Are you ready to bring your facultative reinsurance expertise to a dynamic, growth-focused organization We're looking for an exceptional Facultative Reinsurance Broker to join a leader in the reinsurance industry. In this role, you'll forge business partnerships, analyze risks, negotiate favorable reinsurance terms, and secure optimal coverage solutions for clients. You will collaborate with industry professionals and leverage innovative strategies to drive success in a fast-paced reinsurance portfolio.
KEY RESPONSIBILITIES
- Business Development: Identify and pursue new business opportunities within the facultative reinsurance sector
- Risk Assessment: Evaluate and recommend the best facultative reinsurance options to meet client needs
- Portfolio Management: Oversee the facultative reinsurance portfolio, focusing on growth and client retention
- Relationship Building: Build and sustain strong relationships with cedants, reinsurance markets, and key external stakeholders
- Education & Awareness: Promote facultative reinsurance as a strategic option within the client organization
- Negotiations & Submissions: Lead negotiations, prepare comprehensive submissions, and secure optimal coverage and pricing
- Administration & Compliance: Coordinate deal administration and support cedants with reinsurance requirements like Premium Payment Warranties
- Claims Coordination: Collaborate with the claims team to ensure smooth processing of facultative reinsurance claims
- Market Insights: Stay updated on industry trends, market conditions, and regulatory changes impacting facultative reinsurance
WHAT YOU BRING
- Bachelor's degree in business, finance, or a related field
- Proven experience in the facultative reinsurance sector, ideally in a regional role
- In-depth knowledge of insurance and reinsurance principles, risk assessment, and pricing
- Strong negotiation and interpersonal skills for relationship management
- Analytical abilities for evaluating complex risks
- Proficiency in English (written and verbal)
WHAT'S ON OFFER
- Competitive Compensation: Attractive salary package
- Professional Development: Opportunities for growth and skill enhancement
- Flexible Work Environment: Supportive culture with hybrid work options
- Inclusive and Collaborative Culture: Join a team that values diversity and creativity
Apply Now
This is your chance to work with an award-winning broker! Submit your application today to take the next step in your reinsurance career!
EA License 16S8145 EA Reg No: R21102228