Outwards Reinsurance - Junior Buyer

Role: Outwards Reinsurance - Junior Buyer

Location: London - Hybrid

Position type: Full time, permanent

We have an exciting opportunity within our Outwards Reinsurance Placement team to support the delivery of the end‑to‑end placement process. This role is key in ensuring the effective delivery of excellent, high quality and valued analytics to assist purchasing decisions and effectively manage risk.

This role provides exposure to the entire suite of RI placement, including Outwards Reinsurance, Underwriting, Claims, Operations, Credit Control, Finance and Actuarial. A key focus of this role will be on the successful delivery of outwards reinsurance analytics for Lead Buyers, Lead Underwriters, MS Amlin Syndicate C Suite and Stakeholders. There will be plenty of opportunity for exposure across multiple classes of business and you'll find no one day is ever the same!

• Produce comprehensive Outwards Reinsurance information and analytics for business planning, strategic decision‑making and portfolio optimisation purposes.
• Develop and maintain detailed reinsurance programme analytics including exposure analysis, loss scenarios, pricing comparisons and coverage assessments across both proportional (quota share, surplus share) and non‑proportional (excess of loss, catastrophe) treaty structures.
• Produce standardised renewal submission information packages including exposure data, loss experience, underwriting information and risk profiles to assist the Lead Buyers with managing the entire placement process through intermediaries and on a direct basis.
• Support the evaluation of prospective reinsurance arrangements by analysing portfolio risks, assessing coverage adequacy and reviewing terms and conditions to ensure optimal protection.
• Assist in the preparation and review of placing slips, contract wordings and reinsurance documentation working with in‑house Legal Counsel.

• Contribute to the evaluation of alternative capital solutions by conducting cost‑benefit analyses comparing traditional reinsurance with capital markets alternatives.
• Assist with the documentation and monitoring of ILS transactions, tracking collateral positions and performance metrics.

• Assist the Lead Outwards Reinsurance team to produce comprehensive reports and all Management Information (MI) requirements including reinsurance programme summaries, security exposures and market relationship updates.
• Produce the required documentation for the Lloyd’s Regulatory Returns on a quarterly basis including the Syndicate Reinsurance Structure (SRS) submissions.
• Prepare reinsurance‑related data for Lloyd’s Capital Requirements (LCR) submissions and Solvency II/Solvency UK reporting frameworks.
• Ensure accuracy and completeness of reinsurance data submissions, maintaining compliance with Lloyd’s Market Bulletin requirements and regulatory timelines.
• Provide relevant information for the group’s Committees and Board Meetings including Capital & Risk Committee, Underwriting Committee and Audit Committee presentations.

• Provide a central point of contact for all internal and external queries regarding the placement process including but not limited to Underwriters, Processing teams, Reinsurers and Intermediaries.
• Maintain strong working relationships with reinsurance brokers and reinsurers, supporting the Lead Buyers in market engagement and negotiation activities.
• Liaise with Processing teams to ensure the end‑to‑end placement to recovery process runs effectively with minimal hand‑offs.
• Provide constant dialogue with portfolio underwriters to understand protection requirements and ensure reinsurance programmes align with underwriting strategies.
• Monitor reinsurance security exposures and counter party concentrations, escalating issues and recommending actions as appropriate.

• Participate in team projects on an ad hoc basis including process improvement initiatives, system implementations and special analytical requests.
• Identify events which will have…