Senior XOL Technician, Witham
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Witham, United Kingdom
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Posted: less than a week ago
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We are seeking an experienced Senior XOL Technician to join our Client Services Support team at Guy Carpenter in Witham. The role is hybrid and requires working at least three days a week in the office.
In this role you will support our client base through transactional processing, securing reinsurance recoveries through timely and accurate system entry and managing a client portfolio of premiums and claims.
Responsibilities- Manage an assigned client portfolio, taking full responsibility of technical duties relating to client accounts, premiums and claims
- Work with Market Fiduciary to assist with collection of funds
- Manage all XOL post, brokerage receivables, funding, retention, e‑trading, ad hoc reporting requests, and all transactional process steps
- Promote, build and maintain relationships with Brokers, Clients and Markets
- Participate in training sessions and provide input within the team and/or department for all aspects of reinsurance service processing to assist with troubleshooting
- Demonstrable experience within Excess of Loss (XOL) – essential
- Insurance/Reinsurance Premium/Claims experience, e.g. handling cash loss/large loss, and a desire to move into the Reinsurance sector
- Competent Excel skills and proficiency in Microsoft Office Applications
- Willingness to learn and develop knowledge of technical account structure
- Successful management of workload and ability to manage expectations
- Reinsurance Claims experience
- Experience working in a technical capacity for a Broker
- Experience using London Market systems such as LORS and the IMR (Insurance Market Repository)
- Knowledge of CLASS system useful for review of London market queries
- Knowledge of Letters Of Credit and the Citibank process
- Professional development opportunities, interesting work and supportive leaders
- Vibrant and inclusive culture with opportunities to create new solutions and make an impact
- Range of career opportunities and benefits designed to enhance well‑being
Guy Carpenter is a business of Marsh, a global leader in risk, reinsurance and capital. We are an equal opportunities employer. Marsh is committed to providing reasonable adjustments in accordance with applicable law to candidates with a disability.
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Company nameGuy Carpenter
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Job positionSenior XOL Technician
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