Senior Reinsurance Technician

Senior Reinsurance Technician x2

City of London - Hybrid

Lloyd's Broking houses

The full job description covers all associated skills, previous experience, and any qualifications that applicants are expected to have.

I am currently working with 2 different Lloyd's Broking houses, who are both seeking similar experience. The roles sit in their Treaty departments, and will be a point of contact for the teams they support.

Key Responsibilities

• Manage the end-to-end technical processing of treaty business, from placement through to post-bind administration and renewal.
• Prepare, review and process treaty slips, endorsements, contracts, schedules, premiums, claims and related documentation, ensuring accuracy and compliance with agreed terms.
• Liaise closely with brokers, underwriters, clients, producing brokers and internal teams to resolve technical queries and ensure timely processing.
• Maintain accurate and up-to-date treaty records, systems and documentation, ensuring all information is captured in accordance with internal procedures and Lloyd’s requirements.
• Process and reconcile premiums, commissions, brokerage, fees and other financial transactions, investigating and resolving discrepancies where required.
• Support the preparation and processing of premium and claims bordereaux, statements of account and technical accounting information.
• Review treaty documentation against placing instructions and underwriting terms, identifying discrepancies and escalating issues appropriately.
• Coordinate endorsements and amendments throughout the life of the treaty, ensuring changes are accurately reflected across relevant systems and documentation.
• Monitor outstanding technical and accounting items, proactively following up with relevant parties to ensure timely resolution.
• Provide technical support to brokers and account executives during placement, renewal and post-bind processes.
• Work closely with Lloyd’s, carriers, MGAs, reinsurers and third-party service providers where required to facilitate smooth treaty processing.
• Assist with renewals, ensuring prior-year information, contractual changes, documentation and technical data are accurately prepared and processed.
• Ensure all activities are carried out in line with Lloyd’s market practices, regulatory requirements, company procedures and delegated authority controls, where applicable.
• Identify opportunities to improve processes, data quality and operational efficiency, contributing to the development of technical workflows and best practice.
• Support and mentor junior technicians, providing guidance on complex treaty transactions and technical processes.
• Act as a subject-matter expert on treaty technical processing, taking ownership of more complex or high-value accounts. xwzovoh

Experience required:

• Minimum of 3+ years in a technical reinsurance role
• Proficient in Lloyd's systems such as IMR, LORS
• Experience processing Treaty accounts, creating slips and endorsements.