Reinsurance Technician (XOL)

GB001 Marsh Ltd, Witham, Essex

Reinsurance Technician (XOL)

Salary not available. View on company website.

GB001 Marsh Ltd, Witham, Essex

  • Full time
  • Permanent
  • Remote working

Posted today, 16 Nov | Get your application in now to be one of the first to apply.

Closing date: Closing date not specified

job Ref: 385b03fec7e8494cad5ae6bfeedda76d

Full Job Description

We are seeking a talented individual to join our Client Support Services department in the Excess of Loss (XOL ) team, at Guy Carpenter . This role will be based in Witham. This is a hybrid role that has a requirement of working at least two days a week in the office (free parking available). The successful candidate will work with Reinsurance professionals across Witham, London and Birmingham with experience and technical knowledge, where you will gain significant experience of working within a technical capacity for a Broker. Although Reinsurance experience would be advantageous, we are considering candidates with Insurance premium / claims or underwriting backgrounds who can demonstrate a desire to embark on a career in Reinsurance. Come and join us and be part of a global business that works with clients of all sizes to define, design and deliver innovative solutions to better quantify and manage risk. We will rely on you to :

  • Manage an assigned client portfolio, taking full responsibility of technical duties relating to client accounts, premiums and claims.
  • Work with Market Fiduciary to assist with collection of funds.
  • Manage all XOL post, brokerage receivables, funding, retention, e-trading, ad hoc reporting requests, and all transactional process steps.
  • Promote, build and maintain relationships with Brokers, Clients and Markets
  • Participate in training sessions and provide input within the team and / or department for all aspects of reinsurance service processing to assist with troubleshooting.

    Insurance / Reinsurance Premium / Claims experience and a desire to move into the Reinsurance sector.
  • Competent Excel skills and proficiency in Microsoft Office Applications.
  • Willingness to learn.
  • Successful management of workload; with an ability to manage expectations.
  • What makes you stand out :
  • Reinsurance Claims experience
  • Experience within Excess of Loss (XOL)
  • Experience of working in a technical capacity for a Broker
  • Experience of using London Market systems such as ECF and LORS

    We help you be your best through professional development opportunities, interesting work and supportive leaders.
  • We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.
  • Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.
  • Guy Carpenter, a business of Marsh McLennan (NYSE : MMC), is a leading global risk advisory and reinsurance specialist and broker. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses : Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $23 billion and more than 85,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit guycarp.com, or follow on LinkedIn and X.Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, civil partnership status, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex / gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law. We are an equal opportunities employer. We are committed to providing reasonable adjustments in accordance with applicable law to any candidate with a disability to allow them to fully participate in the recruitment process. If you have a disability that may require reasonable adjustments, please contact us at Marsh McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one anchor day per week on which their full team will be together in person.