Ceded Reinsurance Technician
Listed on 2026-10-17
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Insurance
Risk Manager/Analyst, Insurance Analyst
EXL (NASDAQ: EXLS)is a global data and artificial intelligence ( AI ) company that offers services and solutions to reinvent client business models, drive better outcomes and unlock growth with speed. EXL harnesses the power of data, AI, and deep industry knowledge to transform businesses, including the world’s leading corporations in industries including insurance, healthcare, banking and financial services, media and retail, among others.
EXL was founded in 1999 with the core values of innovation, collaboration, excellence, integrity and respect.
We are headquartered in New York and have more than 60,000 employees spanning six continents. For more information, visit .
Role
Title:
Ceded Reinsurance Specialist
Location: London, United Kingdom (Hybrid working 4 days a week in the office)
Employment Type: Permanent
Summary of the role:We are seeking an experienced Onshore Ceded Reinsurance Senior Specialist to join our UK reinsurance team. This role is responsible for supporting the administration, and oversight of our ceded reinsurance programmes.
Thisis a key role within Ceded Reinsurance and requires a collaborative, team-oriented approach. In addition to day-to-day operational activities, you will also be actively working across various tactical and strategic projects to increase efficiency and quality of ceded reinsurance processes.
As part of your duties, you will be responsible for: FAC Contract AdministrationMain point of contact from Ceded Re Ops for all Facultative RI covers. This includes review and interpret reinsurance contracts, facilitating security review and review contract terms setup in operational system.
Engage with the underwriting team on Fac placements documentation
Oversee the accounting process including premium payables, recoveries, and loss notifications.
Large Loss Recovery ManagementSupport Netting down requests from Claims team
Take lead in engaging with Claims in resolving any external queries on losses
Review XOL and FAC loss notification on large losses
Broker relationship and Party data managementLiaise and co-ordinate broker communications, including regular updates on credit control
Manage Reinsurer counter party data considering various ceded re policies and reporting requirements
Syndicate Ceded Re championChampion Lloyds LORS processes and engage with brokers, Offshore operations team and Finance to help facilitate LORS processes and Lloyds reporting.
Team and Stakeholder engagementLiaise with the offshore ceded operations team and guide them through various ceded processes and reporting
Support enhancement of ceded reinsurance metrics and dashboard
Participate in various cross functional projects and initiatives, as required
Collaborate with Ceded Re purchasing, underwriting, claims, actuarial, and finance teams to support reinsurance strategy and processes.
Qualifications and experience we consider to be essential for the role:Essential Experience & Qualifications
10–15 years' experience in ceded reinsurance, treaty administration, or a related reinsurance broking/underwriting role within the UK and Lloyd's market.
Strong working knowledge of treaty and facultative reinsurance structures (proportional and non-proportional).
Familiarity with UK regulatory requirements including Solvency II, Lloyd's minimum standards, and FCA obligations.
Experience with reinsurance administration systems (e.g. XL Pro, Sequel Eclipse or similar.
Proficiency in Microsoft Excel for data analysis and reporting.
ACII qualification (Chartered Insurance Institute) or working towards it.
Experience in Lloyd's of London market environment.
Exposure to reinsurance run-off or legacy portfolios.
Knowledge of IFRS 17 implications for reinsurance contracts held.
Skills and Personal attributes we would…(If this job is in fact in your jurisdiction, then you may be using a Proxy or VPN to access this site, and to progress further, you should change your connectivity to another mobile device or PC).