Outwards Reinsurance Analyst - 28712

Posted 2 days 4 hours ago by The Emerald Group

Permanent
Not Specified
Other
London, United Kingdom
Job Description

The Outwards Reinsurance Analyst is responsible for supporting the management of post outwards reinsurance placement administration; ensuring accurate and timely processing of outwards reinsurance contracts, premium, and recoveries and supporting the outwards reinsurance netting-down process

  • Location: London
  • Type: Permanent

Key Duties (Including but not limited to):

  • Processing of outwards reinsurance policies into the policy admin system, ensuring policy documentation is stored in the DMS
  • Support the outwards reinsurance netting-down process
  • Review and reconcile FAC RI to inwards premium and claims bordereaux
  • Production of statements for outwards reinsurance recovery collection and premium statements
  • Previous reinsurance experience, preferably in Lloyd's and/or London market
  • An understanding of reinsurance contract structures (Excess of Loss, Quota Share, Facultative, etc.)
  • High ability to quickly detect process inefficiencies and take initiative to suggest and collaborate with colleagues on finding ways to improve processes