About the Role
Guy Carpenter, a business of Marsh and a specialist in global risk and reinsurance, is seeking a Pro Rata Technician to join its Client Support Services department. This role is based in Al Olaya, Riyadh, Saudi Arabia. It offers an opportunity for individuals interested in reinsurance or seeking a career change to gain technical experience within a brokerage environment. The Pro Rata Technician will support the client base through transactional processing and assist in securing reinsurance recoveries via accurate system entry. The position involves working with experienced Reinsurance professionals in Saudi Arabia and developing skills within a role that provides end-to-end responsibility for a client portfolio, contributing to a global business focused on risk management solutions.
Career Development
This role provides potential for career progression, including support towards CII qualifications, to facilitate learning and advancement within the industry. The position is part of a dynamic team that fosters an inclusive culture, encouraging collaboration with colleagues to develop impactful solutions for clients.
Key Responsibilities
- Manage an assigned client portfolio, assuming full responsibility for all technical duties related to client accounts.
- Collaborate with Market Fiduciary to support the collection of funds.
- Oversee Pro Rata post, brokerage receivables, funding, retention, e-trading, and ad hoc reporting requests, covering all transactional process steps, including renewals.
- Promote, build, and maintain professional relationships with Brokers, Clients, and Markets.
- Participate in training sessions and contribute input to the team and department for reinsurance service processing to assist with troubleshooting.
Required Qualifications
- Experience in Insurance/Reinsurance Premium/Claims, with specific experience in handling cash loss/large loss scenarios.
- A strong desire to transition into the Reinsurance sector.
- Competence in Excel and proficiency in Microsoft Office Applications.
- A willingness to learn and develop knowledge of technical account structures.
- Proven ability in managing workload effectively and managing expectations.
Desirable Experience
- Experience within Pro Rata operations.
- Experience working in a technical capacity for a Broker.
- Reinsurance Claims experience.
Work Environment and Location
This is a full-time position located in Al Olaya, Riyadh, Saudi Arabia. Guy Carpenter, as part of Marsh, is committed to fostering a diverse, inclusive, and flexible work environment. Marsh supports a hybrid work model, balancing remote flexibility with in-office collaboration, with colleagues expected to be in their local office or working onsite with clients at least three days per week.