About the Role: The purpose of this role is to oversee and manage and help set up Synpulse’s new Centre of Excellence’s Reinsurance Operations Team which we are building to support a UK based specialist (Re) Insurance cl…
About the Role: This role is within Synpulse’s Centre of Excellence and is part of a new Reinsurance Operations Team supporting a UK-based specialist (Re) Insurance client company. This role involves assisting with analy…
Skills: Reinsurance accounting, Financial processes, Data analysis, Credit control, Reporting
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Associate Partner – (Re)insurance Head of Data & AI
London, England, United Kingdom · Hybrid
Senior+
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Full-time
bachelor degree
Insurance career development, Flexible work hours, Learning opportunities, Inclusive and collaborative work culture
Posted 16h ago
~40 hrs/week
Responsibilities
The role involves overseeing the Reinsurance Operations Team to provide comprehensive analysis, reporting, and control for a UK-based insurance client. Responsibilities include managing reinsurance contract entries, quarterly risk reviews, and driving process improvements while mentoring team members.
Requirements
Candidates must hold a Finance or Economics degree and possess at least 5 years of relevant experience in the insurance or reinsurance industry. Strong technical knowledge of reinsurance processes and experience in team supervision are essential requirements.
Full job description
About the Role:
The purpose of this role is to oversee and manage and help set up Synpulse’s new Centre of Excellence’s Reinsurance Operations Team which we are building to support a UK based specialist (Re) Insurance client company. The role is required to provide comprehensive review, analysis, reporting and control to support the client’s business in all reinsurance aspects.
Required Skills:
Detail oriented
Proven ability toprioritizeand organizeworkloadeffectively and work with speed and accuracy
Outcome focused,self-motivatedand able to meet deadlines
A strong working knowledge of reinsurance including underwriting, claims, accounting, finance and associated processes, controls and systems (relevant experience in a Reinsurer/Broker would be a plus)
Ability to work flexibly to complete duties of the role, particularly during peak periods
Working knowledge of relevant trends and information within the insurance industry
Technical and/or analytic expertise that can be adapted to current technologies
Experience supporting work allocation and working to SLAs/ deadlines
Excellent communication and interpersonal skills, with the ability to build strong relationships with clients, partners and internal teams
Knowledgeof London market reinsurance administrationis a plus - ideallywith a detailed understanding of all types of reinsurance
Provide trainingand mentoring to team-members to supportlearning and development
Process transformation and control improvement experience is a plus
Qualifications and Experience
Finance or Economics degree(progress towards an accountancy or audit professional qualification is considered a plus)
5+ years of relevant experience in an insurance/reinsurance company
Experience in ceded reinsuranceis desired but not essential
English language proficiency (C1 or above)
Experiencesupervisingand developingothers
Key Responsibilities:
Responsibility for theaccuracy ofthe client’sreinsurance contract entryandquarterly internal risk reviews.
Ownership ofthe production and review of the quarterly ultimate reinsurance recoveries for theclient.
Sign off responsibility for theaccuracy ofkey outputs prior to distribution to the widerclientbusiness.
Representthe client’sCeded Reinsurancefunctionat group peer review and claims committeeincluding ownership ofqueriesraised by internal stakeholders where appropriate.
Work in collaboration withclient stakeholders from thefinance, actuarial & ceded RIfunctionsto investigate/ resolvevariances
Represent theclient’sCeded Reinsurancefunction on current and future client projects.
Supportclient administration managers on complex reinsurance issues as required.
Provide ad-hocassistanceto theclient’sAdministrationManagers,includingclearing any other peer review backlog that may exist.
Assurenew reinsurancecommitmentsarealigned with the client’soperating model.
Providetechnical support and consultation to theclient’sCeded Reinsurance system transformationprogramme.
Active involvement inongoingdevelopment of theclient’s reinsurance administration procedures and systems.
Provide any other technical support necessary to assist theclientOperations Manager with the successful delivery of the Ceded Reinsurance strategy.
Lead monthly internal team credit control meetings, determine actions required for older unsettled accounts.
Provide technical support tointernaland external auditprocessesas required.
Improve and review thequality, accuracy and timeliness of the controls in place to support close processes.
Drive improvements in efficiency and control leading to increased accuracy more timely processing.
Management ofcirca3CededReinsuranceTecnicians(initially)with the possibility for future team expansion.
Drive team growth throughdevelopment,coachingand mentoring of team members.
Insurance Career Development Flexible Work hours Learning Opportunities Inclusive and collaborative work culture
We turn our clients’ strategy into value-creating reality. With expertise.
Industry
Business Consulting and Services
Company size
1,001-5,000 employees
Founded
1996
Headquarters
Zurich
LinkedIn followers
69,126
Synpulse is an international management consulting and technology company, and valued partner of many of the world’s largest financial services providers.
Offices: Thurgauerstrasse 32, Zurich, 8050, CH · 80 Amoy Street, Level 3, Singapore, 069899, SG · 75 Broad St, New York, 10004, US · 39 Wellington Street, Room 2001-2, 20/F, Lucky Building, Central, Hong Kong -, HK · 34-37 Liverpool Street, London , EC2M 7PP, GB
Tailor-made Core Banking PackagesPremium PricingRisk OptimizationIndustrialization & SourcingRevenue-based Sales ControllingSustainable Process ManagementHealth Value ChainLean Client Relationship ManagementIntegrated ComplianceInsurance
We turn our clients’ strategy into value-creating reality. With expertise.
Industry
Business Consulting and Services
Company size
1,001-5,000 employees
Founded
1996
Headquarters
Zurich
LinkedIn followers
69,126
Synpulse is an international management consulting and technology company, and valued partner of many of the world’s largest financial services providers.
Offices: Thurgauerstrasse 32, Zurich, 8050, CH · 80 Amoy Street, Level 3, Singapore, 069899, SG · 75 Broad St, New York, 10004, US · 39 Wellington Street, Room 2001-2, 20/F, Lucky Building, Central, Hong Kong -, HK · 34-37 Liverpool Street, London , EC2M 7PP, GB
Tailor-made Core Banking PackagesPremium PricingRisk OptimizationIndustrialization & SourcingRevenue-based Sales ControllingSustainable Process ManagementHealth Value ChainLean Client Relationship ManagementIntegrated ComplianceInsurance