Reinsurance Associate

Time left to apply: End Date: January 5, 2025 (14 days left to apply) Job Requisition ID: R4039 Lloyd’s is the world’s leading insurance and reinsurance marketplace. We share the collective intelligence and risk-sharing expertise of the market’s brightest minds, working together for a braver world. Our role is to inspire courage, so tomorrow’s progress isn’t limited by today’s risks. Our shared values: we are brave; we are stronger together; we do the right thing; guide what we do and how we act. If you share our values and our passion to build a future that’s more sustainable, resilient, and inclusive, you’ll find a home at Lloyd’s – build a braver future with us. Interested in Reinsurance? Eager to learn about how syndicates set their reinsurance strategies, mitigate the risks, and manage the operational considerations associated with their reinsurance protections? Enjoy quantitative analysis as well as working with people from different teams and business areas? Then this could be for you. This newly created position supports a highly experienced team of Reinsurance technical oversight managers who evaluate and impact the management of reinsurance across the Lloyd’s market to drive best practice and high performance. You will get the opportunity to: Support the technical validation, evaluation, and analysis of syndicate-level outwards reinsurance information. Support specific Outwards Reinsurance discussions and reviews with managing agents regarding the technical assessment of RI arrangements & management effectiveness. Evaluate and present data and records to support reinsurance oversight under Lloyd’s Principles Based Oversight framework. Support the evaluation of the Outwards Reinsurance elements of Syndicate Business Forecasts and Syndicate Capital Requirements. Support the handling of technical referrals relating to the suitability of reinsurance arrangements and counterparties. Assist the team with research, trend analysis, and validation of team reports and presentations relating to reinsurance. Engage with colleagues and external stakeholders on reinsurance matters. Support the technical evaluation of reinsurance counterparties. Provide technical input to the enhancement of the data and risk analysis reporting and evaluation tools used within the team. Where applicable, proactively contribute to wider Lloyd’s projects and business objectives. The uniqueness of this role is the exposure to the market’s many different models for structuring and applying reinsurance; there is so much to learn and the scope to evolve and grow in this position. Preference will be given to candidates that already have some experience/knowledge in a Reinsurance-related position. Diversity and inclusion are a focus for us – Lloyd’s aims to build a diverse, inclusive environment that reflects the global markets we work in. One where everyone is treated with dignity and respect to achieve their full potential. In practice, this means we are positive and inclusive about making workplace adjustments. We offer regular health and wellbeing programmes, diversity and inclusion training, employee networks, mentoring and volunteering opportunities, as well as investment into your professional development. We understand that our work/life balance is important to us all and that a hybrid of working from the office and home can offer a great level of flexibility. Flexible working forms part of a total reward approach which offers a host of other benefits over and above the standard offering (generous pension, healthcare, wellbeing, etc.). These include financial support for training, education & development, a benefit allowance (to spend on our flexible benefits such as gym membership, dental insurance, extra holiday, or to partake in our cycle to work scheme), employee recognition scheme, and various employee discount schemes. By choosing Lloyd's, you'll be part of a team that brings together the best minds in the industry, and together with our underwriters and brokers, we create innovative, responsive solutions allowing us to share risk and solve complex problems. Should you require any additional support with your application, or any adjustments, please click the following link; Please note, clicking on this link does not register your application for the vacancy. #J-18808-Ljbffr