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About the Role

Support the design, placement, and administration of ceded reinsurance programmes. Work closely with Placement Officers and cross-functional teams to optimize portfolios, manage risk, and ensure successful reinsurance renewals. This role is ideal for someone with strong analytical skills, attention to detail, and the ability to manage large datasets, seeking to develop expertise in the reinsurance market.

Responsibilities

• Support the design, placement, and administration of ceded reinsurance programmes.
• Collaborate with Placement Officers and cross-functional teams including Underwriting, Actuarial, Claims, Analytics, Legal, Operations, Brokers, and Reinsurers.
• Contribute to portfolio optimisation, risk management, and successful reinsurance renewals.
• Manipulate and interpret large datasets to produce meaningful insights and recommendations.
• Prepare submission packs, renewal documentation, and management information (MI).
• Maintain reinsurance data and systems of record.
• Engage with brokers, underwriters, and cross-functional teams.
• Participate in process improvement initiatives, automation, or technology-driven projects.

Requirements

• Approximately 3 years of experience within reinsurance, insurance, or the London Market, ideally with exposure to ceded reinsurance.
• Strong analytical skills with the ability to manipulate and interpret large datasets.
• Good quantitative and qualitative analysis skills with excellent attention to detail.
• Strong Microsoft Excel skills.
• An interest in developing a strong understanding of the reinsurance market, including contract wordings, market trends, and placement processes.
• Excellent verbal and written communication skills.
• Ability to build effective relationships across a range of internal and external stakeholders.
• Strong organisational skills with the ability to manage multiple priorities and meet deadlines in a fast-paced environment.
• A collaborative team player who is proactive and willing to share knowledge.
• Good negotiation and stakeholder management skills.
• High level of accuracy, professionalism, and personal accountability.
• Experience working within the London Market or a specialty insurance environment.
• Exposure to ceded reinsurance placements, treaty or facultative reinsurance.
• Familiarity with reinsurance concepts, contract structures, and policy wordings.
• Experience preparing submission packs, renewal documentation and management information (MI).
• Experience maintaining reinsurance data and systems of record.
• Experience working with brokers, underwriters and cross-functional teams including Actuarial, Claims, Operations or Analytics.
• Exposure to process improvement initiatives, automation or technology-driven projects.
• Intermediate to advanced Microsoft Excel skills, including PivotTables, Power Query and data analysis.
• Must be eligible to work in the United Kingdom.

Skills

• Analytical skills
• Data manipulation
• Data interpretation
• Quantitative analysis
• Qualitative analysis
• Attention to detail
• Microsoft Excel
• Data analysis
• Reporting tools
• Reinsurance market understanding
• Verbal communication
• Written communication
• Relationship building
• Organisational skills
• Time management
• Negotiation skills
• Stakeholder management
• Collaboration
• Process improvement
• Power BI
• Tableau

Location

• London, United Kingdom

Work Type

• Permanent
• Hybrid

Experience Level

• 3 years

Education Level

• Progress towards a relevant insurance or risk management qualification is desirable.

Salary/Compensations

• Competitive salary with a generous bonus

Benefits

• Private healthcare
• Critical illness life assurance at 4 x your annual salary
• Income protection insurance
• Rewarding pension
• Cash back cards
• Discounts, promotions, and offers from top retailers
• Cycle Scheme
• Professional and personal development opportunities
• Online courses, seminars, and workshops
• Employee Stock Purchase Plan (ESPP)

About the Company

• EXL is a global data and artificial intelligence (AI) company that offers services and solutions to reinvent client business models, drive better outcomes, and unlock growth with speed.
• EXL harnesses the power of data, AI, and deep industry knowledge to transform businesses, including the world’s leading corporations in industries including insurance, healthcare, banking and financial services, media, and retail.
• EXL was founded in 1999 with the core values of innovation, collaboration, excellence, integrity, and respect.
• Headquartered in New York with more than 60,000 employees spanning six continents.

Equal Opportunity

• As an Equal Opportunity Employer, EXL is committed to diversity. Our company does not discriminate based on race, religion, colour, national origin, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, age, or disability status.