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Senior Reinsurance Claims Analyst

Claims Recruitment Services
Posted 4 days ago, valid for 4 days
Location

London, Greater London EC1R 0WX

Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • The position is for a Senior Reinsurance Claims Analyst based in London, with a negotiable salary and excellent benefits.
  • The role involves managing large and complex reinsurance claims and catastrophe events, reporting directly to the Head of Reinsurance Claims.
  • Candidates should have extensive technical claims expertise, particularly with Reinsurance Treaty Excess of Loss claims, and experience handling US Property Catastrophe business is essential.
  • Leadership experience is required, as the role involves overseeing junior staff and collaborating with Underwriters and Actuaries on claims estimates.
  • Ideal candidates will have a strong background in managing claims and fostering relationships with the Reinsurance Underwriting team, with a focus on delivering accurate and timely case reserves.

Senior Reinsurance Claims Analyst

London

Negotiable Salary + Excellent Benefits

We are currently recruiting for a Senior Reinsurance Claims Analyst on behalf of our client, a very highly regarded and well respected Lloyd's Syndicate.

Reporting to the Head of Reinsurance Claims, the role will focus on the handling and oversight of large Reinsurance claims and CAT events.

This is a fantastic opportunity to join a highly successful and growing insurer.

Key Responsibilities

  • Handling and reviewing large and complex technical Reinsurance claims, with oversight for accurate and timely case reserves and payments.
  • Managing internal claim ultimate estimates for certain large CAT events, collaborating with the Head of Reinsurance Claims, and providing recommendations to Actuaries and the senior management team.
  • Holding a high level of authority for Reinsurance claims and overseeing areas where delegation of reserving, payment and settlement authority has been given to more junior internal staff.
  • Contributing and participating in internal and external meetings, including deputising in the absence of the Head of Reinsurance Claims.
  • Working closely with the Claims Operations team on managing forward thinking claims MI data.
  • Creating and nurturing collaborative relationships with the Reinsurance Underwriting team.

Key Requirements

  • Extensive technical claims expertise and demonstrable working knowledge of the most significant and complex Reinsurance Treaty Excess of Loss claims, ideally gained from working for a Lead Reinsurer.
  • Experience of handling US Property Catastrophe business is essential.
  • Strong experience of managing internal claims ultimate estimates on catastrophe events and large losses, working on this process with Underwriters and Actuaries.
  • Good experience of handling all aspects of pro-rata treaties.
  • Leadership experience. Comfortable leading from the front and leading by example with the internal claims team, in the market and externally with brokers and clients.

Keywords: Senior Reinsurance Claims Analyst; Senior Claims Analyst; Reinsurance Claims; Treaty; Excess of Loss; US Property; Catastrophic Claims; CAT Claims

We do not retain any personal information without your permission. Please refer to our data protection policy on our official website for more information - www.claimsrecruitment.co.uk

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In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.