting will all be considered.
- Able to calculate recoveries across a range of reinsurance types.
- Able to identify applicable reinsurances.
- Strong communicative skills and confident interacting with managers, colleagues and stakeholders.
- Detail orientated and quantitative.

If interested please apply above or for more information get in touch: michael.oliver@arthur.co.uk