Reinsurance Broker

4 weeks ago

London, Greater London, United Kingdom Guy Carpenter Full time

We are seeking a highly motivated individual who is early on in their broking career and looking for development opportunities to join our Cyber Team as a Reinsurance Broker. As an aspiring Reinsurance Broker, you will have the chance to gain valuable experience and grow your skills in the dynamic field of cyber insurance. You will work closely with clients, underwriters, and other stakeholders to negotiate and place reinsurance contracts that effectively mitigate cyber risks. This is an exciting opportunity to kickstart your broking career, receive mentorship, and contribute to the growth and success of our organisation in the rapidly evolving cyber reinsurance industry.

What can you expect?

  • Develop and maintain relationships with clients, including insurance companies, brokers, and other key stakeholders in the cyber insurance market.
  • Identify and analyse cyber risks and develop reinsurance solutions to effectively manage and transfer these risks.
  • Collaborate with underwriters to assess and evaluate cyber insurance policies and determine appropriate reinsurance strategies.
  • Negotiate reinsurance terms and conditions with reinsurers to ensure optimal coverage and pricing.

What is in it for you?

  • We offer and embrace a hybrid working model that nurtures a collaborative working environment in the office 3 days per week allowing 2 days per week to be spent working on a remote basis.
  • Competitive benefits package including: 27 days annual leave, up to 4 days flexible bank holidays, excellent pension contributions, private medical cover, life assurance, income protection, employee assistance program, plus a range of flexible benefits including the option to buy or sell up to 5 days holiday per year, cycle to work, gym membership, dental insurance, health assessments plus many more.
  • Generous Family Leave including: 6 months paid maternity leave, 4 months paid paternity leave, 6 months paid adoption leave plus shared parental leave options. To help ease the transition when you return to work you will be able to work 8 weeks at 80% of your normal work pattern and receive 100% of your normal salary.

We will count on you to:

  • Prepare and present reinsurance proposals to clients, highlighting the benefits and value of the proposed solutions.
  • Monitor market trends and developments in the cyber insurance industry to identify new business opportunities and stay updated on emerging risks.
  • Provide expert advice and guidance to clients on cyber risk management and reinsurance strategies.
  • Collaborate with internal teams, such as claims and finance, to ensure smooth and efficient reinsurance operations.
  • Stay updated on regulatory requirements and compliance standards related to cyber insurance and reinsurance.

What you need to have:

  • Bachelor's degree in a relevant field such as economics, insurance, risk management, or finance.
  • Data analysis and statistical skills using Excel, R, SQL or Python
  • Ability to create charts, tables and graphs to present data in an effective format.
  • Proven experience as a Reinsurance Broker, preferably with a focus on cyber insurance.
  • Strong analytical and problem-solving skills to assess and evaluate cyber risks.
  • Excellent negotiation and communication skills to effectively interact with clients and reinsurers.
  • Ability to build and maintain strong relationships with clients and stakeholders.
  • Detail-oriented with strong organisational and time management skills.
  • Professional certifications such as CII or Actuarial Qualifications are a plus.

What makes you stand out?

  • In-depth knowledge of the cyber insurance market, including key players, products, and emerging trends.
  • Confident in understanding risk models and how they can be leveraged to structure (re)insurance risk transfer solutions.
  • Ability to identify market insights, trends and then use that knowledge to advise clients on their underwriting and portfolio management strategies.
  • Strong understanding of (re)insurance companies financial and accounts.

Guy Carpenter & Company, LLC is a leading global risk and reinsurance specialist with more than 3,500 professionals in over 60 offices around the world. Guy Carpenter delivers a powerful combination of broking expertise, trusted strategic advisory services and industry-leading analytics to help clients adapt to emerging opportunities and achieve profitable growth. Guy Carpenter is a business of Marsh McLennan (NYSE: MMC), the world's leading professional services firm in the areas of risk, strategy and people. The company's 85,000 colleagues advise clients in over 130 countries. With annualized revenue of over $23 billion, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading companies including Marsh, Mercer and Oliver Wyman. For more information, visit and follow us on LinkedIn and X.

Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, civil partnership status, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law.

We are an equal opportunities employer. We are committed to providing reasonable adjustments in accordance with applicable law to any candidate with a disability to allow them to fully participate in the recruitment process. If you have a disability that may require reasonable adjustments, please contact us at


#hybridworking #flexibleworking #reinsurance #hiring #recruiting

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