Head of Property

3 weeks ago

London, United Kingdom The Ardonagh Group Full time

**Job Purpose**

This is a FAC Senior Broker role that sits within our Re insurance business (Inver Re).

International Property: to facilitate the production and prompt placement of cedant facultative contracts in accordance with the client’s requirements and needs, in a timely manner, all in accordance with regulatory requirements and acting in the best interest of the client at all times.

**Key Accountabilities**

**Main Responsibilities**:

- To produce new business out of existing client relationships and work to build new ones.
- To place business into the Lloyd’s, London and International markets.
- To manage a renewal book of business across Property and Power.
- To be accountable for resolving all business and accounts escalation queries.
- To ensure compliance with relevant Company and Market Rules and Procedures.
- To ensure client and underwriter accounts are set up in compliance with Company Rules and Procedures.
- To input new business, renewals and mid-term changes onto the Company’s workflow systems.
- To ensure that the Company’s workflow systems are updated promptly to reflect the current status of any risk.
- To ensure completion of market sheets and other broking notes.
- To ensure files are completely accurate in accordance with Company Rules and Procedures.
- To report promptly any material changes to Divisional Forecast.
- To report breaches, errors & omissions, disputes and complaints.
- To ensure compliance with the Company’s Rules and Procedures and other management instructions.
- To support and train more Junior members in the team.

**Representing Inver RE**:

- Champion the Company name and core values.
- Represent the Company with clients, agents, suppliers and other organisations.

**Compliance**:

- Comply with relevant legal, regulatory and compliance requirements, Errors and Omissions (E&O) compliance procedures and quality initiatives.
- Escalate any potential E&O's to Divisional Directors and the Legal & Compliance team at the earliest opportunity.

**The above list of responsibilities is not exclusive or exhaustive and the job holder may be required to undertake such tasks as reasonably expected within the scope of the role.**

**Person Specification**

**Essentials**:

- Detailed understanding and knowledge of the Company’s requirements regarding FCA rules relating to relevant customers.
- Detailed understanding and knowledge of general (re) insurance and underlying legal principles.

**Desirables**:

- ACII preferred.
- Ability to prioritise and organise own workload to ensure that deadlines are met.
- Ability to work under pressure without supervision.
- Ability to develop and sustain internal and external relationships.
- Team player.
- Ability to negotiate and construct effective written and verbal communications.
- Confident and effective telephone skills.
- Confidence to challenge senior colleagues.
- Ability to work with, support and train more Junior members of the team.
- I.T. Skills - MS Word, MS Excel, accurate data input are essential.

**It is deemed that you accept and agree the content of this Job Description is accurate, unless you raise a query within 14 days of receipt. We reserves the right to amend the content of this Job Description to meet the needs of the business.

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