Reinsurance Technician

Primary Details

Time Type:
Full time Worker Type:
Employee To assist the reinsurance team in the processing of reinsurance collections, premiums and adjustments

Reinsurance Technician

London/hybrid

About QBE

At QBE, we get to the heart of what matters for our customers.

And we do it all with a human touch.

We’rean international insurer with more than 13,000 people working across 26 countries – which meanswe’rebig enough for your ambitions, yet small enough for you to make a real impact.

It’san exciting time.

We’rebuilding momentum towards our vision to become the most consistent and innovative risk partner.

What if you could have a positive impact – at work and in the world?

Aspart of the QBE team,you’llget to spend every day working with people who are passionate,talented and kind.

Please note - Applicants must have the right to work in the UK as visa sponsorship is not available for this role.

The opportunity

We have an exciting opportunity for a Reinsurance Technician to join our Reinsurance Operations team on a full-time permanent basis. With global exposure across complex reinsurance programs, broad risks and multi-line products this role will partner across the business gaining a variety of exposure.

With hybrid office working and excellent benefits including 30 days holiday, you will be working in a supportive, inclusive, and collaborative environment.

Your Role:

Reporting to a Reinsurance team leader, you will be responsible for the recording of balances relating to Facultative proportional and non-proportional reinsurances in the European Operations division, building and developing relationships with brokers and reinsurers and ensuring that QBE meets its obligations in respect of this important area. You will be part of a team in the UK with an offshore function based in the Philippines.

• Develop and maintain relationships with stakeholders, specifically Reinsurers, Brokers, Underwriters and Claims Teams, ensuring that high standards of service are maintained and improved upon.

• Respond to Broker and Reinsurer queries relating to premium settlements and claims recoveries.

• Liaising with Claims team to obtain loss reports for reinsurance recoveries and raising queries to assist with the accurate processing of Reinsurance recoveries.

• Support the work of the Outwards Credit Control team to ensure timely receipt of recoveries (LORs experience beneficial).

• Perform peer review for tasks completed by the Offshore and Onshore reinsurance team.

• Assist with keeping process documentation up to date.

• Determines own work priorities and activities in line with agreed plans to ensure the achievement of personal and team objectives.

• Running reports to extract and analyse data in Excel and Power-BI.

About You:

• Knowledge of Insurance or Reinsurance business (essential)

• Facultative Reinsurance experience (essential)

• Captive / Co-Reinsurance experience (advantageous)

• A high level of numeracy and literacy.

• Ability to prioritise work to demanding deadlines.

• Knowledge of business processes.

• Good interpersonal and communication skills.

• Organisational and analytical skills, and the ability to prioritise work.

• Experience using DCXL (advantageous)

Benefits

We offer a range of benefits to help provide holistic support for your work life, whatever your circumstances.

As well as the benefits below we also offer an extensive choice of other options to suit you!

• 30 days holiday a year
  with theoptionto buy up to 2additionaldays.

• Flexible working
  -balancing work and life is important so our flexible working opportunities are open to all, this can include part-time, job share and compressed hours.

• Pension –you are automatically enrolled into the QBE pension plan, which entitles you to receive employer contributions of 10% of your basic salary.

• Private medical insurance
  – we fund fully comprehensive private medical cover for you and all the family.

• Family friendly policies
  – we offer 26 weeks leave at full pay regardless of gender identity, sexual orientation or how you become a parent.

• Short term remote work abroad
  -you can request up to 20 days per year to work remotely from certain locations abroad.

• Sustainable investing
  - we believe sustainable integration is…