Senior Ceded Technician
About The Position
Play a pivotal role at the heart of complex global reinsurance programmes, gaining exposure across multi-entity structures, diverse treaty types, and high-value transactions within a high-performing London market team. Are you looking to build your career in reinsurance within a collaborative, globally recognised organisation? We’re looking for a detail-driven and proactive Senior Ceded Technician to join our London team. This is an excellent opportunity to take ownership of key post-placement activity, partnering closely with stakeholders across Placement, Claims, Finance, and external reinsurers. The Everest Ceded Reinsurance Operations function manages post-placement activities across all reinsurance programmes, ensuring accurate accounting, settlement, and ongoing contract administration. The team works closely with Placement, Contracts, Finance, and external counterparties to ensure the smooth execution of ceded reinsurance obligations. This role is central to maintaining financial integrity and strong reinsurer relationships. The position can be based in our London or Warren, New Jersey offices, with the flexibility to work remotely two days a week. Role Purpose The Senior Ceded Technician is responsible for delivering post-placement accounting and settlement activities across a range of proportional and non-proportional reinsurance contracts. The role ensures reinsurers are billed accurately and paid on time, while maintaining robust financial records and supporting the ongoing administration of ceded programmes.
Requirements
- Demonstrable experience in reinsurance accounting, operations, or a technical finance role
- Experience working within the Lloyd’s and London Market (essential)
- Familiarity with reinsurance treaty structures, including proportional and non-proportional arrangements
- Understanding of reinsurance settlement processes and lifecycle
- Strong attention to detail and numerical accuracy
- Solid understanding of reinsurance accounting principles
- Ability to manage deadlines and coordinate with multiple counterparties
- Clear and professional communication skills
- Confident working with financial systems and large datasets
- Intermediate to advanced Microsoft Excel skills
Nice To Haves
- Experience with XL Pro (highly desirable)
- LORS experience (desirable)
Responsibilities
- Manage ceded reinsurance post-placement activities across proportional and non-proportional contracts
- Produce and validate ceded reinsurance accounting extracts and reports
- Prepare and issue reinsurer statements, premium remittances, and settlement documentation
- Coordinate the settlement of deposit premiums across multi-entity ceding treaties
- Calculate and administer adjustment premiums and profit commissions
- Support claims-related activity, including issuing cash calls, loss billings, and calculating reinstatement premiums in collaboration with the Global Ceded Claims team
- Manage billing, cash collection, and settlement processes, ensuring timely and accurate execution
- Reconcile ceded balances and investigate discrepancies
- Respond to broker and reinsurer queries related to accounts, billing, and settlements
- Support internal stakeholders with coverage and accounting queries
- Carry out LORS activities on behalf of the Syndicate
- Work closely with Placement and Contracts teams to resolve data, coverage, and wording issues
- Support audit, regulatory, and internal control requirements
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What This Job Offers
Job Type
Full-time
Career Level
Senior
Education Level
No Education Listed
