Risk Management Facilitator

hace 2 meses


Xico, México Wtw A tiempo completo

Company Overview


WTW, a leading global reinsurance broker, is seeking an experienced Risk Management Facilitator to join its team. As a facilitator of risk transfer solutions, you will play a crucial role in evaluating and analyzing WTW risk transfer solutions to determine appropriate facultative reinsurance coverage solutions.


Job Description


Responsibilities include:



  • Evaluating and analyzing WTW risk transfer solutions to determine appropriate facultative reinsurance coverage solutions;
  • Managing a facultative reinsurance portfolio, including business development (WTW and non-WTW original insureds);
  • Cultivating and maintaining relationships with cedants, facultative reinsurance markets, and other key external third-party producers;
  • Mobilizing, training, and creating awareness within the WTW organization to add facultative reinsurance solutions as an additional strategy for a total market approach;
  • Negotiating terms and conditions for facultative reinsurance placements to ensure optimal coverage and pricing;
  • Preparing and presenting comprehensive submissions to reinsurers, based on the needs and requirements of the cedants or original insured;
  • Coordinating the administration of facultative reinsurance deals, using available tools, including supporting cedants with reinsurance requirements like Premium Payment Warranties;
  • Coordinating governance and supporting claims teams in processes related to handling facultative reinsurance claims;
  • Staying abreast of industry trends, market conditions, regulatory changes affecting facultative reinsurance;

Requirements


To be successful in this role, you must possess:



  • A Bachelor's degree in business, finance, or a related field;
  • Proven experience in the facultative reinsurance industry;
  • A strong understanding of insurance and reinsurance principles, conditions, risk assessments, and pricing;
  • Excellent negotiation and interpersonal skills to build and maintain relationships;
  • An analytical mindset with the ability to assess complex risk scenarios;
  • Effective communication skills in English, both written and verbal;

Salary


The estimated salary for this position is $120,000 - $180,000 per annum, depending on location and experience.


Benefits


WTW offers a comprehensive benefits package, including health insurance, retirement savings plan, and paid time off.



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