Job Type:
Permanent
Build a brilliant future with Hiscox
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 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.
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
· Reporting – internal and external
· Assist with system developments
Person Specification
· At least 3 years experience in Outwards Reinsurance.
· Ability to manage own workloads.
· Team player
· Good IT skills, including Excel
Nice to have
· ACII qualifications.
· Experience of dealing with all types of Reinsurance.
Diversity & Benefits
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.
Working life doesn’t always have to be in the office, so we have introduced hybrid working to encourage a healthy work life balance. This hybrid working model is set by the team rather than the business to enable you to manage your own personal work-life balance.
We see it as the best of both worlds; structure and sociability on one hand, and independence and flexibility on the other.
Our benefits package includes a bonus, contributory pension, 25 days annual leave plus 2 Hiscox days and a 4 week paid sabbatical with every 5 years’ worth of service, private medical for all the family and much more.
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Work with amazing people and be part of a unique culture