Trainee Group Reinsurance Technician
Lancashire Insurance Group
Date: 8 hours ago
City: London
Contract type: Full time
Application Deadline: 22 December 2025
Department: Reinsurance
Location: London
Description
The primary purpose of this role is to assist the Reinsurance team on a day to day basis on all Outwards Reinsurance functions and develop outwards Reinsurance knowledge.
Specific Responsibilities
At Lancashire, we believe our culture sets us apart. The way we behave and approach our work day-to-day is what makes us unique and creates a positive experience for our people, business partners and other stakeholders. Honesty and integrity in all we do is a given and The Lancashire Way reflects our true character and spirit.
Straight-talking
We feel empowered to share thoughts and ideas, because everyone’s voice matters.
Collaborative
We work together towards common goals, share knowledge and support each other.
Hard-working
We all have a stake in the company’s success and are proactive in contributing to our goals and vision.
Responsible
We focus on achieving tangible results with consistent standards across the Group.
Positive
We engage with brokers, clients, communities, stakeholders and colleagues professionally and passionately as proud ambassadors of Lancashire.
Department: Reinsurance
Location: London
Description
The primary purpose of this role is to assist the Reinsurance team on a day to day basis on all Outwards Reinsurance functions and develop outwards Reinsurance knowledge.
Specific Responsibilities
- Provide administrative support to the Reinsurance team
- Maintain daily processing including LORS messaging, USM, SCM and exceptions
- Record and monitor reinsurance contracts accurately and in a timely manner
- Calculate and process reinsurance recoverables including liaising with brokers to monitor any overdue recoveries and report on the aged debt
- Process reinsurance premium adjustments, NCBs and PC’s including quota share and XOL as required
- Assist with regulatory reporting, month and quarter end processes
- Manage workflows and priorities and provide clear updates on work progress
- An interest in the London and Lloyd’s Insurance/Outwards Reinsurance Markets
- Excellent communication skills and ability to articulate, report and escalate any issues that may interrupt the regular reinsurance processing
- Good IT literacy and proactive attitude to developing IT skills
- Ability to prioritise work and maintain good relationships internally and externally.
At Lancashire, we believe our culture sets us apart. The way we behave and approach our work day-to-day is what makes us unique and creates a positive experience for our people, business partners and other stakeholders. Honesty and integrity in all we do is a given and The Lancashire Way reflects our true character and spirit.
Straight-talking
We feel empowered to share thoughts and ideas, because everyone’s voice matters.
Collaborative
We work together towards common goals, share knowledge and support each other.
Hard-working
We all have a stake in the company’s success and are proactive in contributing to our goals and vision.
Responsible
We focus on achieving tangible results with consistent standards across the Group.
Positive
We engage with brokers, clients, communities, stakeholders and colleagues professionally and passionately as proud ambassadors of Lancashire.
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