Job Description
Reinsurance Technician
We are looking for a Reinsurance Technician to join us on a permanent basis. You will be supporting our insurance clients based in the city of London.
Key Responsibilities:
* Assist in preparing and submitting inwards transactions, applying treaty terms (retention, cession & commission) accurately
* Process and analyse bordereaux and statements of account; maintain complete and auditable records
* Support monthly and quarterly close processes, including reconciliation of ceded premiums, reinstatement premiums, and recoveries
* Track and collect outstanding recoverables, liaising with brokers and reinsurers to resolve discrepancies
* Monitor treaty expiry dates, commission schedules, and ensure SLA compliance
* Assist with post-bind contract administration and system input; support audit and collateral tracking
* Support communication with underwriters and finance to ensure alignment on expected vs. actual recoveries
Requirements
Skills & Experience:
* 3 years in reinsurance or insurance claims/accounting support.
* Familiarity with reinsurance treaties (quota share, excess-of-loss).
* Strong numeracy, attention to detail, and analytical ability.
* Excellent communication and teamwork skills.
Benefits
Paying up to £70,000 per annum, depending on experience.