Reinsurance Contracts Specialist – London Market

Acrisure, LLC; Greater London; On-site; GBP 40,000 - GBP 55,000; Full time

Job summary

A leading re/insurance intermediary in London is seeking a Reinsurance Technician with substantial experience in contract processing for London Market Brokers. The role involves entering contracts and ensuring timely transaction processing while collaborating with brokers. The ideal candidate will possess strong analytical and communication skills, a thorough understanding of various contract types, and proficiency in Microsoft Office Suite. Join a dynamic team dedicated to achieving customer satisfaction in all operations.

Qualifications

• Significant experience processing contracts and premiums for a London Market Broker.
• Thorough understanding of quota share, excess of loss, binding authority contracts.
• Ability to calculate loss ratios and accurately allocate limits to losses.

Responsibilities

• Enter contracts and process transactions in the broker system.
• Handle multiple contract types including Excess of Loss and Quota Share.
• Ensure timely processing of underwriter payments.

Skills

Strong communication (written and verbal)

Analytical skills

Negotiation skills

Technical skills

Statistical analysis

Tools

Microsoft Office Suite

Job description

A leading re/insurance intermediary in London is seeking a Reinsurance Technician with substantial experience in contract processing for London Market Brokers. The role involves entering contracts and ensuring timely transaction processing while collaborating with brokers. The ideal candidate will possess strong analytical and communication skills, a thorough understanding of various contract types, and proficiency in Microsoft Office Suite. Join a dynamic team dedicated to achieving customer satisfaction in all operations.