Reinsurance Specialist

  • Job ref:


  • Location:

    City of London, London

  • Sector:

    Professional Services

  • Job type:


  • Salary:

    £55000 - £65000 per annum + medicals, life insurance, bonus

  • Contact:

    Lada Madlova

  • Email:

  • Published:

    4 months ago

  • Duration:

    12 months min.

  • Start date:


Reinsurance Specialist
FTC, Full-time, 12 months min., this could become a permanent position for the right candidate
Central London
WFH/WFO - 1-2 days in the office preferably but flexible
Paying up to £65, 000 p.a.
25 days A/L, Private Medicals, life Insurance, Group Income Protection, company bonus scheme and more.

The Role

The role reports into the Director Operations, Inforce Management, who leads PL Re Europe Operations within the IFM team. Within Operations there is a separate Longevity and Protection team.

The Operations team is responsible for data management, accounts processing and managing internal as well as external client relationship. Additionally, there are exciting challenges ahead with the introduction of a new project involving back-office unification and standardization. There are opportunities for global exposure and a chance to work with other business units across various locations.

The role is varied and dynamic, and there are several different projects and ad-hoc pieces of work you may be involved with, for example:

o Responsible for all Europe Operations MI reporting - Design and develop MI for reporting teams' performance and account processing statuses, various Op's initiatives including implementation, plus any ad hoc reports required

o Responsible for managing quality and audits - Responsible for planning & delivery of the Operation's client audit programme & Co-ordinate the external audit on behalf of Europe Operations

o Responsible continuous improvement initiatives, change management and control - Lead the Operations CI initiatives by driving forward an innovative and change mindset on the team, collaborate with various stakeholders to improve system /processes, & manage SOP documentation and training materials for Europe Operations

o Responsible for managing Internal and External stakeholders - Develop effective working relationships with colleagues across the organisation to ensure both client and internal customer needs are met, maintain a thorough understanding of assigned client portfolio and update management reports and escalate any potential reporting issues as and when necessary

o Responsible for management of team's overall performance (If managing a team) - Guide the team with the setting of performance objectives and provide necessary support to the team in achieving them and Regular monitoring of performance and providing constructive performance feedback

The client are looking for a candidate with a strong technical background who can quickly learn new skills, but who will also challenge and improve the existing processes.

The team works closely together and with other teams in the Europe Business Unit including Finance, Actuarial functions, Pricing and Marketing. Teamwork. A collaborative and proactive attitude is therefore a must for the role.

Essential Qualifications & Expertise

o A sound knowledge of Insurance/Reinsurance or any other financial institutions administration practices and principles
o Aptitude for managing data and analysis with advanced Excel skills.
o Knowledge of basic coding or interested in learning the skill.
o Strong analytical skills and problem-solving abilities

Desirable Experience

o Good report writing and verbal communications skills
o Competent user of Microsoft Excel
o Experience in working on SAP or another operations platform.
o Curiosity and critical thinking of issues with solution-oriented mindset.
o Strong interpersonal skills and team player.

Please apply for more information!

The JM Group is operating and advertising as an Employment Agency for permanent positions and as an Employment Business for interim / contract / temporary positions. The JM Group is an Equal Opportunities employer and we encourage applicants from all backgrounds.