Senior Reinsurance Technician
Core
Senior-level technical administration and oversight of outwards reinsurance activities, including contract management, recovery activity, and reporting for Chaucer Lloyd's Syndicate 1084 and Chaucer Insurance Company DAC.
Role type
Senior Reinsurance Technician (Outwards)
Builds
Complex reinsurance contracts, collection notes, premium adjustments, profit commission, and recovery payments.
Domain
Insurance / Reinsurance / Lloyd's Market
Required skills
Outwards reinsurance operations, treaty terms interpretation, complex technical calculations, recovery management, Lloyd's reporting, XL Pro, Microsoft Office, workload prioritization, coaching/mentoring
Preferred skills
LORS processes, reinsurance platform implementation, data analysis
Technologies
XL Pro, Microsoft Office
Responsibilities
Administer complex outwards reinsurance contracts across excess of loss, proportional and facultative accounts; Calculate, issue and monitor reinsurance collection notes; Complete premium adjustments, profit commission, NCB and other complex technical calculations; Manage the collection and payment of recoveries and premium; Produce and review risk and claim bordereaux, renewal presentation information, financial summaries and management information; Review tasks completed by the outsourcing partner and provide appropriate technical challenge and feedback; Prioritise and allocate workloads for allocated technicians, coach them to develop their technical understanding and capability.
Seniority
Senior, hands-on IC with team leadership