An opportunity to become a key technical resource within a highly successful and innovative third-party Lloyd's Managing Agent. The successful candidate will use their technical reinsurance knowledge to process and manage all aspects of syndicate outwards reinsurance programs.



* Senior Reinsurance Technician





Key Accountabilities:



* Accurate Cover note interpretation.
* Knowledge of premium terms including calculation of adjustment premium.
* Identification of losses and or circumstances which may trigger reinsurance reporting thresholds.
* Review of losses and or circumstances against the terms and conditions of the reinsurance contract.
* Ensure compliance to any contractual reporting triggers.
* Ability to calculate reinsurance recoveries against a complex Reinsurance programme.
* Calculation of Profit Commissions
* Knowledge of Reinsurance credit control function
* Assist with the implementation of new Ceded Reinsurance systems through project phases.
* Peer review Ceded Reinsurance record entry into source systems.



What you need to bring:



* A good understanding of the full end to end Reinsurance process from Post Placement through to Credit Control and Reporting.
* Good communication skills, both written and verbal.
* Understanding and knowledge gained within the London market



What is on offer:

* salary to £65,000 + comprehensive rewards & benefits
* hybrid working flexibility - City of London & Home



Interested? Please apply today and we will contact you by return.



MW Appointments has been recruiting in the Insurance market since 1992, so you will benefit from partnering with a market leader who possess in-depth technical understanding, comprehensive market in-sight, excellent market intelligence and well-established relationships with companies across the insurance sector.

MW Appointments is acting as an Employment Agency in relation to this vacancy.