Marsh & McLennan Companies
Senior Reinsurance Technician, Guy Carpenter (Hybrid)
This job is now closed
Job Description
- Req#: R_247312
As an Senior Reinsurance Technician, you will be responsible for various activities for the most complex assigned portfolios i.e., processing of all technical transactional disciplines associated with the assigned role, i.e., excess of loss, pro rata or facultative portfolio.
Responsible for around three to four assigned client accounts; including reinsurance coverage assessment, processing of premiums and/or loss transactions and associated cash follow up, application and disbursement of funds due.
The successful candidate will also be required to provide guidance and training to less experienced colleagues as well as performing leadership and business support as assigned by Team or Department Manager. This a great opportunity to help to mentor and develop some of the less experienced members of the team.
We offer and embrace a hybrid working model that nurtures a collaborative working environment in the office 2 days per week allowing 3 days per week to be spent working on a remote basis.
Competitive Benefits Package including: 27 days annual leave, up to 4 days flexible bank holidays, excellent pension contributions, private medical cover, life assurance, income protection, employee assistance program, plus a range of flexible benefits including the option to buy or sell up to 5 days holiday per year, cycle to work, dental insurance, health assessments plus many more.
Generous Family Leave including: 6 months paid maternity leave, 4 months paid paternity leave, 6 months paid adoption leave plus shared parental leave options. To help ease the transition when you return to work you will be able to work 8 weeks at 80% of your normal work pattern and receive 100% of your normal salary.
Management of the most complex client base which includes unique lines of business, program structures and reinsurance reporting requirements. Duties to support client base include transactional processing, follow up and securing reinsurance recoveries, collateral and timely and accurate system entry of all assigned client activity.
Assess and submit client and/or reinsurer presentation materials and communications to resolve questions and secure reinsurer agreement and payment of claims and account balances.
Work with Market Fiduciary to assist with collection of funds.
Provide detailed information on accounting/claims process for Request For Proposal (RFP) and sales opportunities.
Manage settlement of funds to and from Client in a timely manner in order to ensure all applicable contractual payment terms; warranties and/or conditions are met.
Utilise Key Performance Indicators (KPIs) and other system tools to manage all brokerage receivables, funding, retention, e-trading, post booking receipt, ad hoc reporting requests, payment of funds and all management and transactional process steps to provide services in an efficient, effective and regulatory compliant manner.
Lead and/or participate in training sessions for CSS Colleagues.
Coordinate and attend reinsurance audit/reviews with client and reinsurer. Review open claims and/or premium activity, reconcile records, and facilitate review/audit.
Collaborate with peers on complex or contentious reinsurance developments. Support and provide training, mentoring and guidance within the team and/or department for all aspects of reinsurance service processing.
Knowledge of Reinsurance concepts and principles, laws and regulatory requirements (i.e., FCA) and general business trends.
Track record of successful Client account management, relationship management, engagement and development.
Proficiency in Microsoft Office Applications (Word, Excel, PowerPoint) required.
Strong verbal and writing skills for complex communications (presentations, negotiations, etc.) with clients, markets and GC colleagues at all levels.
Demonstrated ability to work as part of a high performance team. Attention to detail in completing assigned tasks.
Positive attitude, willingness to offer and execute ideas and solutions to enhance processes within a changing environment.
Successful management of workload; able to manage expectations of all Clients and Stakeholders.
Able to challenge appropriately, supporting business cases with facts and information.
Understanding of project management methodology, stakeholder management, and risk mitigation.
Able to engage, influence and negotiate with clients, markets and Colleagues in a professional manner.
Consistently deliver superior client service.
Demonstrated in depth technical knowledge of the reinsurance industry is essential.
London Market experience.
Consistently provide guidance by mentoring and/or training colleagues.
Company:
Guy CarpenterDescription:
We are looking to hire an experienced Senior Technician to join our team at Guy Carpenter.
Would you like to work in Reinsurance Broking? Do you have an interest in managing Clients from Lloyds Syndicates? Would you like to mentor staff members within the team and expand your London market experience? If the answer is yes, this is a great opportunity to advance your career within the company.
We offer flexible working patterns and job share opportunities, should you want to return to work on a part-time or flexible basis. The role is also hybrid with two days in the office.
What can you expect:
What you will be rewarded with?
We will rely on you to :
What you need to have:
What makes you stand out:
About us:
Guy Carpenter & Company, LLC is a leading global risk and reinsurance specialist with more than 3,100 professionals in over 60 offices around the world. Guy Carpenter delivers a powerful combination of broking expertise, trusted strategic advisory services and industry-leading analytics to help clients adapt to emerging opportunities and achieve profitable growth. Guy Carpenter is a business of Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people. The company’s 85,000 colleagues advise clients in over 130 countries. With annualized revenue of over $20 billion, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading companies including Marsh, Mercer and Oliver Wyman. For more information, visit www.guycarp.com and follow Guy Carpenter on LinkedIn and Twitter @GuyCarpenter
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 colour, 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 TAUK@mmc.com
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 based teams will identify at least one “anchor day” per week on which their full team will be together in person. 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.
#hybrid #flexibleworking #reinsurance
About the company
Marsh & McLennan Companies, Inc. is a global professional services firm, headquartered in New York City with businesses in insurance brokerage, risk management, reinsurance services, talent management, investment advisory, and management consulting.