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Reinsurance Lead

Posted about 2 months agoViewed

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💎 Seniority level: Manager, Strong experience of technical reinsurance operations

📍 Location: United Kingdom

🔍 Industry: Insurance

🏢 Company: Wakam👥 251-500Developer APIsInsurTechInsurance

⏳ Experience: Strong experience of technical reinsurance operations

🪄 Skills: MS Office

Requirements:
  • Demonstratable knowledge of Outwards Reinsurance.
  • Strong experience in technical reinsurance operations and regulatory reporting.
  • Relevant experience in developing departments and strengthening policies.
  • Occasional travel required based on business needs.
  • Knowledge of cross-border pan-European insurance markets is desirable.
  • Excellent MS Office skills, especially in Excel.
  • Detail-oriented with multitasking abilities.
  • Team player with strong interpersonal skills.
  • Ability to analyze data and summarize findings.
  • Effective stakeholder interaction, including senior management.
  • Innovative mindset with a focus on process improvement.
  • Strong understanding of insurance regulations and compliance standards.
  • Excellent communication skills with clients and management.
  • Problem-solving mindset for identifying and addressing challenges.
Responsibilities:
  • Lead the day-to-day management of the Outwards Reinsurance program; manage data, premium payments, claims notifications and recoveries.
  • Act as the principal point of contact for Reinsurance Brokers and Reinsurers.
  • Identify and propose actions to improve reinsurance conditions and strategy.
  • Engage with relevant departments to assess reinsurance requirements.
  • Lead renewal activities and negotiate reinsurance conditions; review treaties and compliance.
  • Manage operational issues and account queries.
  • Maintain reinsurance treaty inventory and update policies.
  • Participate in projects for procedure improvement and business development.
  • Report to Risk Committees and assist in identifying potential risks.
  • Maintain relationships within the group.
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