Synpulse
Reinsurance Technician
Skills
Job description
About the Role
This role is within Synpulse’s Centre of Excellence and is part of a new Reinsurance Operations Team supporting a UK-based specialist (Re) Insurance client company. This role involves assisting with analysis, reporting, and controls to ensure effective management of reinsurance activities. It is an excellent opportunity for someone looking to further develop their skills in reinsurance accounting. We are looking for motivated early-career professionals (2–3 years of experience) who are eager to learn, grow, and build a long-term career in reinsurance accounting and operations.
Key Responsibilities
With guidance and support, you will gradually take ownership of key operational processes: Support the administration of ceded reinsurance programs across: Facultative
Proportional treaties
Excess of Loss contracts
Assist in managing thecredit control process, including: Monitoring outstanding premium and claims balances
Communicating with brokers and stakeholders
Supporting reporting on aged debt
Participate in recurring forums such as theCredit Control Committee
Help maintain reinsurance data and systems: Enter contract data (Facultative and XL) into systems
Process and allocate transactions through theLORS platform(Lloyd’s Outward Reinsurance Scheme) Investigate and resolve unmatched or outstanding items
Prepare statements of behalf of Ceded Ri for recurring Committee meetings
Contribute to accounting and reporting activities: Support quarterly and annual processes for proportional treaties
Prepare data and materials for internal committees
Assist with issuing payment instructions and reconciliations
Collaborate across teams: Respond to reinsurer queries
Work with Claims, Finance, and Operations teams
Work with internal controls and audit functions as required
Ensure claim movements are correctly ceded
Support continuous improvement: Help improve data accuracy and controls
Contribute ideas to enhance efficiency and processes
Assist with maintaining procedures and user documentation
Required Skills:
This role is ideal for candidates who are early in their career and motivated to grow: 2–3 years of experiencein insurance/reinsurance or a similar finance role
Bachelor’sdegree in finance,accounting,economics or related field
Basic understanding ofceded reinsurance processes(preferred, not essential)
Strong English skills (C1+)
Your strengths Curious and eager to learn about reinsurance and financial processes
Detail-oriented with strong organisational skills
Comfortable working with data and developing analytical thinkingand technical skills, adapting to current technologies
Good communicator, able to collaborate with different stakeholdersand build relationship with clients, partners, internal teams
Proactive mindset and willingness to take initiative with support
Nice to have
Exposure to theLondon Market
Interest in or progress towardACII or similar qualification
Insurance Career Development
Flexible Work hours
Learning Opportunities
Inclusive and collaborative work culture