Location: London
Contract: Permanent
Hours: Full time
Purpose
A key management role in shaping the DB Reinsurance Operations area through structuring the services provided and ensuring delivery of DB reinsurance treaty provisions; Supporting and engaging reinsurance providers and broader DB stakeholder to understand needs and future provisions; Supporting the Head of DB Reinsurance Pricing and Operations with strategic development activities undertaken to ensure constant evolution of the DB Solutions area and our growth ambitions. There will be an element of the role that will be continually focused on improving processes and delivering scalable solutions, including embracing new technology.
About Just
We help people achieve a better later life. That’s our purpose and it’s the reason we exist. We are a fast-growing company helping customers enjoy the retirement they deserve. We do this through a variety of market leading, award-winning products and services, delivered by a diverse team of over 1,400 purpose-led colleagues who genuinely put the customer at the heart of everything we do.
This is a brilliant time to join our business. We are on an exciting growth journey to become the UK’s most loved retirement expert.
Key responsibilities
- Manage and lead the DB Reinsurance Operations team
- Responsible for delivery of regular reinsurance reporting, ensuring it is delivered in a timely and accurate manner in accordance with Treaty timeframes
- Monitor compliance with contractual terms across all reinsurance arrangements
- Drive forward transformation and development work to build automated and scalable solutions for Reinsurance Reporting
- Collaborate with reinsurers on cashflow reconciliation activity.
- Ensure reinsurance data is processed, assessed and collated for onward distribution both internally and to our reinsurance counterparties in accordance with contractual timeframes
- Provide operational inputs to new reinsurance contracts and maintain engagement with DB Head of Reinsurance Relationships and Head of DB Reinsurance Pricing and Operations
- Drive continuous improvement in quality of data to all stakeholders ensuring timely delivery and that records are accurately maintained to support Audit requirements
- Act as subject matter expert on Reinsurance Operations, sharing knowledge with relevant teams in DB as necessary
- Establish and manage relationships with the relevant Operations teams at reinsurance counterparties
What we’re looking for
- Deep knowledge of reinsurance concepts, particularly in relation to reinsurance of bulk annuity business
- Strong team manager
- Excellent written and verbal communication skills
- Willingness to embrace change and new ways of working
- Good understanding of DB de-risking administration requirements and how they differ from standard pensions administration
- Training individuals and groups of people
- Ability to manage workloads and prioritise a number of different tasks based on business volumes and priorities
- Clear focus on quality, service and results
- Flexible approach with the ability to work as part of a team in a fast moving environment
- Track record of working in the Reinsurance and Pensions Industry sector
- Previous experience of working for a DB Pensions de-risking company beneficial
Our behaviours
At Just you’ll have the opportunity to develop your career, whilst making a difference to the lives of those around you. You’ll be part of a company with a strong and distinctive culture - we’re ambitious, curious and collaborative – and every decision we make centres around being Just and delivering the best outcomes for our customers.
What’s in it for you
A competitive salary, pension scheme and life assurance
25 days annual leave plus an additional day on us for your birthday
Private medical cover and income protection, just in case
A generous and highly achievable bonus scheme
Opportunities to progress your career in-role and within the company
Free access to the Headspace app, 24/7 employee assistance helpline and trained physical and mental health first aiders
A variety of employee funded benefits available via our online benefits portal
Plus, several additional purchase options available for you and your loved ones
Explore our full range of benefits on our dedicated benefits page.
Belonging at Just
Valuing diversity of thought and fostering a sense of belonging is critical to our business success, driving innovation and balanced decision making. Our work on DEIB (Diversity, Equity, Inclusion and Belonging) aims to deliver a brilliant employee experience underpinned by a sense of belonging, where our people feel proud to work at Just.
We remain committed to our publicly disclosed HM Treasury Women in Finance Charter and Race at Work Charter targets and support a wide range of employee network and events, championing issues including intergenerational working, social mobility and neurodiversity.
Application details
Please submit your CV using the 'apply now’ button. Shortlisted candidates will be contacted regarding next steps which may include an initial phone interview and in-person assessment.
Be Bold. Be Brilliant. Be Just
Just Group Reigate and Banstead, England Office
Enterprise House, Bancroft road, Reigate and Banstead, United Kingdom, RH2 7RP
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