Direct Line Group Careers
Assistant Reinsurance Manager (12 Month FTC)
This job is now closed
Job Description
- Req#: R-15673
- Take responsibility for producing data and information for renewal submissions, internal management, and contract performance monitoring.
- Oversee and assist with claim notifications and recoveries, working collaboratively with various teams.
- Act as a primary point of contact for reinsurance queries, managing special acceptances and arranging facultative reinsurance as needed to meet our business objectives.
- Ensure that the Reinsurance team complies with the Reinsurance Minimum Standard, addressing any deficiencies promptly.
- Be accountable for documenting processes, controls, and contracts related to reinsurance.
- Stay up to date with reinsurance market developments and develop an in-depth understanding of DLG's reinsurance arrangements, particularly the NIG-RSA quota share.
9% employer contributed pension
50% off home, motor and pet insurance plus free travel insurance and Green Flag breakdown cover
Eligible for annual bonus of up to 10%
EV car scheme allows all colleagues to lease a brand new electric or plug-in hybrid car in a tax efficient way.
Generous annual leave.
Buy as you earn share scheme
Employee discounts and cashback
Plus many more
Why Join Us:
At Direct Line Group, insurance is just the start. Combining decades of industry experience with talented people in every field from data, technology, customer care and auto repair, to HR, finance and procurement , we’re a customer-obsessed market powerhouse. And we all work together to be brilliant for customers, every single day.We recognise the pivotal role of reinsurance in maintaining financial stability. As an Assistant Reinsurance Manager, you will work alongside our Reinsurance and Credit Manager to manage reinsurance contracts, broker relationships to facilitate a smooth implementation of the the sale of our brokered commercial business to RSA Insurance.
This is a Fixed Term Contract for 12 months.
Join us and become an essential part of our operations in managing our key risks and strategic initiative.
The Role:
In the heart of Capital Management, we're dedicated to the careful management of reinsurance. As our Assistant Reinsurance Manager, you'll play a key role in providing data and information to reinsurers, overseeing claims notifications and recoveries, and acting as a point of contact for reinsurance queries.
Key Accountabilities:
What we’re looking for:
You’ll need to be experienced in the field of reinsurance, from understanding reinsurance structures and key terms through to practical management of contracts.
You’ll need to have knowledge and understanding of reinsurance accounting, risk management concepts and be able to , demonstrate thoroughness and organisational skills.
Join us in the world of reinsurance, where every detail counts, and become an integral part of our team. If you have the skills we are looking for and are passionate about risk management, we’d love you to apply.
Ways of Working
Our mixed model way of working offers a 'best of both worlds' approach combining the best parts of home and office-working, offering flexibility for everyone. You'll spend some of your time working from our new London Riverbank House office, and the rest of your time based at home.
Read our flexible working approach here.
Benefits
We recognise we wouldn't be where we are today without our colleagues, that's why we offer excellent benefits designed to suit your lifestyle:
Being yourself
Direct Line Group is an equal opportunity employer, and we think diversity of background and thinking is a big strength in our people. We're delighted to feature as one of the UK's Top 50 Inclusive Employers and are committed to making our business an inclusive place to work, where everyone can be themselves and succeed in their careers.
We know you're more than a CV, and the things that make you, you, are what bring potential to our business. We recognise and embrace people that work in different ways so if you need any adjustments to our recruitment process, please speak to the recruitment team who will be happy to support you.
Let’s realise your potential
Collectively we help every business within our group aim higher. Standing shoulder to-shoulder to stand out in the market, we want to be an insurance company of the future. And with so many areas to choose from, your ambitions are welcome here. See your opportunity to start a career that’s varied, distinct and exciting. Visit directlinegroupcareers.com
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