Design new reinsurance programs for clients' needs, placing business with client approved reinsurers
Job Summary
Design new reinsurance programs for clients' needs, placing business with client approved reinsurers.
Manage all aspects of new, renewal and prospective reinsurance business including soliciting accounts; preparing and presenting research, financial analysis, client and reinsurer presentations, budget and revenue exhibits; formal documentation execution; and managing accounting, claims, and contract issues.
Maintain comprehensive knowledge of reinsurer capabilities (product lines, capacity, approvals, etc.), with the help of Market Information Department, Legal Department, and other departments as necessary.
Matching Summary
Design new reinsurance programs for clients' needs, placing business with client approved reinsurers.
Skills & Requirements
Must-have
Design new reinsurance programs
Manage reinsurance business aspects
Respond to client queries
Establish strong relationships
Develop client and reinsurer presentations
Produce new clients and design programs
Nice-to-have
Collaborative environment
Learning from top specialists
Rewarding and impactful career
Key Requirements
Bachelor’s degree or foreign equivalent in Finance, Political Science, or a related field
Six (6) years of experience in the position offered or a related position
Four (4) years of experience with advising insurance companies in Latin America and the Caribbean on reinsurance placement strategies
Four (4) years of experience preparing communications including presentations, analytics synopses, and negotiations
Four (4) years of experience developing and placing reinsurance programs
Four (4) years of experience negotiating Latin America and Caribbean reinsurance agreements
Four (4) years of experience coordinating internal resources
Four (4) years of experience reviewing and analyzing client insurance data
Four (4) years of experience using year-on-year analysis to structure reinsurance programs
Four (4) years of experience reviewing contract wordings
Four (4) years of experience analyzing catastrophe and actuarial modeling outputs
Four (4) years of experience placing specialty lines of business