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Job description

Job Description:
Outwards Reinsurance Technician

Colchester based with homeworking (2 - 3 days per week)

Are you a team player? At Hiscox we all pull together to meet challenging deadlines across a diverse range of tasks to produce excellent results. We are hardworking, detail orientated and we thrive under pressure.

As a Reinsurance Technician you will work as part of a friendly and welcoming team, working on Outwards Reinsurance processes/recoveries/accruals for the Hiscox group. We are based in Colchester and we liaise with Reinsurance Purchase, Underwriters, MI, Claims and other internal teams, along with external brokers.

The work we do is very diverse as we deal with Reinsurance across the whole Hiscox Group. Our goal is to continue to meet all Quarter End deadlines and collect Reinsurance Recoveries as soon as possible. We aim to keep everyone happy, as well as ourselves!

Principal Duties and Responsibilities

  • Group RI calculations - facultative, excess of loss and Pro Rata
  • Advice / collecting notes sent to Brokers
  • Cover note processing and premium payment
  • Calculation of premium adjustments
  • Reporting - internal and external
  • Assist with system developments

Person Specification:
  • At least 3 years experience in Outwards Reinsurance is a must, performing the principal duties above.
  • Ability to manage own workloads.
  • Team player
  • Good proportional knowledge
Nice to have

  • ACII qualifications.
  • Experience of dealing with all types of Reinsurance.

Diversity and flexible working at Hiscox At Hiscox we care about our people. We hire the best people for the job and we're committed to diversity and creating a truly inclusive culture, which we believe drives success. We also understand that working life doesn't always have to be 'nine to five' and we support flexible working wherever we can. No promises, but please chat to our resourcing team about the flexibility we could offer for this role.

If you would like to know more about the role, or you are having any difficulties with the application process please send your CV and the four-digit job ref number to
[email protected]
Job Sector
Job Position
Broker Technician
Colchester, UK Show on map
Post date
Closing date

How would you fit?

Learn more about Hiscox

Be unique. Be authentic. However you prefer to say it, we really mean it. Our culture embraces people’s diverse perspectives and creates a positive environment where everyone belongs. We’re determined to build a better, more connected world for everyone.

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