Outwards Reinsurance - Junior Buyer

at  MS Amlin

Role: Outwards Reinsurance - Junior Buyer
Location: London - Hybrid
Position type: Full time, permanent
We have an exciting opportunity within our Outwards Reinsurance Placement team to support the delivery of the end to end placement process. This role is key in ensuring the effective delivery of excellent, high quality and valued analytics to assist purchasing decisions and effectively manage risk.
This is a high profile role which provides exposure to the entire suite of RI placement, including Outwards Reinsurance, Underwriting, Claims, Operations, Credit Control, Finance and Actuarial. A key focus of this role will be on the successful delivery of outwards reinsurance analytics for Lead Buyers, Lead Underwriters, MS Amlin Syndicate C Suite and Stakeholders. There will be plenty of opportunity for exposure across multiple classes of business and you’ll find no one day is ever the same!
About The Job

While there is rarely a typical day, here’s a snapshot of some of the key parts of the job:

• Produce Outwards Reinsurance information for business planning and strategic purposes.
• Produce standardised renewal submission information and assist the Lead Buyers with managing the entire placement process through intermediaries and on a direct basis
• Assist in developing alternative forms of risk transfer and support in structuring capital market transactions.
• Assist the Lead Outwards Reinsurance Lead to produce reports and all MI requirements.
• Provide relevant information for the group’s Committees and Board Meetings.
• Provide a central point of contact for all internal and external queries regarding the placement process including but not limited to Underwriters, Processing teams, Reinsurers and Intermediaries.
• Participate in team projects on an ad hoc basis.
• Produce the required documentation for the Lloyd’s Regulatory Returns on a quarterly basis..

What you’ll need:

• Experience in the Insurance sector in any capacity but Underwriting/Catastrophe Modelling/Broking is preferred
• Experience required in mapping, reviewing and data analysis for control, monitoring and decision making purposes.
• Ability to work closely with senior stakeholders as well as third parties to understand and clarify business needs and ensure these are translated into optimum buying solutions.
• Can use Microsoft Power BI and SQL or have an interest in coding SQL/R/Python)
• Ability or organise own time and work towards deadlines
• High level of attention to detail
• Proficiency in Microsoft office (Excel, Powerpoint, Word, Visio)

What you can expect from us:

• Competitive Base Salary
• Performance Related Discretionary Bonus
• Holiday: 28 days core annual leave, and you can buy up to 5 days
• Pension: A minimum 2% employee contribution plus 7% MS Amlin contribution (9%) up to a maximum of 5% employee contribution plus 13% MS Amlin contribution (18%)
• Private Medical: cover for yourself. Family members/dependants can be added.
• Flex Fund: £1,000 (pro-rated based on start date) to spend on flexible benefits.
• Life Assurance: 10 x annualised base salary
• Enhanced Parental Leave (maternity and paternity): 6 months full pay, entitled from day 1.
• Continuous Learning Approach: Including study support with professional qualifications.
• Employer Supported Volunteering: 3 days volunteering leave.
• Annual health screening
• Give as you earn
• Cycle to work
• Season ticket loan
• Green car scheme
• Retail discount platform

About MS Amlin
MS Amlin is a group of leading global (re)insurance companies, and we are part of the global top-10 non-life insurance group MS&AD. We operate through four legal entities operating in the Lloyd’s, Continental European, US and Bermudian global (re)insurance markets.
This role is in our Lloyd’s business
Our Lloyd’s business writes a diverse (re)insurance portfolio and specialises in providing insurance coverage to commercial businesses and offering reinsurance protection to other insurance companies around the world. We operate from our offices in the heart of London’s (re)insurance district and from our market hubs in Asia and the Middle East. We work in partnership with our brokers and clients to provide proactive risk solutions and support across a broad range of trades and industries. We operate through our Lloyd’s Syndicate 2001, and we can trace our roots in the insurance market, back over 100 years.

Please refer the Job description for details