About the Role
Our client is recruiting for a Reinsurance Technical Analyst with knowledge of technical processing and Binders & Bordereaux. It is working for an outstanding Lloyd’s Broker based in the City joining their growing team.
Experience in reinsurance and Binders business is key, the successful person will handle multiple classes of business, mainly Non-Marine & Marine and focus on US business.
This is a fantastic business, that encourages personal and professional development of employees both internally and outside of the business. They will offer funding for further insurance qualifications and further market initiatives.
Key Responsibilities
Support the Brokers and account managers in the London office by performing contract input and invoice production for London produced business
Report on status of contracts to ensure external and internal timelines are met
Work with brokers on contract language to ensure best practice in terms of closing to markets
Respond to ad hoc queries or provide reports relating to contract and transaction status internally or externally
FDO submission
Bordereaux analysis (Written and Paid)
Premium processing
Assisting cash allocation
Xchanging submissions / query resolution
Statistical reporting
Profit Commission calculations
Williness to get involved in Wholesale and Reinsurance business
Key Skills & Experience
The client is seeking someone who has experience reinsurance and binders knowledge of London Market A&S procedures.
Knowledge of Open Twins would be an advantage but not essential.
Someone with strong communication skills who is highly organised and works well under pressure.