Reinsurance Operations & Technical Services Manager

Overall, the finance function is responsible for the financial planning and reporting of financial transactions of the business, covering both profit centre reporting to the parent company, and local Lloyd's and legal entity regulatory and statutory reporting. The finance function comprises:

1. Financial Reporting - External reporting, regulatory reporting, and financial review of our legal entities and profit centre (month-end reporting) in line with Lloyd's, UK, and US GAAP requirements.
2. Financial Planning and Analysis (FP&A) - Responsible for all planning aspects of the business including Syndicate Business Forecast as well as quarterly GAAP business forecast and internal management information.
3. Operations - Consists of technical and non-technical bookkeeping, source system reconciliations, and other audit and Sox controls, accounts payable, treasury, cash, and tax.
4. Data Analytics - Provides tools and analytic skills to support the wider finance function.
5. Technical Services - Includes the issuance of reinsurance statements, the review and application of Outward Reinsurance system, and Reinsurance Credit Control.
6. Other - Includes projects, oversight of tax matters with the Group Tax Manager, and any other financial matters.

This role sits within the Technical Services function within finance. The role works alongside the rest of the finance team and the Corporate Reinsurance function, and is expected to contribute to any of the responsibilities of the overall finance function as required.

As the Reinsurance Operations and Technical Services Manager, responsibilities include:

• Chasing/collecting slips in a timely manner, storing all documentation centrally, and communicating to Underwriting.
• Ensuring/checking all appropriate notifications are made to the programmes.
• Monitoring and overseeing ceded premium and recoveries.
• Checking and maintaining compliance with local regulations e.g. Lloyd's Reinsurance Principles.
• Reporting and overseeing Pools e.g. terror (Pool Re, TRIA).
• Assisting in Broker Submissions for RI Placement.
• Leading RI Operations Committee and Reporting to UW Committee.
• LORS Message processing and matching.
• Internal Broker for Service company business.
• Liaison with the corporate parent teams and internal IT support teams.
• Communicating regularly with interested committees, reporting on issues and proposed changes related to technical sign-offs or technical controls/processes.

• Proven experience in the reinsurance market, preferably within the Lloyd's environment.
• LLIMIT/ACII highly desirable.
• Good working knowledge of insurance/reinsurance contract types, structures, clauses, and operation.
• Good working knowledge of all Lloyd's Management Information systems.
• Knowledge of Excel (intermediate); Word (intermediate).