Reinsurance Technician Jobs In Dubai | Lockton


Reinsurance Technician Jobs In Dubai | Lockton

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At Lockton, we’re passionate about helping our people achieve their ultimate potential. Our people are curious, action-oriented, and always striving to make ourselves and those around us better. We’re active listeners working to ensure understanding and problem solvers developing innovative solutions. If you can see yourself delivering excellent service to clients, giving back to our communities and being a part of our caring culture, you belong here.

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  • Process proportional and XOL treaty accounts and premium adjustments in accordance with the slip conditions and company procedures.
  • Maintain reconciliations of technical accounts and monitor/review technical position of treaty accounts and premium adjustments.
  • Review & check accuracy of closings/documents of rendered accounts, cash calls, premium and loss reserve deposits.
  • Process proportional cash calls and XOL claims/reinstatements from first advice and settlement in accordance with the slip conditions, also administer claim until closed.
  • Produce and analyze premium, brokerage, claims, renewal and other statistics as may be required by the brokers.
  • Inform Line Manager and brokers of potential technical/financial problematical issues that may arise.

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  • Bachelor’s degree, with at least 3-5 years of working experience in Treaty Reinsurance (both Proportional and XOL), preferably having knowledge and exposure of international reinsurance and Lloyd’s market.
  • Proficient in both Proportional and XOL processing, including ECF and IMR submission (Bureau processing)
  • Willingness and ability to continue to develop knowledge of products, procedures and systems and related issues through formal and informal learning, both internal and external to the company.
  • Thorough knowledge of the computer desktop software provided by Lockton.
  • Working knowledge of Microsoft products (Word, Excel, Outlook) or similar software applications.

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Beware of fraudsters

Recognize Common Scams

  1. Phishing Emails: Fraudsters often send emails that appear to be from legitimate companies, asking for personal information.
  2. Phone Scams: Scammers may call pretending to be from a government agency or well-known company, demanding money or personal details.
  3. Online Shopping Scams: Beware of deals that seem too good to be true on unfamiliar websites.
  4. Investment Scams: Offers of high returns with little risk are often fraudulent.

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Protect Your Information

  1. Do Not Share Personal Information: Never give out personal, financial, or login information over the phone or online unless you are sure of the recipient’s identity.
  2. Use Strong Passwords: Create complex passwords and update them regularly. Avoid using the same password for multiple sites.
  3. Enable Two-Factor Authentication: Adds an extra layer of security to your accounts.

Verify Authenticity

  1. Check Email Addresses and URLs: Fraudulent emails and websites often have slight discrepancies from the real ones.
  2. Research Before You Buy: Look up reviews and ratings of websites or sellers before making a purchase.
  3. Contact Companies Directly: If you receive an unexpected communication, use the contact information on the company’s official website to verify its authenticity.

Stay Informed

  1. Be Wary of Unsolicited Offers: If something seems out of the blue, it’s worth questioning its legitimacy.
  2. Educate Yourself: Stay updated on the latest scams by following news and alerts from consumer protection agencies.

What to Do If You’re Targeted

  1. Report It: Contact local authorities or consumer protection agencies to report the fraud attempt.
  2. Monitor Your Accounts: Keep an eye on your bank and credit card statements for any unauthorized transactions.
  3. Change Your Passwords: If you suspect your information has been compromised, update your passwords immediately.


  • Federal Trade Commission (FTC): Offers resources and a reporting mechanism for scams.
  • Better Business Bureau (BBB): Provides business ratings and scam tracker.
  • Consumer Financial Protection Bureau (CFPB): Protects consumers from financial fraud.

By staying vigilant and following these precautions, you can significantly reduce your risk of falling victim to fraudsters.

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