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Senior Technician - London, United Kingdom - XL CATLIN
Description
Job Description - Senior Reinsurance Technician (24 month FTC DSenior Reinsurance Technician (24 month FTC) (
Job Number:
Ceded Reinsurance – Senior Reinsurance Technician
Ceded Reinsurance is a strategic function within AXA XL in charge of defining and implementing the reinsurance strategy as well as administrating all reinsurance treaties through their lifecycle.
Ceded Re is part of the AXA XL Risk Management function, the AXA XL Chief Risk Officer being member of AXA XL Leadership team.
Technical Operations, Technical Accounting, Data & Operations Reporting and Central Operations. Administering Global Specialty & Property Treaty including claims for identification and application of Ceded Reinsurance.The individual will be required to administer Marine, Property and other Specialty lines of business claims, to include but not limited to the following classes.
Marine WarInland Marine
Recreational Marine
Equine
Monitor inward claim movements to identify and apply where ceded recoveries can be made. Perform sign off on material collections and advice issued based off audit thresholds.
Manage control framework for Ceded claims key controls.
Partner with our intermediaries to manage claims queries and sanction related issues.
Provide review and sign-off of new policy set up by ESS Shared Services in core systems.
Will work closely with our Ceded Claims team to support commutation requests and manage complex claims.
Providing supporting narrative and reports for ceded claims, assisting with aged debt and collateral requests.
Ceded Re Operations team oversees accurate records of ceded reinsurance transactions (Treaties, Facs and Captives) across AXA XL BUs (UK & Lloyds, Americas, APAC & Europe) and is accountable and responsible for Treaties (excl.
40K claims movements reviewed per month (Genius).Large loss reporting to senior management for Ceded input
Working closely with our Shared services India team including monitoring, review and training on claims matters
Claim management with brokers & reinsurers for any queries arising
Legal – liaise with Legal for matters arising from claim and with regard to Sanctions
Claims adjusters – build relationships with internal claims adjusters.
Senior claims management – exposure to senior claims management on large loss reporting.
Finance & Actuarial – communication know any claims adjustments post close for accrual consideration.
Ceded claims group – liaison on large claim matters
Experience with multiple lines of business in claims environment in previous Insurance roles.
Advanced command of MS office and in particular advanced Excel skills and potential Access.
Coaching and capability-building, conscientious about quality and accuracy of work provided
Experience working with a virtual team
Able to work to tight deadlines to correctly reflect in financials for close
Comfortable in giving training to team where required.
Ability to travel to other AXA XL offices for meeting and training colleagues.
AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks.
By combining a comprehensive and efficient capital platform, data-driven insights, leading technology, and the best talent in an agile and inclusive workspace, empowered to deliver top client service across all our lines of business − property, casualty, professional, financial lines and specialty.
With an innovative and flexible approach to risk solutions, we partner with those who move the world forward.AXA XL is committed to equal employment opportunity and will consider applicants regardless of gender, sexual orientation, age, ethnicity and origins, marital status, religion, disability, or any other protected characteristic.
It's about helping one another — and our business — to move forward and succeed.Five Business Resource Groups focused on gender, LGBTQ+, ethnicity and origins, disability and inclusion with 20 Chapters around the globe
Robust support for Flexible Working Arrangements
Enhanced family friendly leave benefits
Named to the Diversity Best Practices Index
Signatory to the UK Women in Finance Charter
In an ever-changing world, AXA XL protects what matters most for our clients and communities. Resilient ecosystems - the foundation of a sustainable planet and society – are essential to our future.
We're building a net zero strategy, developing insurance products and services, and mobilizing to advance thought leadership and investment in societal-led solutions.
IntegratingESG:
All companies have a role to play in building a more resilient future. We're training our colleagues, engaging our external partners, and evolving our sustainability governance and reporting.
AXA Hearts in Action :
We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as AXA XL's "Hearts in Action" programs.
AXA XL is an Equal Opportunity Employer.GB London 20 Gracechurch Street 20 Gracechurch Street London London EC3V 0BG Job Field
Job Field
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Full-time Job Type
Standard AXA XL is an Equal Opportunity Employer and does not discriminate against any colleague or applicant for employment on the basis of race, color, national origin, religion, sex, gender identity and/or expression, sexual orientation, age, disability, genetic information, veteran status, military status or any other category protected by local law.
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