Senior Reinsurance Technician

Join RSA and make a difference every day.
Whether you are just beginning your career or looking to take the next progressive step in your journey, RSA Insurance is an organization where you can be yourself, learn and develop and a place where your ideas and contributions matter.
With offices in Belfast, Galway, and Dublin, we have embraced hybrid work empowering our people to work flexibly and to suit their individual needs, which enables them to deliver great service to the customers we look after every day.
Our Dublin office is also home to our sister-company 123.ie.
At RSA and 123.ie we empower our customers to make a difference in their lives.
And the same goes for our employees.
We are proud to have 32 different nationalities represented in our workforce.
Our diverse customer base benefits from the diverse perspectives of our teams that serve them, solving complex problems with creative ideas.
As proud member of the Intact family, we're part of something bigger with a presence in North America, the UK, and Europe.
Our business has grown organically and through acquisitions to over $21 billion of total annual premiums.
We want you to thrive and grow with us – and we'll give you all the tools, flexibility and learning opportunities you need to do it.
And, if you bring your best, then we promise to give you, our best.
Culture and Community RSA is a purpose-driven business – our purpose is to 'help people, businesses, and society prosper in good times, and be resilient in bad times'.
We do that by living our values – Integrity, Respect, Customer-driven, Excellence, and Generosity – in everything that we do.
We provide an open and honest workplace – where everybody contributes, and every view is listened-to and respected.
Generosity is in our DNA and is the value that guides and enables our people to help others, protect the environment and make our communities more resilient.
It drives our efforts to care for people and to give our time, financial resources and talent.
We're also committed to helping society adapt to a changing climate taking reasonable care to ensure that our business activities are conducted in an environmentally sustainable manner.
Our stats don't lie… in our annual engagement survey 87% of our people celebrate the diversity in their teams and the wider company 90% of our people feel safe to speak up and share if they've made a mistake 91% of our people feel valued and respected by leadership 89% of our people are benefiting and thriving through our hybrid working model Senior Reinsurance Technician The Role involves supporting the Reinsurance Manager in leading the purchase and management of Treaty reinsurance arrangements for RSAII DAC.
Time will be spent engaging closely with the leadership of the relevant businesses, Group Reinsurance and with the external marketplace to maintain alignment between the business requirement and the reinsurance capacity and Treaty arrangements required to support it; while also ensuring adherence to agreed risk appetites/strategies and compliance with Regulatory requirements.
It involves working directly with reinsurers and brokers negotiating commercially beneficial contractual arrangements and developing best practice standards.
It will mean using technical and analytical skills to manage and control local reinsurance risks and claims in line with group policy and regulatory requirements and will add value through the ability to support and deliver competitive advantage from reinsurance arrangements.
You will use your relationship skills to effectively build and enhance the RSAII reinsurance programme.
Key Responsibilities: Play a leading part in the development of the Local Reinsurance strategy and policy in general and with particular reference to the needs of relevant business units Engaging with local technical and business leaders in order to assist the Reinsurance Manager to develop Reinsurance Plans that reflect mutual understanding of the business requirements for reinsurance and the business implications/opportunities of new or proposed reinsurance arrangements.
Work across all aspects of the local reinsurance placement process, including reinsurer review, data compilation and validation for the submission, submission review, follow-up for additional information and securing and obtaining execution of all necessary contract documents.
Take part in the negotiations with relevant Reinsurers and/or brokers for allocated Reinsurance purchasing activities, working closely with Group Reinsurance team and Group Portfolio Purchasing Managers to establish appropriate arrangements on good commercial terms in line with the agreed strategy and policy Draft and present, in the absence of the Reinsurance Manager, executive reporting reinsurance summaries and other internal communications.
Developing, maintaining and leveraging good relationships with relevant Reinsurers and brokers in order to provide optimum business benefit e.g., in the form of: Innovative, commercial reinsurance arrangements.
Input to new product/portfolio development.
Sharing of expert knowledge and information.
Work with Claims to handle significant and complex reinsurance claims, liaising with Reinsurers, ensuring timely and effective resolution.
Monitoring reinsurance finance reporting, planning and credit risk.
Take local and Group technical referrals with respect to Reinsurance aspects, as necessary.
Ensure effective oversight and control of reinsurance risks in line with agreed policy, risk appetite, commercial goals and the Group Reinsurance License, reporting and making recommendations as appropriate.
Leading and/or contributing to strategic projects and change programmes as and when necessary.
Attributes and Qualifications 5 years + experience of working in reinsurance either at a broker, reinsurer or a primary carrier Comfortable working with data and generating management information reports Experience in negotiating reinsurance arrangements Ability to work to tight deadlines with a commitment to delivering quality results.
Ability to drive change and initiate/execute process improvements Experience and understanding of the Irish Property & Casualty insurance market Ability to manage multiple projects and assignments in a fast-paced, results-driven environment Highly effective communication skills, both written and verbal Strong ability to communicate technical topics in an easy-to-understand manner Well-organized and detail-oriented work ethic Relevant 3rd level qualification (desirable) CIP, ACII or equivalent insurance qualification (essential) Regulatory Requirements: This role is a "controlled function" as defined by the Central Bank Reform Act 2010 Regulations 2011.
Any appointment will be conditional on the company being satisfied that you meet the requirements as set out in the Fitness & Probity standards issued in this Act.
RSA Insurance Ireland DAC and its affiliate companies consider applicants on the basis of qualifications and without regard to race, colour, religion, sex, national origin, age, marital or veteran status, sexual orientation, disability or any other legally protected status.