Pro Rata Reinsurance Technician

About the role

A Pro Rata Technician is needed in the Client Support Services department, working on a hybrid basis: two days at home and three days in the Witham office. You will support the client base through transactional processing and secure reinsurance recoveries through timely and accurate system entry. The role suits someone with some knowledge of reinsurance, whether Pro Rata, Treaty, XOL or Reinsurance Premiums/Claims.

Key responsibilities

• Manage an assigned client portfolio, taking full responsibility for the technical duties relating to client accounts.
• Work with Market Fiduciary to assist with the collection of funds.
• Manage Pro Rata post, brokerage receivables, funding, retention, e-trading, ad hoc reporting requests and all transactional process steps, including renewals.
• Promote, build and maintain relationships with brokers, clients and markets.
• Take part in training sessions and give input to the team and department on reinsurance service processing and troubleshooting.

Required profile

• Reinsurance Premium/Claims experience, such as handling cash loss or large loss.
• Willingness to learn and develop knowledge of technical account structure.
• Successful management of workload and ability to manage expectations.
• Some knowledge of reinsurance (Pro Rata, Treaty, XOL or Premiums/Claims) is ideal but not stated as essential.

Required skills

• Competent Excel skills and proficiency in Microsoft Office applications.
• Useful but not essential: Pro Rata experience, London Market systems such as LORS and the IMR, knowledge of the CLASS system, and knowledge of letters of credit and the Citibank process.

What we offer

• Hybrid working with free parking close to the Witham office.
• Flexible 'Finish Early Friday' hours from May until 29 August, finishing at 1pm on Fridays where possible.
• Support with study towards CII qualifications and career progression opportunities.
• Professional development, a vibrant and inclusive culture, and a global business serving clients of all sizes.