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Job Description
Ceded Reinsurance (Analyst)
Department: Analytics - Ceded Re
Employment Type: Permanent - Full Time
Location: London, UK
Description
The Ceded Reinsurance team places reinsurance on behalf of Convex Group. We are looking for an individual in an Analyst-type role to join the team, led by Rishi Aggarwal. You will be expected to support reinsurance placements while collaborating closely with the Ceded Re Placement Officers and other internal and external stakeholders, such as Underwriters, Operations and Brokers. This role requires the ability to work in a team-oriented environment, well-rounded interpersonal skills, and the ability to manipulate large sets of data.
Some of the key tasks may include:
- Assist the Ceded Re team with the design and execution of ceded reinsurance programmes, ensuring that they align to the Convex portfolio optimisation and risk management strategy.
- Attend reinsurer meetings and develop relationships with Brokers and Reinsurers, constantly seeking to deepen your understanding of the market and its trends and developments.
- Collaborate closely with internal stakeholders such as Underwriting, Actuarial, Claims, Analytics, Legal, Operations.
- Collaborate with the Ceded Re Operations team to ensure smooth and accurate data capture.
- Support the design and implementation of various Ceded Re related tools and projects.
- Prepare submission data packs and post-renewal management information.
- Maintain the system of record and flow of information into internal systems.
Skills Knowledge and Expertise
- Around 2 years of experience in a role involving handling data within the insurance market.
- A well-articulated and evident interest in developing a deep insight into the ceded reinsurance market including understanding of contract wordings and market trends.
- Ability to manipulate large sets of data to generate insights and recommendations
- Robust quantitative and qualitative analysis skills.
- Excellent networking and influencing skills with an ability to build meaningful relationships internally and externally.
- Effective communication skills both verbally and written at all levels of seniority
- A keen team player, open to sharing knowledge and looking for ways to improve
- Good negotiation skills.
- Hard working with attention to detail.
Benefits
- Competitive Salary
- 30 days Annual Leave
- Birthday Leave
- 10% Employer Pension Contribution
- Private Health Insurance Medical Cover
- Group Income Protection
- Life Assurance Cover
- Enhanced Parental Leave
- Annual Health Check
- 3 days of Volunteer Leave each year
- £1,300 to spend on learning & wellbeing
- Give as You Earn
- Cycle to Work
- Season Ticket Loan