Reinsurance Broker
hace 2 semanas
**The Role**
- Evaluate and analyze WTW risk transfer solutions to determine appropriate facultative reinsurance coverage solutions;
- Responsible for facultative reinsurance portfolio, including business development (WTW and non-WTW original insureds);
- Cultivate and maintain relationships with cedants, facultative reinsurance markets and other key external third party producers;
- Mobilize, train and create awareness within the WTW organization to add Facultative reinsurance solutions as additional strategy for a total market approach;
- Negotiate terms and conditions for facultative reinsurance placements to ensure optimal coverage and pricing;
- Prepare and present comprehensive submissions to reinsurers, based on the needs and requirements of the cedants or original insured;
- Responsible for coordinating the administration of facultative reinsurance deals, using the available tools. Including supporting cedants with reinsurance requirements like Premium Payment Warranties;
- Coordinate governance and support claims team in processes on handling facultative reinsurance claims;
- Stay abreast of industry trends, market conditions, regulatory changes affecting facultative reinsurance.
**The Requirements**
- Bachelor’s degree in business, finance or a related field;
- Proven experience in facultative reinsurance industry;
- Strong understanding of insurance and reinsurance principles, conditions, risk assessments and pricing;
- Excellent negotiation and interpersonal skills to build and maintain relationships;
- Analytical mindset with the ability to asses complex risk scenarios;
- Effective communication skills in English, both written and verbal.
- Equal Opportunity Employer_
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