Role: Outwards Reinsurance Assistant
Location: London
Position type: Full time, permanent
We have an exciting opportunity within our Outwards Reinsurance Operations team for an Outwards Reinsurance Assistant. This is a key role supporting the end-to-end delivery of reinsurance operations, from managing intercompany processes and account adjustments through to credit control and management reporting. You’ll play a central part in keeping the operational engine of our reinsurance business running smoothly and accurately.
This role offers broad exposure across MS Amlin’s reinsurance activities, working closely with Claims, Finance, Treasury, Underwriting and third-party counterparties such as brokers and lawyers. Whether you’re resolving disputes, overseeing recoveries or contributing to quarterly reporting, you’ll be at the heart of the operation with real scope to develop your expertise in the Lloyd’s Market.
About The Job
Support of Outwards Reinsurance Activities
- Prepare intercompany processes, including calculating premiums due; executing quarterly loss reporting; allocating claims to funds and requesting payment; and producing statements of accounts
- Adjust a portfolio of reinsurance accounts in accordance with agreed authority limits and in line with MS Amlin reinsurance procedures
- Assist on dispute resolution and raise any complex issues with the relevant manager
- Coordinate communications by finalising proposal amounts, and agreeing and receiving settlements due
- Oversee reporting and credit control by identifying and requesting outstanding recoveries; managing queries and writing-off bad debt; and settling outstanding recoveries
- Support with additional activities including ad-hoc project support, XOL Operations and netting down as required
- Oversee and interface between third parties and the business on the key activities across ORI including:
- Placement activities
- Recoveries (non prop and prop)
- Premiums and recoveries (FAC)
- LCP fronting arrangements
- Reporting and credit control
Inter-Business Relationships
- Maintain and develop working relationships across MS Amlin, and be the Reinsurance Operations representative on any internal working group or committee as required
- Work in conjunction with Claims team, Reinsurance Operations team, representatives of the underwriting teams, Finance and Treasury teams to ensure smooth operation of business and effective communication through all areas of the business
- Maintain and develop relationships with key third parties including Brokers, Lawyers, Clients, Xchanging Claims Service, Co-insurers, and external accountants
- Keep up to date with customer requirements, looking to constantly develop management information, streamline processes, and ensure consistency and accuracy in reporting
Management Reporting & Account Management
- Assist in the compilation of management information and production of quarterly and monthly management information packs
- Support the production of monthly/quarterly figures for group accounting purposes
Compliance & Risk Management
- Conduct role in accordance with the Company’s Business Ethics policy and all regulated entities as appropriate
- Assist in the identification of all potential risks (credit, market, operations) related to reinsurance activities and support risk management frameworks
What you’ll need:
Essential Experience & Knowledge
- Possess technical outwards reinsurance knowledge and high levels of computer literacy
- Lloyd’s regulatory reporting knowledge
- Strong understanding of outwards reinsurance systems and procedures
Technical Skills
- Highly proficient in MS Excel and PowerPoint
- Familiarity with Lloyd’s Market systems and reinsurance processing platforms is advantageous
Core Competencies
- Keen learner with very strong analytical skills and sound business acumen
- High degree of attention to detail and accuracy
- Strong problem solver with a focus on continuous improvement
- Sound judgement and decision-making capability
- Excellent communication and collaboration skills to bridge gaps between technical and non-technical stakeholders
- Highly adaptable, proactive, and thrives in dynamic environments to meet evolving business needs effectively
We are stronger together because of our common interests and rich differences. You may be the strength we didn’t know we needed. Believe in yourself, and click apply today!
What Can You Expect From Us?
As well as a competitive base salary and performance related discretionary bonus, here is a link to our employee benefits - Benefits of working at MS Amlin
Hybrid Working
At MS Amlin we operate a hybrid working model to empower our people with flexibility to blend where they work. We value collaboration and believe that we work better together; our teams typically do 3 days a week in the office.
About MS Amlin
MS Amlin is a leading (re)insurer and part of the global MS&AD Group, with operations across Lloyd’s of London, the Middle East, and Asia Pacific. With over 120 years of experience, we support businesses facing complex and demanding risks, providing continuity in an uncertain world. Our expertise covers Property, Casualty, Marine, Crisis Management, Natural Resources and Reinsurance, backed by strong underwriting capabilities and deep sector knowledge. At the core of our claims service is TRUST — Transparency, Responsiveness, Understanding, Solution-driven thinking, and Technical expertise. This defines how we manage claims and build lasting relationships.
We will build a workplace where all talent is welcomed, and everyone has the opportunity to influence how the business works. We have dedicated employee resource groups that support our Diversity, Equity, and Inclusion (DE&I) goals.
