The Role
JOB DESCRIPTION
Delivers new and renewal reinsurance programmes, from treaty administration, premium and claims handling, to credit control.
Responsibilities
- Supports the reinsurance team in the provision of an excellent service to reinsurers and provision of accurate information submitted in line with contractual deadlines.
- Migrates and translates reinsurance data into the Canopius operating model and provision of internal reporting for accounting and valuation purposes.
- Leads in onboarding reinsurance contracts into the relevant Canopius operating model.
- Proposes and implements improvements and efficiencies in Canopius’ reinsurance processes.
- Supports the process to ensure that appropriate oversight processes are in place for the effective operation of reinsurance treaties.
- Manages the relationship with reinsurance counterparties, maintaining an excellent standard of service including ensuring that contractual deadlines are met.
- Monitors the administration of reinsurance treaties (both longevity and other forms) covering periodical reporting (quarterly or monthly), data verification, and other associated data /calculation work.
- Manages the purchasing and marketing of reinsurances (including liaising and negotiating with brokers and reinsurers).
- Supports with analyses to assess the effectiveness and value for money of reinsurance proposals.
- Supports the reinsurance team in the provision of an excellent service to reinsurers and provision of accurate information submitted in line with contractual deadlines.
- Proposes and implements improvements and efficiencies in Canopius’ reinsurance processes.
- Supports the process to ensure that appropriate oversight processes are in place for the effective operation of reinsurance treaties.
Required Skills
- Reinsurance Strategy
- (Re)Insurance Pricing
- Business Loss Prevention
- Commercial Negotiation
- Due Diligence
- Risk Management
- Pricing Structures
- Competitive Intelligence
- Presentation Skills
- Stakeholder Engagement
- Case Management
- Documentation & Records Management
- Process Automation & Standardisation
- Data, Risk & Predictive Analytics
- Contract Management
Our Benefits
ABOUT US
We offer all employees a comprehensive benefits package that focuses on their whole wellbeing. This includes hybrid working, a competitive base salary, non-contributory pension, discretionary bonus, insurances including health (family) and dental cover, and many other benefits to enhance financial, physical, social and psychological health.
About Canopius
Canopius is a global specialty lines (re)insurer. We are one of the leading insurers in the Lloyd’s of London insurance market with offices in the UK, US, Singapore, Australia and Bermuda.
At Canopius we foster a distinctive, positive culture which enables us to bring our whole selves to work to flourish as people, and build a business which delivers profitable, sustainable results.
Based in incredible new offices in the heart of the City of London, Canopius operates a flexible, hybrid working model and is committed to providing an environment that challenges employees to be their best and where everyone's unique contributions are recognised, valued and respected.
We are fully committed to equal employment opportunities for all applicants and providing employees with a work environment free of discrimination and harassment. All employment decisions are made regardless of age, sex, gender identity, ethnicity, disability, sexual orientation, socio-economic background, religion or beliefs, marital or caring status, or any other status protected by the laws or regulations in the locations where we operate. We encourage and welcome applicants from all diverse backgrounds.
We make reasonable adjustments throughout the recruitment process and during employment. Please let us know if you require any information in an alternate format or any other reasonable adjustments.
