Pro Rata Reinsurance Technician
National African-American Insurance Association (NAAIA), Chicago, IL, United States
Pro Rata Reinsurance Technician
We are seeking a talented individual to join our Client Services Support team at Guy Carpenter. This role will be based in Witham and is a hybrid role that requires working at least three days a week in the office.
As a Pro Rata Technician, you will support our client base through transactional processing, securing reinsurance recoveries through timely and accurate system entry.
Whether you have a curiosity for reinsurance or are looking for a change in career, this is an ideal place to learn new skills and progress. We have a number of opportunities on a permanent basis.
Although reinsurance experience would be advantageous, we consider candidates with proven insurance premium/claims or underwriting backgrounds who can demonstrate a desire to embark on a career in reinsurance.
Key Responsibilities
Manage an assigned client portfolio, taking full responsibility of technical duties relating to client accounts.
Work with Market Fiduciary to assist with collection of funds.
Manage all Pro Rata post, brokerage receivables, funding, retention, e‑trading, ad hoc reporting requests, and all transactional process steps, including renewals.
Promote, build and maintain relationships with brokers, clients and markets.
Participate in training sessions and provide input within the team and/or department for all aspects of reinsurance service processing to assist with troubleshooting.
Required Qualifications
Insurance/reinsurance premium/claims experience, e.g., handling cash loss/large loss and a desire to move into the reinsurance sector.
Competent Excel skills and proficiency in Microsoft Office Applications.
Willingness to learn and develop knowledge of technical account structure.
Successful management of workload with an ability to manage expectations.
Desirable (What makes you stand out)
Reinsurance claims experience.
Experience within Pro Rata.
Experience of working in a technical capacity for a broker.
Experience of using London Market systems such as LORS and the IMR (Insurance Market Repository).
Knowledge of the CLASS system useful for reviewing London market queries.
Knowledge of Letters of Credit and the Citibank process.
Benefits
Professional development opportunities, interesting work and supportive leaders.
A vibrant and inclusive culture that fosters collaboration and impact for colleagues, clients and communities.
A range of career opportunities and benefits to enhance well‑being.
EEO Statement
Marsh is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age, background, civil partnership status, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law. We are an equal opportunities employer. We are committed to providing reasonable adjustments in accordance with applicable law to any candidate with a disability to allow them to fully participate in the recruitment process. If you have a disability that may require reasonable adjustments, please contact us at reasonableaccommodations@mmc.com.
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We are seeking a talented individual to join our Client Services Support team at Guy Carpenter. This role will be based in Witham and is a hybrid role that requires working at least three days a week in the office.
As a Pro Rata Technician, you will support our client base through transactional processing, securing reinsurance recoveries through timely and accurate system entry.
Whether you have a curiosity for reinsurance or are looking for a change in career, this is an ideal place to learn new skills and progress. We have a number of opportunities on a permanent basis.
Although reinsurance experience would be advantageous, we consider candidates with proven insurance premium/claims or underwriting backgrounds who can demonstrate a desire to embark on a career in reinsurance.
Key Responsibilities
Manage an assigned client portfolio, taking full responsibility of technical duties relating to client accounts.
Work with Market Fiduciary to assist with collection of funds.
Manage all Pro Rata post, brokerage receivables, funding, retention, e‑trading, ad hoc reporting requests, and all transactional process steps, including renewals.
Promote, build and maintain relationships with brokers, clients and markets.
Participate in training sessions and provide input within the team and/or department for all aspects of reinsurance service processing to assist with troubleshooting.
Required Qualifications
Insurance/reinsurance premium/claims experience, e.g., handling cash loss/large loss and a desire to move into the reinsurance sector.
Competent Excel skills and proficiency in Microsoft Office Applications.
Willingness to learn and develop knowledge of technical account structure.
Successful management of workload with an ability to manage expectations.
Desirable (What makes you stand out)
Reinsurance claims experience.
Experience within Pro Rata.
Experience of working in a technical capacity for a broker.
Experience of using London Market systems such as LORS and the IMR (Insurance Market Repository).
Knowledge of the CLASS system useful for reviewing London market queries.
Knowledge of Letters of Credit and the Citibank process.
Benefits
Professional development opportunities, interesting work and supportive leaders.
A vibrant and inclusive culture that fosters collaboration and impact for colleagues, clients and communities.
A range of career opportunities and benefits to enhance well‑being.
EEO Statement
Marsh is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age, background, civil partnership status, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law. We are an equal opportunities employer. We are committed to providing reasonable adjustments in accordance with applicable law to any candidate with a disability to allow them to fully participate in the recruitment process. If you have a disability that may require reasonable adjustments, please contact us at reasonableaccommodations@mmc.com.
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