Senior Reinsurance Analyst, Ceded

Posted 20 Days Ago
Be an Early Applicant
London, Greater London, England
Senior level
Insurance
The Role
The Senior Reinsurance Analyst will manage multiple outwards reinsurance placements and collaborate with underwriting leadership to define appropriate reinsurance strategies. This role requires strong communication and leadership skills, a thorough understanding of contract terms, and effective management of the placement timeline and documentation processes.
Summary Generated by Built In

Senior Reinsurance Analyst, Ceded
London - Hybrid
12 Month FTC
The Global Ceded Reinsurance Department is responsible for overseeing reinsurance strategy and placement and performs a critical role in managing and hedging reinsurance risk through the effective use of reinsurance.
We are seeking a Senior Reinsurance Analyst for a fixed term contract position.

What we ask of you:

Take a lead role over multiple outwards reinsurance placements, across multiple product lines and underwriting divisions at Markel.

Work closely with underwriting leadership to understand Markel’s product lines and the appropriate reinsurance strategy considerations for each product line.

Build strong working relationships with our reinsurance brokers, underwriting leadership, and key data owners.

Manage the placement timeline and deliverables to ensure our submission, firm order terms and line signings are completed timely.

Partner with our Ceded Data & Analytics team to ensure reinsurance submission data exhibits are completed timely and accurately.

Develop a thorough understanding of agreed upon contract terms/conditions and contract subjectivities established during the placement process.

Manage the post-placement treaty communication and documentation processes to ensure all new/renewal treaty terms and conditions are communicated to all the appropriate internal parties and/or legal entity boards.

 

What you will bring to the role:

· Understanding of insurance, reinsurance concepts

· Strong project management, organisational, analytical and communication skills

· Ability to problem solve with limited support on ambiguous requests or requirements

· Advanced Microsoft Office skills

· Experience with various reporting and business intelligence tools

Who we are:

Markel Group (NYSE – MKL) a Fortune 500 company with over 60 offices in 20+ countries, is a holding company for insurance, reinsurance, specialist advisory, and investment operations around the world.

We’re all about people | We win together | We strive for better | We enjoy the everyday | We think further

Are you ready to play your part?

Choose ‘Apply Now’ to fill out our short application, so that we can find out more about you.

Markel celebrates the value of a diverse workforce that brings experience and expertise from a wide variety of backgrounds and life circumstances. Whatever your background, if you feel you meet the

#LI-Hybrid #PlayYourPartUK

The Company
HQ: Glen Allen, VA
3,519 Employees
On-site Workplace
Year Founded: 1930

What We Do

At Markel, we believe in hard work, a zealous pursuit of excellence, and fairness in all our dealings.

Markel Corporation (NYSE: MKL) is a global Fortune 500 company headquartered in Richmond, Virginia. We seek to be a leader in each of our pursuits, with insurance being our primary business. As a market leader for specialty insurance, reinsurance, and investment operations around the world, Markel embodies integrity, commitment, teamwork, and innovation in every day operations. We are encouraged to look for a better way to do things. Since our founding in 1930, we have sought to know our customers’ needs and to provide quality products and service.

Markel specializes in providing coverage for hard-to-place risks for a variety of niche markets including:
• Agricultural and equine risks
• Reinsurance for large risk enterprises such as oil rigs
• Event cancellation insurance for weddings, concerts, and sporting events
• Inland marine coverage for fine art collections
• Environmental pollution
• Yachts, ATVs, and motorcycles

At Markel we provide an atmosphere in which people can reach their personal potential. We are results-oriented, and we continually strive for a better way to do things. The Markel approach is one of spontaneity and flexibility.

Markel helps employees balance work and social activities. Markel gives you the keys to success! Keeping an open mind and learning new skills allows our associates to stay ahead of the marketplace. Above all, we enjoy what we are doing. There is excitement here that comes from innovating, creating, striving for a better way, sharing success with others…winning.

That is the Markel Style.

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