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Reinsurance broker

Slough
JR United Kingdom
Broker
€80,000 - €100,000 a year
Posted: 12 June
Offer description

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Join a Dynamic Africa-Focused Reinsurance Broker

Offering hands-on experience, diverse business exposure, and global travel opportunities. Apply now!


Role Overview and Key Tasks

* Place new and renewal reinsurance business on behalf of AAIS’s local offices, clients, and producers.
* Handle broking-related queries promptly, including endorsements, NOC’s, declarations/bordereaux, and claims.
* Build and manage relationships with stakeholders such as colleagues, clients, markets, and surveyors.
* Negotiate market terms, analyze exposures, and market appetites.
* Develop knowledge of markets and risk appetites to increase reinsurance placements.
* Increase facultative business shares from current clients.
* Assist with product training and new business development.
* Complete administrative tasks accurately, including EOCs, cover notes, debit/credit notes, and bordereaux.


Position in the Organisation

Reports to the Head of Facultative Reinsurance, or a Director/Senior Broker if unavailable.


Key Measures of Success

* Achieve over 95% renewal rate.
* Meet new business targets.
* Grow renewal book by 20%.
* Ensure timely risk placement and documentation.
* Maintain compliance with FCA guidelines and internal policies.


Areas of Responsibility

* Maintain accurate records of renewals and new business.
* Foster a collaborative team environment.
* Manage key relationships and identify new opportunities.
* Send renewal invites at least 30 days before expiry.
* Distribute client documentation promptly.
* Analyze markets for optimal risk terms.
* Negotiate and communicate risk placement terms.
* Oversee documentation issuance and workflow management.
* Maintain high service standards for clients throughout the year.
* Follow internal policies and complete mandatory training.
* Ensure smooth account handovers during leave.


Candidate Requirements

* Minimum 1 year experience in the insurance industry.
* Preferred classes: PVT, Aviation, Casualty, Property.
* CII qualifications or equivalent preferred.
* Right to work in the UK.

Please apply with CV and cover letter, or send to [emailprotected].

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