Junior Reinsurance Technician page is loaded
Junior Reinsurance Technician
Apply locations UK, Colchester time type Full time posted on Posted 5 Days Ago job requisition id R0017471
Job Type:
Permanent
Build a brilliant future with Hiscox
Position: Junior Outwards Reinsurance Technician
Reporting to: Senior Reinsurance Technician
Band: I
Location: Colchester
Junior Outwards Reinsurance Technician
Are you a team player? At Hiscox we all pull together to meet challenging deadlines across a diverse range of tasks to produce excellent results. We are hardworking, detail orientated and we thrive under pressure. If this sounds like you and you’re looking to work within a friendly and affable team based in Colchester then read on.
As a Junior Reinsurance Technician you will work as part of a ‘close knit’ and very welcoming team, working on Outwards Reinsurance processes/recoveries/accruals for the Hiscox group. We are based in Colchester and we liaise with Reinsurance Purchase, Underwriters, MI, Claims and other internal teams, along with external brokers.
As a Junior Reinsurance Technician there will be on the job training to learn all aspects and processes of Reinsurance from Excess of Loss, Pro Rata and Facultative Reinsurance.
The work we do is very diverse as we deal with Reinsurance across the whole Hiscox Group. Our goal is to continue to meet all Quarter End deadlines and collect Reinsurance Recoveries as soon as possible. We aim to keep everyone happy, as well as ourselves!
Principal Duties and Responsibilities
* Group RI calculations – facultative, excess of loss and Pro Rata
* Advice / collecting notes sent to Brokers
* Cover note processing and premium payment
* Calculation of premium adjustments
Person Specification
* At least 1 years experience within the Insurance industry or Reinsurance industry.
* Ability to manage own workloads.
* Team player
* Good IT skills, including Excel
Nice to have
* Experience of dealing with all types of Reinsurance.
* Insurance Qualifications
Diversity and flexible working at Hiscox
At Hiscox we care about our people. We hire the best people for the job and we’re committed to diversity and creating a truly inclusive culture, which we believe drives success. We also know that working life doesn’t always have to in the office, and as long as it’s safe to do so, we will be operating a hybrid way of working to encourage a healthy work life balance, with a couple of days in the office per week.
Work with amazing people and be part of a unique culture
Why work here?
If you want to help build a brilliant future; work with amazing people; be part of a unique company culture; and, of course, enjoy great employee benefits that take care of your mental and physical wellbeing, come and join us.
Get in touch
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About us
We’re a global, specialist insurer headquartered in Bermuda and listed on the London Stock Exchange. With 3,000 employees and 32 offices in 12 countries we’re a business with lots of opportunity for people with talent, spark and lots of ambition. If you want to build a great career with a company that prioritises strong values – such as integrity and courage – where our people always pull together to do the right thing for each other and our customers, then we’d love to hear from you.
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