Senior Reinsurance Technician (XOL)
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FULL DESCRIPTION
Senior Reinsurance Technician (XOL)
[Employer hidden — sign up to reveal] is seeking an experienced individual to join our Client Services Support team. This role will be based in Witham. This is a hybrid role that has a requirement of working at least three days a week in the office.
As a Senior XOL Technician, you will support our client base through transactional processing, securing reinsurance recoveries through timely and accurate system entry. For this role, you will need to have proven Reinsurance experience, specifically within Excess of Loss.
We will count on you to:
- Manage an assigned client portfolio, taking full responsibility of technical duties relating to client accounts, premiums and claims
- Work with Market Fiduciary to assist with collection of funds
- Manage all XOL post, brokerage receivables, funding, retention, e-trading, ad hoc reporting requests, and all transactional process steps
- Promote, build and maintain relationships with Brokers, Clients and Markets
- Participate in training sessions, and provide input within the team and/or department for all aspects of reinsurance service processing to assist with troubleshooting
What you need to have:
- Insurance/Reinsurance Premium/Claims experience, ie; handling cash loss/large loss and a desire to move into the Reinsurance sector.
- Competent Excel skills and proficiency in Microsoft Office Applications.
- Willingness to learn and develop knowledge of technical account structure.
- Successful management of workload; with an ability to manage expectations.
What makes you stand out:
- Reinsurance Claims experience
- Experience within Excess of Loss (XOL)
- Experience of working in a technical capacity for a Broker
- Experience of using London Market systems such as LORS and the IMR (Insurance Market Repository)
- Knowledge of CLASS system is useful for review of London market queries
- Knowledge of Letters Of Credit and the Citibank process
Why join our team:
We help you be your best through professional development opportunities, interesting work and supportive leaders. We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities. Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.
At [Employer hidden — sign up to reveal], a [Employer hidden — sign up to reveal] business, you can be your best. We work on challenges that matter with colleagues who help bring out our best. [Employer hidden — sign up to reveal] is a business of [Employer hidden — sign up to reveal] (NYSE: MRSH), a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, [Employer hidden — sign up to reveal] helps build the confidence to thrive through the power of perspective. For more information about [Employer hidden — sign up to reveal], visit guycarp.com, or follow us on LinkedIn and X. [Employer hidden — sign up to reveal] is committed to embracing a diverse, inclusive and flexible work environment. We are an equal opportunities employer. If you have a disability that may require reasonable adjustments, please contact us at [Employer hidden — sign up to reveal]. [Employer hidden — sign up to reveal] is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All [Employer hidden — sign up to reveal] colleagues are expected to be in their local office or working onsite with clients at least three days per week.