Reinsurance Placing Specialist
4 weeks ago
A leading international Lloyd's broker is seeking an experienced London Market Reinsurance Broker to join their successful team. As a key member, you will be involved in the placement and management of property excess of loss treaty reinsurance contracts and non-marine (open market & binders) business.
Key Responsibilities:
- Develop and maintain new and existing relationships with Underwriters, Agents, and Clients.
- Obtain and analyze risk information.
- Identify suitable (re)insurers with appropriate risk appetite.
- Arrange bespoke (re)insurance cover in complex cases; preparing reports for underwriters.
- Lead broking and negotiations with Lloyds, Company, and overseas markets.
- Maintain close communication with clients/agents through the placement cycle.
- Produce and process open market slips and assist with binding authorities.
- Produce slips/endorsements, evidence of cover, cover notes, policy schedules, debit notes, and monthly lineslip declarations.
- Process entries/contract on all computer systems including Brokasure.
Requirements:
- Solid Lloyds market expertise, both broking and technical.
- Drive, resourcefulness, and a commercial outlook.
- Some experience broking Treaty reinsurance contracts.
This is a pivotal position that requires applicants with a strong understanding of the Lloyds market and the ability to work in a dynamic broking environment.
MW Appointments has been recruiting in the Insurance market since 1992, offering in-depth technical understanding, comprehensive market insight, excellent market intelligence, and well-established relationships with companies across the insurance sector.
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