Senior Reinsurance Technician

About the Role

The purpose of this role is to oversee and manage and help set up Synpulse’s new Centre of Excellence’s Reinsurance Operations Team which we are building to support a UK based specialist (Re) Insurance client company. The role is required to provide comprehensive review, analysis, reporting and control to support the client’s business in all reinsurance aspects.

Key Responsibilities

Responsibility for theaccuracy ofthe client’sreinsurance contract entryandquarterly internal risk reviews. Ownership ofthe production and review of the quarterly ultimate reinsurance recoveries for theclient. Sign off responsibility for theaccuracy ofkey outputs prior to distribution to the widerclientbusiness. Representthe client’s.

Ceded Reinsurancefunctionat group peer review and claims committeeincluding ownership ofqueriesraised by internal stakeholders where appropriate. Work in collaboration withclient stakeholders from thefinance, actuarial & ceded RIfunctionsto investigate/ resolvevariances Represent theclient’s. Ceded Reinsurancefunction on current and future client projects.

Supportclient administration managers on complex reinsurance issues as required. Provide ad-hocassistanceto theclient’s. Administration. Managers,includingclearing any other peer review backlog that may exist. Assurenew reinsurancecommitmentsarealigned with the client’soperating model. Providetechnical support and consultation to theclient’s.

Ceded Reinsurance system transformationprogramme. Active involvement inongoingdevelopment of theclient’s reinsurance administration procedures and systems. Provide any other technical support necessary to assist theclient. Operations Manager with the successful delivery of the Ceded Reinsurance strategy. Lead monthly internal team credit control meetings, determine actions required for older unsettled accounts.

Provide technical support tointernaland external auditprocessesas required. Improve and review thequality, accuracy and timeliness of the controls in place to support close processes. Drive improvements in efficiency and control leading to increased accuracy more timely processing. Management ofcirca3Ceded. Reinsurance.

Tecnicians(initially)with the possibility for future team expansion. Drive team growth throughdevelopment,coachingand mentoring of team members.

Required Skills

Detail oriented Proven ability toprioritizeand organizeworkloadeffectively and work with speed and accuracy Outcome focused,self-motivatedand able to meet deadlines A strong working knowledge of reinsurance including underwriting, claims, accounting, finance and associated processes, controls and systems (relevant experience in a Reinsurer/Broker would be a plus) Ability to work flexibly to complete duties of the role, particularly during peak periods Working knowledge of relevant trends and information within the insurance industry Technical and/or analytic expertise that can be adapted to current technologies Experience supporting work allocation and working to SLAs/ deadlines Excellent communication and interpersonal skills, with the ability to build strong relationships with clients, partners and internal teams Knowledgeof London market reinsurance administrationis a plus - ideallywith a detailed understanding of all types of reinsurance Provide trainingand mentoring to team-members to supportlearning and development Process transformation and control improvement experience is a plus Qualifications and Experience Finance or Economics degree(progress towards an accountancy or audit professional qualification is considered a plus) 5+ years of relevant experience in an insurance/reinsurance company Experience in ceded reinsuranceis desired but not essential English language proficiency (C1 or above) Experiencesupervisingand developingothers Insurance Career Development Flexible Work hours Learning Opportunities Inclusive and collaborative work culture