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About the Role
The Assistant Vice President, Transaction Operations will report directly to the Vice President, Transaction Operations within Artex Capital Solutions and will have responsibility for onboarding and day-to-day operational aspects of a large, sophisticated reinsurance portfolio. The role encompasses all aspects of transaction onboarding, reinsurance contract administration, management of Funds at Lloyd’s/collateral, investor and management reporting and project management.
Responsibilities
- Supervise, oversee, and train direct reports in providing onboarding and day-to-day operational aspects for reinsurance portfolios.
- Establish, maintain, and enhance investor, reinsurance trustee, and broker relationships.
- Improve the structure and quality of reporting to investors and Artex leadership by providing accurate and timely information.
- Ensure prompt drafting, review, execution, and recording of reinsurance, trust, and shareholder agreements.
- Liaise with internal and external stakeholders, including Artex Financial Reporting, Business Development, Compliance teams, brokers, and investors.
- Document, maintain, and support the ongoing refreshment of Underwriting Guidelines, Processes and Procedures.
- Review reinsurance agreement language in line with regulatory requirements and oversee trust opening, collateral investment, maintenance, reporting, and account closing processes.
- Ensure trust/custody account withdrawal/top-up processes are executed promptly and payments are made smoothly and timely.
- Participate in Business Transformation projects.
- Provide high-quality client service by promptly identifying, escalating, and resolving issues.
Requirements
- A minimum of 5 years’ experience in the Re/Insurance industry, preferably Lloyd’s market.
- Experience in onboarding, operations, capital management, underwriting, broking, collateral management/treasury, or technical accounting.
- Experience in Lloyd’s market capital administration.
- Excellent, professional written and verbal communications skills in a client service environment.
- Strong organizational skills and attention to detail.
- Ability to produce accurate and complete work to meet tight deadlines.
- Enthusiastic and strongly motivated self-starter.
- Ability to work independently and collaborate with colleagues within and across departments.
- Proficient in Microsoft Office Suite.
- Working knowledge of reporting tools such as Power BI or Business Objects is beneficial.
- Prior experience with onboarding, underwriting or policy management systems would be beneficial.
Skills
- Re/Insurance industry experience
- Lloyd’s market experience
- Onboarding
- Operations
- Capital management
- Underwriting
- Broking
- Collateral management/treasury
- Technical accounting
- Lloyd’s market capital administration
- Client service
- Organizational skills
- Attention to detail
- Microsoft Office Suite
- Power BI
- Business Objects
- Onboarding systems
- Underwriting systems
- Policy management systems
Location
- London
Work Type
- Full-time
Experience Level
- Assistant Vice President
Education Level
- University degree
- Reinsurance designation (CPCU, ARe, ACII or other equivalent)
- STEP qualification (TEP designation)
Benefits
- Competitive compensation
- Comprehensive benefits programs designed to support your well-being
- Career development opportunities and ongoing learning
- A collaborative, people-first culture with accessible leadership
- The opportunity to do meaningful work with global reach and local impact
About the Company
- At Artex, we reimagine what risk management can be and we do it with bold thinking, deep expertise, and an unwavering belief in what’s possible.
- As part of our global team, you’ll help clients navigate complex risks through creative, forward-looking solutions that go beyond the expected.
- This is a place where innovation is encouraged, ideas are welcomed, and no two days look the same.
- We’re a community of confidently curious problem-solvers, opportunity seizers, and collaborative thinkers, working together to challenge convention and shape the future of our industry.
- Here, you’ll be supported to explore your potential, grow your expertise, and make a meaningful impact on a global scale.
- At Gallagher, we believe supporting our colleagues goes far beyond the role itself.
- At Gallagher, we are dedicated to building an inclusive and authentic workplace.
Equal Opportunity
- Gallagher is an affirmative action/equal opportunity employer (Minorities/Females/Veterans/Disabled)
- We will also offer reasonable adjustments to the recruitment process if required, so please let us know.
- Although this role is listed as full-time, if you’re in a job-share partnership, work reduced hours, or have any other flexible arrangement, please still get in touch.