Deputy Manager - Outwards Reinsurance

Salary - £££ Highly Competitive

Location - City of London & Remote hybrid

Type - Permanent



Overview…



To take a proactive approach to all aspects of the technical and administrative activities relating to the Syndicate's reinsurance claims recoveries and premium payments, endeavouring to handle all reinsurance premiums and claims in a timely and efficient manner.

Ensure that all deadlines are met, providing technical help to junior colleagues when necessary.

To take responsibility for the quality of the Syndicate's Reinsurance output (collections/ advices/ treaty statements/ premium adjustments/ PC Calcs etc.).

To assist the Reinsurance Manager with the leading and managing of the Reinsurance Team including close supervision and training of less senior colleagues in the team.

To work closely with the various teams across the group including Claims, Underwriting, Legal and Exposure Management teams in order to respond effectively to Reinsurers' queries in a prompt and accurate manner. This requires establishing a strong working relationship with the group's reinsurance brokers.

To work closely with the Finance and Actuarial teams in order to ensure that all reporting requirements (both Lloyds and internal) are met in an accurate and timely fashion.

Ensure that all regulatory requirements are complied with.



Required skills and experience…





* Ability to fully support the RI manager in all aspects of the Syndicate's RI processes.
* Proven Supervisory skills.
* Ability to teach/ instruct less senior members of the RI Team.
* Working knowledge of all Non-marine & Marine classes of business.
* In-depth knowledge of all Non-proportional, Proportional and Facultative Reinsurance processing.
* The ability to work independently and resolve complex problems with little or no guidance.
* Ability to take a lead role in RI specific sections of larger projects.
* Extensive London Market outwards Reinsurance processing experience (both marine and non-marine) in a supervisory role preferably gained working for a Lloyds Syndicate or London Market Company.
* A good level of data analytics experience for internal and external reporting.



Ref ~ 9013

MW Appointments is acting as an Employment Agency in relation to this vacancy.