Senior Outwards Reinsurance Technician
Poloworks · Cheltenham, England · United Kingdom · Hybrid
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To support the delivery of outsourced reinsurance services for PoloWorks clients, ensuring the accurate administration, accounting and reporting of proportional, excess of loss (XOL) and facultative reinsurance arrangements. The role also supports client onboarding, operational readiness, testing activities and ongoing service delivery.
Prepare and review reinsurance statements, accounts and recoveries. Process premiums, cash allocations and reinsurance transactions. Monitor outstanding balances, reconciliations and recoveries. Review treaty documentation and maintain accurate records. Support onboarding, UAT and implementation projects. Produce client reporting and attend stakeholder meetings. Liaise with brokers, reinsurers and internal teams to resolve queries in writing and face to face. Contribute to all aspects of discussing and onboarding new opportunities. Achieve, maintain and develop own competence. Supportive of the Line Manager and Reinsurance colleagues.
London Market and/or Lloyd's market experience. Experience communicating with all levels of internal and external organisations e.g. new starters to CEO / CFO level Experience of outsourced reinsurance operations. Knowledge of Lloyd's reporting requirements, including SRS. Experience supporting onboarding, operational readiness or system implementations. Experience participating in UAT activities. Exposure to reinsurance or policy administration systems. Attention to detail when handling large and sophisticated datasets. Intermediate / Advanced Excel skills.