Insurance Jobs in Guernsey

Technical Reinsurance Wordings Specialist

Job Ref: LF 19456

Our client, a leading global provider of risk management, insurance and reinsurance brokerage, as well as human resources solutions and outsourcing services, is seeking to recruit an Technical Reinsurance Wordings Specialist.

Location

Guernsey

Responsibilities

Evaluate complex clauses within proportional and non-proportional treaty and facultative reinsurance policies.
Conduct full policy wording reviews for renewals to ensure compliance with underwriting guidelines.
Review contractual agreements between reinsuring parties including but not limited to reinsurance trust agreements, variable quota share reinsurance agreements and interests and liabilities agreements.
Draft and review contract wordings for a complex retrocession programme as well as mid-term slip and policy endorsements.
Operate in a supporting role for the claims function, specifically as a point of reference for assessing policy coverage and indemnity to ensure all claim payments are justified.
Review retrocession recoveries for excess of loss, proportional and facultative accounts.
Liaise with actuarial advisors to ensure the accuracy of reserving and correct classification of contracts.
Design and production of detailed management information.
Implement a disciplined approach to controls and ensuring full compliance with procedures manuals.
Adopt, operate and maintain a policy administration IT system.

Skills / Qualifications

The ideal candidate will have a minimum of 10 years’ experience within a London market reinsurance broking or underwriting environment, specifically working with quota share and excess of loss treaty and facultative programmes. Applicants will possess strong IT abilities, excellent organisation and time management coupled with exceptional written and verbal communication skills. The successful candidate will demonstrate efficient multi-tasking, a positive and enthusiastic attitude, confidentiality and flexibility. This role will suit a motivated and meticulous proactive team player with excellent interpersonal skills.

How To Apply

For further details please call 711188, or email jobs@leapfrogjobs.com
If you wish to apply for this role, please submit your CV via the Apply Now button below.

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