Overview

Senior Pro Rata & Facultative Technician at Marsh McLennan. This role is based in Witham, Essex and is a hybrid role requiring at least three days a week in the office.

The Senior Pro Rata Technician will play a crucial role in managing and calculating pro-rata allocations for various reinsurance contracts. This position ensures accuracy and compliance with industry standards while processing technical transactions in areas such as Excess of Loss (XOL), Pro Rata (Quota Share or Treaty), and Facultative portfolios.

You will be responsible for promoting, building, and maintaining strong relationships with Brokers, Clients, and Markets, while understanding issues, resolving problems and queries, and reviewing working practices to enhance efficiency.

Responsibilities

• Manage service operations and functions within a client support process team, providing direction on internal governance and compliance.
• Support, assist and provide guidance to less experienced colleagues as needed.
• Support Senior Management by contributing to the execution of Global CSS strategic objectives; lead and direct how the collective objectives of CSS in local Region and Globally are delivered.
• Lead training sessions for all CSS colleagues as applicable.
• Contribute to, and where required, lead change efforts, projects, quick wins, promote ideas to improve our provision of service, always question what next, never allows us to stand still.
• Provide service process information for Request for Proposal (RFP) and sales opportunities.
• Lead team meetings and activities to promote the sharing of opinions, ideas, knowledge and solutions; maintain strong working relationships and participate in initiatives and/or contribute where required to deliver outcomes.

What you need to have

• Calculate and allocate pro-rata premiums and claims for reinsurance contracts.
• Knowledge of reinsurance concepts and principles, laws and regulatory requirements (e.g., FCA), and general business trends.
• A track record of successful client account management, relationship management, engagement, and development.
• Strong verbal and written communication skills for complex communications (presentations, negotiations, etc.) with clients, markets, and colleagues at all levels.
• Demonstrated ability to work as part of a high-performance team and attention to detail in completing assigned tasks.
• A positive attitude, willingness to offer and execute ideas and solutions to enhance processes in a changing environment.

What makes you stand out

• A degree in finance, mathematics, actuarial science, or a related field.
• Strong knowledge of reinsurance concepts, including treaty and facultative reinsurance, proportional and non-proportional structures, and claims handling.
• Excellent analytical and problem-solving skills, with the ability to interpret complex reinsurance contracts and resolve discrepancies.
• In-depth technical knowledge of the reinsurance industry.
• Experience in the London Market.
• Consistent provision of guidance through mentoring and/or training colleagues.

Why join our team

• We help you be your best through professional development opportunities, interesting work and supportive leaders.
• We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.
• Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment, and is an equal opportunities employer. We aim to attract and retain the best people and embrace diversity of age, background, disability, ethnicity, gender identity, nationality, and other characteristics protected by applicable law. We are committed to providing reasonable adjustments in accordance with applicable law to any candidate with a disability. If you require reasonable adjustments, please contact us at reasonableaccommodations@mmc.com.

Marsh McLennan is committed to hybrid work, with the flexibility of remote work and in-office collaboration. All colleagues are expected to be in their local office or working onsite with clients at least three days per week, with an anchor day identified by office-based teams.