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Marsh & McLennan

Brokers insurance and runs risk and HR consulting

Reinsurance Technical Analyst

Insurance Sales & AgencyConfirmed live in the last 24 hours
Full-timeBogotá, Bogota, ColombiaNo salary listed

About the Job

Requirements

  • Professional education, with relevant experience, in Industrial Engineering, Law, Accounting, Business Administration, or a related field.
  • Three years of experience in technical reinsurance or insurance teams.
  • Solid knowledge of reinsurance, ideally in technical or operational placement and administration processes.
  • Proficiency in Microsoft Office, especially intermediate Excel, including database handling and analysis, pivot tables, and data matching; macros are not required.
  • A strongly numerical and analytical profile focused on detailed document analysis rather than large-scale database management.

Responsibilities

  • Manually analyze multiple information sources to understand reinsurance placement and verify that all documentation needed to enter submitted calculations into the system is available; identify missing documents or information and instruct the commercial team to obtain them.
  • Consolidate, cleanse, and analyze portfolio and exposure information for renewals and new placements.
  • Follow the full documentation cycle, including placement, confirmations, cover notes, wordings and clauses, endorsements, and evidence of acceptance.
  • Prepare and process cover note and endorsement drafts accurately and on time.
  • Validate consistency between terms and conditions, internal approvals, and market offers, including sums, commissions, clauses, territoriality, and effective periods.
  • Record reinsurance placements in the system and maintain up-to-date system records, ensuring traceability and control.
  • Manage and follow up on current and pending documentation, including complex and confidential materials, prioritizing timely closure of outstanding items.
  • Prepare and process invoices and policy-related documentation, quotations and placing slips, and premium calculations and adjustments accurately and on time.
  • Manage technical requests from reinsurers and retrocessionaires, including requests for additional information, clarifications, and wording adjustments, and coordinate with internal and external stakeholders as needed.
  • Apply quality checklists and operational controls, including document completeness, timeliness metrics, and internal audits, and comply with company quality practices, policies, and procedures.
  • Manage and prioritize individual workload to meet SLA, KPI, and quality objectives; work Monday through Friday from 8:00 a.m. to 5:00 p.m., excluding public holidays.
  • Maintain a basic understanding of relevant reinsurance matters and related legislation, including client awareness.
  • Work with company stakeholders to identify continuous-improvement opportunities and propose template standardization, automation, and process improvements.
  • Develop and maintain strong working relationships with internal and external stakeholders, and maintain knowledge of clients’ businesses and insurance needs.

Desired Qualifications

  • Basic or intermediate English, with the ability to write emails and analyze information in English.
  • High attention to detail and a quality focus when handling sensitive or confidential documentation.
  • Ability to identify inconsistencies, missing information, and risks in documentation or terms, and clearly propose corrective actions.
  • Interest in standardizing and improving processes, including templates, automation, and controls.

About the Company

Marsh & McLennan

Brokers insurance and runs risk and HR consulting

Marsh & McLennan Companies, which operates under the Marsh brand, is an insurance broker and consulting group serving businesses, governments and institutions worldwide. Its Marsh Risk unit arranges property, casualty, cyber and employee-benefit coverage, while Guy Carpenter places reinsurance for insurers. Mercer advises employers on pay, benefits, retirement and investments, and Oliver Wyman, Lippincott and NERA handle strategy, brand and economic consulting. Brokers earn commissions and fees from placing coverage, and consultants bill client fees or charge fees based on assets or plan members. The company traces its roots to 1871 and is headquartered in New York City.

Company size
10,001+
Company stage
Not listed
Total funding
Not listed
Headquarters
New York, NY
Founded
1871

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