Reinsurance Technician - London, United Kingdom - Hannover Re

    Hannover Re
    Hannover Re London, United Kingdom

    1 month ago

    Default job background
    Full time
    Description

    We are seeking a Reinsurance Technician to join our Hannover Re UK Branch for a 1 year fixed term contract. Based in the Reinsurance Operations team within the Finance & Operations department, this role will deliver effective client administration and financial close processes. The individual will work closely with the Financial Accounting and Actuarial teams to deliver effective financial reporting and performance management information for our treaties and portfolios.
    The role will be primarily responsible for the administration of reinsurance accounts, policy and claims data processing and analysis, treaty accounting and credit control for a portfolio of treaties. The successful candidate will utilise the treaty data to develop performance insights across the inforce portfolio. The individual will be a key contributor to a successful project portfolio, identifying and delivering operational enhancements as part of a multi-disciplinary team. The role provides an excellent opportunity to develop experience of operations, performance analysis, stakeholder management, and financial responsibilities.

    Your Profile

  • Responsible for the operation of a portfolio of client accounts, ensuring that the client provides high quality data which meets the needs of the Branch.
  • Ensure that policies reinsured by the clients adhere to the agreed treaty terms and conditions and are managed within relevant service standards.
  • Maintain the accuracy and integrity of client technical accounting through the Company's financial reporting system, in line with reporting deadlines.
  • Ensure all claim settlement requests from the portfolio are appropriate, within treaty terms and conditions, and settled within relevant service standards.
  • Design and implement appropriate processes and controls over client accounts to enable the effective management of the business.
  • Develop and maintain strong relationships with clients.
  • Collaborate with the Treaty Accountant and Data Management team to develop high quality analytics and business performance reporting.
  • Provide expert accounting and administration support for the Business Development team.
  • Participate in operational improvement and project activities to enhance the effectiveness of the team.
  • Maintain a current knowledge of relevant reporting and operational requirements.
  • Develop and maintain good relations with colleagues across the Hannover Re Group.
  • Your Tasks

  • Part-qualified accountant preferred.
  • Degree level.
  • Maintenance and execution of operational processes in a financial environment.
  • Technical accounting or reconciliation experience.
  • Prior experience in L&H reinsurance would be preferred.
  • Management of relationships with external parties.
  • Excellent numeracy skills.
  • Excellent communication skills.
  • Inquisitive, analytical mindset and a natural problem solver.
  • Excellent organisational skills with the ability to follow direction and work independently as required.
  • Growth mindset with a focus on continued self-development.
  • Sound understanding of the Microsoft Office suite of products, including Excel.
  • Experience of Power BI an advantage.
  • Delivery and Accountability Results oriented, taking accountability and ownership for deliverables. Ability to work in a fast-paced environment managing multiple deadlines. Ability to make effective decisions quickly. A self-starter who takes the lead in delivering positive outcomes for the Branch.
  • Problem Solving Ability to break down complex issues and identify trends, patterns and interdependencies. Pragmatic approach to assessing risks when developing solutions. Proactively identifies and implements solutions.
  • Team Player Focuses on building and maintaining a positive team culture and developing crossfunctional relationships. Embraces diversity of thought, ideas and skills to engage the team and deliver objectives. Demonstrates flexibility to support others and ensure deadlines are met.
  • Communicating and Influencing Demonstrates capacity to influence decisions and manage relationships with key stakeholders. Adapts communication style depending on audience.
  • Innovation and Continuous Improvement Encourages an environment where concepts and processes are challenged, ensuring a continual focus on process effectiveness and efficiency. Encourages the team to develop and implement new ideas and solutions. Relentless focus on the automation of manual tasks.
  • Developing Capability and Knowledge Sharing Proactively focuses on self-development as well as team and Branch development. Acts as a role model to other members of staff. Willingness to knowledge share and learn using a range of development tools.
  • Customer Focus Places the customer at the heart of what we do. Develops a deep understanding of the customer business in order to implement ideas and demonstrate technical expertise. Ensures that customer feedback is actioned in a timely manner.
  • What We Offer
    Atmosphere: You will find an international working environment with short decision channels, an open feedback culture and a sense of community shaped by mutual esteem and a readiness to help.
    Benefits: Structured onboarding, flexible working hours, benefits superior to those of the collective agreement as well as modern offers for personal development, health management and work-life balance are just some of our benefits.
    Prospects: You contribute your specialist and methodological expertise and we offer you fresh input and the opportunity to further develop your potential – including room to come up with innovative ideas and act on them

    If you too would like the assurance of a different way of working , take your next career step with us. To apply, please send an up-to-date copy of your CV and a cover letter to stating the reference number 1819.

    You can find out more about our working environment, your entry options and development opportunities at