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 role 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
Outwards Reinsurance Placement & Analytics
Produce comprehensive Outwards Reinsurance information and analytics for business planning, strategic decision-making and portfolio optimization purposes
Develop and maintain detailed reinsurance programme analytics including exposure analysis, loss scenarios, pricing comparisons and coverage assessments across both proportional (quota share, surplus share) and non-proportional (excess of loss, catastrophe) treaty structures
Produce standardised renewal submission information packages including exposure data, loss experience, underwriting information and risk profiles to assist the Lead Buyers with managing the entire placement process through intermediaries and on a direct basis
Support the evaluation of prospective reinsurance arrangements by analysing portfolio risks, assessing coverage adequacy and reviewing terms and conditions to ensure optimal protection
Assist in the preparation and review of placing slips, contract wordings and reinsurance documentation working with in-house Legal Counsel
Alternative Risk Transfer & Capital Markets Solutions
Contribute to the evaluation of alternative capital solutions by conducting cost-benefit analyses comparing traditional reinsurance with capital markets alternatives
Assist with the documentation and monitoring of ILS transactions, tracking collateral positions and performance metrics
Regulatory Reporting & Management Information
Assist the Lead Outwards Reinsurance team to produce comprehensive reports and all Management Information (MI) requirements including reinsurance programme summaries, security exposures and market relationship updates
Produce the required documentation for the Lloyd's Regulatory Returns on a quarterly basis including the Syndicate Reinsurance Structure (SRS) submissions
Prepare reinsurance-related data for Lloyd's Capital Requirements (LCR) submissions and Solvency II/Solvency UK reporting frameworks
Ensure accuracy and completeness of reinsurance data submissions, maintaining compliance with Lloyd's Market Bulletin requirements and regulatory timelines
Provide relevant information for the group's Committees and Board Meetings including Capital & Risk Committee, Underwriting Committee and Audit Committee presentations
Stakeholder Management & Collaboration
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
Maintain strong working relationships with reinsurance brokers and reinsurers, supporting the Lead Buyers in market engagement and negotiation activities
Liaise with Processing teams to ensure the end-to-end placement to recovery process runs effectively with minimal hand-offs
Provide constant dialogue with portfolio underwriters to understand protection requirements and ensure reinsurance programmes align with underwriting strategies
Monitor reinsurance security exposures and counterparty concentrations, escalating issues and recommending actions as appropriate
Additional Responsibilities
Participate in team projects on an ad hoc basis including process improvement initiatives, system implementations and special analytical requests
Identify events which will have an impact on financial results and escalating them to the Lead Outwards Reinsurance team
Support quarterly account analysis and monitoring of reinsurance programme performance against expectations
Act as liaison for internal and external auditors on matters concerning the placement process and regulatory compliance
What you'll need:
Essential Experience & Knowledge
Experience in the Insurance sector in any capacity but Underwriting/Catastrophe Modelling/Broking is preferred
Solid understanding of reinsurance principles including both proportional and non-proportional structures across Property, Casualty and Specialty classes of business
Experience required in data mapping, reviewing and data analysis for control, monitoring and decision-making purposes
Understanding of the Lloyd's Market structure, regulatory framework and reporting requirements (or willingness to learn)
Technical Skills
Proficiency in Microsoft Office applications with strong Excel skills including advanced formulas, pivot tables, data manipulation and financial modelling
Experience with or ability to use Microsoft Power BI for data visualization and dashboard creation
SQL knowledge or genuine interest in learning coding languages such as SQL, R or Python for data analysis and automation
Familiarity with insurance/reinsurance software systems and catastrophe modelling platforms (e.g., RMS, AIR) is advantageous
Core Competencies
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
Strong analytical mindset with ability to interpret complex data, identify trends and present findings in a clear and actionable manner
Ability to organise own time effectively, manage multiple priorities and work towards tight deadlines during peak renewal periods
High level of attention to detail with commitment to accuracy in all analytical and reporting outputs
Excellent communication skills both written and verbal, with ability to explain technical reinsurance concepts to non-specialist audiences
Proactive approach to problem-solving and continuous improvement
Team player with collaborative working style and willingness to support colleagues across the wider Outwards Reinsurance and Underwriting teams
We are stronger together because of our common interests and rich differences. You may be the strength we didn’t know we needed. Believe in yourself, and click apply today!
At MS Amlin we operate a hybrid working model to empower our people with flexibility to blend where they work. We value collaboration and believe that we work better together, our teams typically do 3 days a week in the office.
About MS Amlin
MS Amlin is a leading (re)insurer and part of the global MS&AD Group, with operations across Lloyd’s of London, the Middle East, and Asia Pacific. With over 120 years of experience, we support businesses facing complex and demanding risks, providing continuity in an uncertain world. Our expertise covers Property, Casualty, Marine, Crisis Management, Natural Resources and Reinsurance, backed by strong underwriting capabilities and deep sector knowledge. At the core of our claims service is TRUST - Transparency, Responsiveness, Understanding, Solution-driven thinking, and Technical expertise. This defines how we manage claims and build lasting relationships.
We will build a workplace where all talent is welcomed, and everyone has the opportunity to influence how the business works. We have dedicated employee resource groups that support our Diversity, Equity, and Inclusion (DE&I) goals.
