Reinsurance Account Manager

2 weeks ago

London, Greater London, United Kingdom IDEX Consulting Ltd Full time

A global insurance business is looking to strengthen its team with an experienced Account Manager in London. Working closely with colleagues in the broking team, the successful candidate will be responsible for providing high-level technical advice and professional service to clients. The Account Manager will primarily be responsible for technical support in the placing and servicing of treaty reinsurance placements.

Key Responsibilities:
  • Working in partnership with the broking team to market treaty reinsurance placements, involving communication with clients, colleagues from regional offices, and reinsurers.
  • Providing detailed technical advice on all contractual matters, including drafting of slips & contracts, bespoke clauses, and provisions as required.
  • Negotiating on the content of contracts with clients and reinsurers throughout the placement process.
  • The production of contractual documentation, including contract wordings, endorsements, and evidence of cover.
  • The collection and analysis of data necessary for the preparation of client and market submissions and presentations, offering insight where required.
  • Liaising with brokers, account executives, account managers, analytics teams, clients, and reinsurers regarding submission information, portfolio developments, contract wordings, and the resulting impact on reinsurance throughout the renewal process.
  • The resolution of queries received from clients and reinsurers, involving liaison with colleagues within other departments as necessary.
Requirements:
  • Relevant experience working in Reinsurance broking.
  • The ability to lead technical conversations both internally and in the marketplace.
  • Good interpersonal skills, including effective communication and presentation skills.
  • An excellent attention to detail.
  • Good analytical and problem-solving skills.
  • An understanding of London (re)insurance market dynamics and core processes.
  • Technical (re)insurance knowledge.

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