Ceded Reinsurance Technician

• Lead the placement of onshore ceded reinsurance treaties and facultative covers across property, casualty, and specialty lines
• Develop and maintain relationships with reinsurers, Lloyd's syndicates, and brokers to secure optimal terms and capacity
• Negotiate reinsurance contract terms, conditions, and pricing with underwriting and actuarial teams
• Monitor reinsurance programme performance and recommend adjustments
• Review and interpret reinsurance contracts, endorsements, and slips
• Manage premium and claims bordereaux, settlements, and cash calls
• Maintain reinsurance records and databases in accordance with internal controls and Lloyd's/FCA requirements
• Oversee cedant accounting, including premium payables, recoveries, and loss notifications
• Ensure compliance with LMA, FCA, and Solvency II requirements
• Liaise with internal audit, risk, and compliance functions
• Support reinsurance data preparation for SCR reporting and ORSA submissions
• Monitor reinsurer credit risk and maintain approved panel documentation
• Prepare management information and board-level reporting on programme performance, recoveries, and market trends
• Collaborate with underwriting, claims, actuarial, and finance teams
• Respond to queries from regulators, auditors, rating agencies, and other stakeholders

• Minimum 4–7 years' experience in ceded reinsurance, treaty administration, or a related reinsurance broking/underwriting role within the UK or Lloyd's market
• Strong working knowledge of treaty and facultative reinsurance structures, including proportional and non-proportional
• Familiarity with UK regulatory requirements including Solvency II, Lloyd's minimum standards, and FCA obligations
• Experience with reinsurance administration systems such as Sequel Eclipse, Xuber/Majesco, or similar
• Proficiency in Microsoft Excel for data analysis and reporting
• Strong analytical and numerical skills with attention to detail
• Excellent communication and negotiation skills
• Ability to manage multiple priorities and deadlines in a fast-paced environment
• Collaborative team player able to work cross-functionally
• High degree of professional integrity and commercial awareness
• ACII qualification or working towards it is desirable
• Experience in Lloyd's of London market environment is desirable
• Exposure to reinsurance run-off or legacy portfolios is desirable
• Knowledge of IFRS 17 implications for reinsurance contracts held is desirable
• Must already be eligible to work in the United Kingdom

Demonstrates expertise in ceded reinsurance treaty placement and administration, with a strong understanding of regulatory compliance, contract negotiation, and performance monitoring. Proficient in managing relationships with reinsurers and brokers while ensuring adherence to industry standards and internal controls.

• Ceded Reinsurance
• Treaty Administration
• Solvency II Compliance
• Reinsurance Administration Systems
• ACII Qualification

• Treaty Reinsurance Structures
• Reinsurance Contract Negotiation
• Data Analysis
• Performance Monitoring
• Premium and Claims Management

• Excellent Communication
• Negotiation Skills
• Attention to Detail
• Collaborative Team Player
• Ability to Manage Multiple Priorities

• ACII Qualification

• Lloyd's Market
• FCA Obligations
• LMA Compliance
• IFRS 17
• Reinsurance Run-off

• Sequel Eclipse
• Xuber/Majesco
• Microsoft Excel