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