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Ceded reinsurance technician

London
The Hartford
Reinsurance technician
Posted: 29 July
Offer description

Join to apply for the Ceded Reinsurance Technician role at The Hartford

1 week ago Be among the first 25 applicants

Join to apply for the Ceded Reinsurance Technician role at The Hartford

INTL Ceded Reinsurance Technician - RB09YZ

We’re determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals – and to help others accomplish theirs, too. Join our team as we help shape the future.

This role will be based in London, UK and you are required to have the necessary right to work details prior to application.

To work within the Hartford Ceded team, assisting with monthly, quarterly and year-end reporting and analysis. To work as part of a team to meet both internal and external reporting deadlines.

A key aspect of this role is the responsibility to identify, issue and book Reinsurance claims to our RI Brokers for Facultative, Quota Share and Excess of Loss RI types.

Job Responsibilities

RI Administrative Support: Provide administrative support to the reinsurance team, including maintaining daily / monthly processing tasks such as:


* Daily review of SCM movements
* Work with Claim Ops to ensure accurate Event Coding
* Assist in managing the Outwards Reinsurance program, including data collection, premium payment processing, claim notifications, and recovery documentation.
* Maintain an inventory of reinsurance treaties and document reinsurance conditions.
* Review Reinsurance slips, premium allocations, and cover notes issued by brokers and reinsurers. Update Outwards Reinsurance Policy documentation as needed.
* Participate in projects to improve procedures and processes.
* Contribute to identifying potential risks related to reinsurance activities.
* Review and analysis of monthly claim bordereaux
* Prepare and issue Syndicate loss numbers for any shared loss.
* Maintain static claim register – provide periodic updates to RI / Broker Review monthly reports to identify any potential new recoverable losses.
* Review the minor currency losses that fall below the SCM thresholds.
* Assist in maintenance of Credit Control files to assist with Management Information and improve timeliness of debtor recovery.
* To provide assistance with credit control on outwards RI collections.

Qualifications

* Degree in a relevant field preferred.
* Progress toward or completion of a recognised insurance qualification (e.g., CII) is advantageous.
* Proficient in compliance, regulatory matters, systems, and programs.
* Proactive mindset with a willingness to challenge and improve existing processes.
* Excellent MS Office skills, particularly Excel.
* Detail-oriented with the ability to multitask.
* Team player with strong interpersonal skills.
* Ability to analyse data and provide concise summaries or recommendations.
* Effective stakeholder management, including interaction with senior management teams internally and externally.
* Innovative and creative, with a willingness to bring new ideas to improve processes.
* Ability to establish credibility and maintain high ethical standards.
* Excellent communication skills for interacting with clients, employees, and management.
* Problem-solving mindset to identify issues and develop creative solutions.

About Us | Culture & Employee Insights | Diversity, Equity and Inclusion


Seniority level

* Seniority level

Entry level


Employment type

* Employment type

Full-time


Job function

* Job function

Engineering and Information Technology

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