Our client, a newly formed Lloyd’s Reinsurance Broker is looking for an experienced broker/producer to be part of the UK property treaty reinsurance team. This role will be primarily focussed on UK, along with growing opportunities to contribute in other areas of groups International business. The role will involve working in a client and market facing role within a growing team on reinsurance placements, client management and staff development.
The ideal candidate will have gained experience in the insurance and/or reinsurance industry, whether at an insurer, reinsurer or broker. Experience in transactional activities is required, and experience managing client relationships is desired.
The Role
- Provide front line client servicing (including placing treaty reinsurance, negotiating amendments & improvements to cover, supply of market information, facilitating client/reinsurer meetings etc.)
- Work closely with other divisions on a wide range of placements, business development opportunities and client management
- Create and grow relationships with underwriters in London and International Markets
- Understand evolving client needs and contribute to thought-leadership, advising clients on:
- Optimal reinsurance structures with technical and market pricing
- Reinsurance purchasing strategies
- Prepare client and market presentations in Excel, Word and PowerPoint formats and work with colleagues to prepare RfP responses
- Engage with Catastrophe Risk Analysts and Actuaries
The Requirements
- Experience in the insurance and/or reinsurance industry
- A talent for leadership and mentorship, with a focus on developing new and less experienced team members
- Good negotiation skills
- Good analytical and numerical skills
- Team-player, enthusiastic in supporting a team effort and comfortable that during the initial stages of the role, they will be playing a broadly supporting function
- Understanding of how the overall direction of the industry and foresight to understand how it is changing
- Ability to prioritise, work under pressure and meet deadlines
- Energetic with a strong desire to learn new things
- Initiative and an eagerness to drive projects to a successful conclusion
- A willingness to engage with a wide range of International clients and markets
- Excellent communication and presentation skills
- Proficiency in Microsoft Suite: Word, Excel and PowerPoint
- Although not a necessity, the following would be welcome in this role
- Experience working in the UK & International Reinsurance Treaty markets