Role Summary
The Senior Reinsurance Data & Counterpart Analyst is an excellent opportunity for a data-focused reinsurance practitioner to work in an oversight capacity within the Outwards Reinsurance Team, taking ownership of reinsurer counterparty management, Reinsurance Data, and management information. The Senior Reinsurance Data & Counterpart Analyst will need to quickly learn and take responsibility for reinsurer data and counterparty management, while also sharing responsibility for the oversight and management of Syndicate reinsurances.
Key Accountabilities
- Work with the Head of Reinsurance to review and monitor syndicates' reinsurance strategy and purchasing plans and oversee the management of the reinsurance asset.
- Work with the Head of Reinsurance to oversee contract and counterparty management and ensure this is effective.
- Work with the Senior Reinsurance Manager to enhance processes to improve data collection mechanisms, data quality, reporting and monitoring of reinsurance MI.
- Enhance reinsurance reports and analysis for key stakeholders (Exec, Syndicate Boards, RISC, governance committees).
- Work in conjunction with syndicates and the Risk Team to monitor and report against reinsurer quality and concentration risk appetites.
Experience & Knowledge
- Experience working in an outwards reinsurance discipline, ideally in the Lloyd's / London market.
- Experienced in analysing and manipulating Reinsurance Data to increase understanding, mitigate risk, and support oversight.
- Understand the impact of reinsurance to underwriting, profit and capital and the associated risks.
- Understand counterparty management and the associated risks.
Benefits
- Competitive salary *available on request*
- 26 days annual leave + bank holidays
- 10% Pension Contribution
- x10 salary Life Assurance
- Private Medical Insurance
- Discretionary Bonus Scheme
- Rail Season Ticket Loan
- Dental Cover
- Sports Club Membership
- Maternity and Paternity Pay
- Eye Tests