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Reinsurance Underwriting and Claims Manager

Job LocationLondon
EducationNot Mentioned
SalaryCompetitive salary
IndustryNot Mentioned
Functional AreaNot Mentioned
Job TypePermanent , full-time

Job Description

Reinsurance Underwriting & Claims Manager - London Market InsuranceLocation: LondonSummary of the role:

  • Annually reviews of current reinsurance program structures and provides any insight which might help the team for alternatives and recommends changes.
  • Participate in reinsurance renewal strategy to ensure Operations performance targets are achieved.
  • Provides leadership, guidance and direction to enhance productivity and performance outcomes of offshore team.
  • Co-ordinating the operations of the Underwriting and Claims.
  • Provides strategic and operational support to the business team.
  • Notification & communication with Cedant /Brokers to under relevant reinsurance contracts and providing all relevant information.
As part of your duties, you will be responsible for:
  • Coordinate the operations of Reinsurance Underwriting & Claims.
  • Ensures underwriting /Claims practices comply with established guidelines and procedures.
  • Annually reviews of current reinsurance program structures and provides any insight which might help foralternatives and recommends changes.
  • Participate in reinsurance renewal strategy to ensure operations performance targets are achieved.
  • Provides training and education on reinsurance and underwriting matters.
  • Ensures the team meets performance standards and complies with established guidelines and procedures.
  • Ensures the quality of services by proactive monitoring of practices and by conducting monthly review process.
  • Contributes to continuous improvement and innovation in all activities, including opportunities to harness technology to optimise productivity/Quality.
  • Ensures underwriting /Claims practices comply with established guidelines and procedures.
  • Develops and implements plans for the formal identification, development, sharing and securing of knowledge to contribute to succession planning processes.
  • Works with client to keep the Offshore Operation team informed about Reinsurance industry trends and practices.
  • Effective Handling of reinsurance claims process from first notification to recovery in an efficient manner, including suggestion on technical points.
Qualifications and experience we consider to be essential for the role:
  • Reinsurance Underwriting and Claims exposure.
  • Degree in either Business Management, Corporate Finance or Insurance Law.
Skills and Personal attributes we would like to have:
  • Proven experience and proficiency in reinsurance underwriting and claims processes.
  • In-depth knowledge of reinsurance program structures, industry best practices, and emerging trends.
  • Demonstrated ability to provide effective leadership, guidance, and direction to enhance the productivity and performance of offshore teams.
  • Strategic and operational support to the business team in aligning underwriting and claims practices with organizational goals.
  • Collaborative approach in working with clients to stay informed about reinsurance industry trends and practices.
  • Contribution to continuous improvement and innovation, exploring opportunities to leverage technology for optimizing productivity and quality.

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