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    Job Title – Reinsurance Technician  

    Contract – Permanent

    Salary – £65,000

    Location – London (Hybrid) 2 Days Per Week Office Based


    Purpose of the role

    We are currently seeking an experienced Reinsurance Technician. This is a pivotal role within the department focussed on the servicing of outward reinsurance programmes.

    Duties and accountabilities

    • To analyse the inward claims against the syndicates outward reinsurance programmes.
    • To undertake the processing of the reinsurance recoveries and calculation of reinstatement premiums.
    • Liaise with brokers, advising and collection of reinsurance claim recoveries.
    • Assist with maintaining the syndicate’s reinsurance records and apply to the reinsurance applications and systems.
    • Reinsurance credit control processing and reporting of aged debt.
    • Processing of premiums and premium adjustment for non-proportional and facultative risk placements.
    • Processions quarterly premiums and claims on proportional quote share treaty accounts including calculation of annual profit commission.
    • Assist with monthly and quarterly close processing.

    Skills, Knowledge And Experience

    The successful candidate will:

    • Have demonstrable experience working successful in a similar capacity.
    • Having previously worked within Lloyds reinsurance market is advantageous.
    • Experience and working knowledge of typical Lloyds market reinsurance arrangements to include; Excess of loss, facultative and quota share placements.
    • Familiarity with LORS messages and their processing requirements.
    • Excellent working knowledge of a full suite of MS Office products to include Word and Excel whilst having the ability to develop a full understanding of in-house reporting capabilities.
    • Well developed communication skills both written and oral.
    • Excellent stake holder management skills coupled with a high attention to detail.


    For extra information please contact:-

    London: 0203 411 8430

    Email: admin@lawesgroup.co.uk


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