Senior Ceded Technician (Reinsurance)

TL;DR

Senior Ceded Technician (Reinsurance): Managing post-placement accounting and settlement activities for proportional and non-proportional reinsurance contracts with an accent on financial integrity and reinsurer relationships. Focus on producing accounting extracts, administering adjustment premiums, and coordinating settlements across multi-entity structures.

Location: Must be based in or able to work from the London, UK or Warren, NJ offices (Hybrid: flexibility to work remotely two days a week)

Company

A global leader in risk management and underwriting with over 50 years of heritage in enabling businesses and economies to flourish.

What you will do

• Manage post-placement activities for proportional and non-proportional reinsurance contracts.
• Produce and validate ceded reinsurance accounting extracts, reports, and reinsurer statements.
• Coordinate the settlement of deposit premiums and administer adjustment premiums and profit commissions.
• Support claims-related activity, including issuing cash calls, loss billings, and calculating reinstatement premiums.
• Reconcile ceded balances, investigate discrepancies, and resolve queries from brokers and reinsurers.
• Ensure compliance with audit, regulatory, and internal control requirements.

Requirements

• Demonstrable experience in reinsurance accounting, operations, or a technical finance role.
• Essential experience working within the Lloyd’s and London Market.
• Familiarity with proportional and non-proportional reinsurance treaty structures.
• Strong numerical accuracy and attention to detail.
• Intermediate to advanced Microsoft Excel skills.

Nice to have

• Experience with XL Pro.
• Experience with LORS.

Culture & Benefits

• Inclusive and authentic workplace culture driven by a unified set of values.
• Hybrid work model allowing for two remote days per week.
• Opportunity to work within a high-performing global team.
• Focus on long-term value creation and professional growth within a recognized organization.