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Outwards Reinsurance Technician

Employer
HFG
Location
City of London, England, London
Salary
Negotiable
Closing date
13 Dec 2023
Reference
ORIT001
View moreView less
Sector
General insurance
Contract Type
Permanent
Hours
Full Time

Job Details

New Vacancy - Outwards Reinsurance Technician
City of London or Brighton / Hybrid

HFG are currently partnered with a top Lloyd's MGA who are looking to add a Outwards Reinsurance Technician to their team. They are looking for someone experienced in the outwards space who can come in and assist with mentoring the juniors in the team.

Key Responsibilities

  • Implement procedures to accurately calculate the reinsurance asset and issue reinsurance recoveries.
  • Successfully achieve individual and team objectives.
  • Calculate reinsurance recoveries as needed.
  • Evaluate the feasibility of releasing individual reinsurance recoveries.
  • Prepare reinsurance billings and loss advices as necessary.
  • Maintain records and respond to technical queries from reinsurers and/or brokers.
  • Assist with credit control to ensure timely collection of outstanding balances.
  • Assist with and manage commutations as required to achieve realistic values for the company's gross liabilities and ceded assets.
  • Complete and report on assigned projects.
  • Ensure effective and timely reporting as requested.

Company

HFG is an award winning international recruitment consulting firm that provides specialist professionals to leading General Insurance, Life, Reinsurance, Pensions and Management Consultancy firms. 

Since our formation in 2002 we have sought to provide a market leading recruitment service which challenges the gap between large agencies broad capabilities, and executive search companies’ levels of service.

Regarded by our clients and candidates as industry experts, we deliver solutions to the global insurance marketplace where we specialise in actuarial recruitment.

Led by a number of ex-industry professionals, our consultants have shown a long-term commitment to their defined markets. 

The provision of considered advice based on deep market knowledge is central to our business model. 

You will regularly find HFG at industry events and conferences including GIRO, Life, Momentum, Health, Care & Protection and Joint Risk, Investment & Pensions.

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