Ceded/Outwards Reinsurance Technician - Goodman Masson : Job Details

Ceded/Outwards Reinsurance Technician

Goodman Masson

Job Location : London, UK

Posted on : 01/07/2025 - Valid Till : 18/07/2025

Job Description :

Reinsurance Technician

We are looking for a Reinsurance Technician to join us on a permanent basis. You will be supporting our insurance clients based in the city of London.

Key Responsibilities:

  • Assist in preparing and submitting inwards transactions, applying treaty terms (retention, cession & commission) accurately
  • Process and analyse bordereaux and statements of account; maintain complete and auditable records
  • Support monthly and quarterly close processes, including reconciliation of ceded premiums, reinstatement premiums, and recoveries
  • Track and collect outstanding recoverables, liaising with brokers and reinsurers to resolve discrepancies
  • Monitor treaty expiry dates, commission schedules, and ensure SLA compliance
  • Assist with post-bind contract administration and system input; support audit and collateral tracking
  • Support communication with underwriters and finance to ensure alignment on expected vs. actual recoveries

Requirements

Skills & Experience:

  • 3 years in reinsurance or insurance claims/accounting support.
  • Familiarity with reinsurance treaties (quota share, excess-of-loss).
  • Strong numeracy, attention to detail, and analytical ability.
  • Excellent communication and teamwork skills.

Benefits

Paying up to £90,000 per annum, depending on experience.

Salary : 0 - 0

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