A leading Lloyd's Syndicate have an opening for a Senior Ceded Re Specialist, on a six month fixed term contract basis. The purpose of this role is to support Ceded Re team, in the administration of various Ceded Re activities, focusing more directly on pre-bind purchase activities. This is a key role within Ceded Reinsurance and requires a collaborative, team-oriented approach. In addition to day-to-day operational activities, you will also be actively working across various tactical and strategic projects to increase efficiency and quality of ceded reinsurance processes.
Duties and Responsibilities
Administration of pre-bind ceded reinsurance activities, including submission packs, security compliance and operational feasibility.
Liaise, rinse and cleanse underwriting data from underwriting systems to meet submission and system automation requirements.
Liaise and co-ordinate broker communications and messaging both on the placement and operations side of the business.
Understand, Implement and manage updates to various Ceded Re policies and procedures
Manage Ceded Re Collateral reporting and adequacy. Development of collateral process in new Ceded Reinsurance application.
Maintain and enhance ceded reinsurance metrics and dashboard.
Participate in various cross functional projects and initiatives, as required.
Assist in the co-ordination and facilitation of reinsurer audits
Preparation and regular update of Group and Entity Programme schematics.
US and UK MGA ceded data preparation
Strategic ceded relationship management
Structuring and supporting regulatory reporting
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