Reinsurance Broker, Facultative

At Marsh & McLennan Companies, we are looking for an experienced Reinsurance Broker, Facultative to join our team and play a vital role in our organization. The successful candidate will be highly motivated and possess a strong background in the reinsurance industry.The Reinsurance Broker, Facultative is responsible for providing quality reinsurance advice, servicing and negotiation to clients. This role requires excellent knowledge of current reinsurance markets, products, and services. The ideal candidate will have a deep understanding of reinsurance principles and practices, as well as a strong commitment to providing superior customer service.To be successful in this role, you must have a Bachelor’s degree in a related field and at least 5 years of experience as a Reinsurance Broker, Facultative. You must be highly organized, have excellent communication and negotiation skills, and be able to work independently and as part of a team. The ability to stay up-to-date with industry trends and developments is also essential. If you have a passion for the reinsurance industry and are ready to make a difference, we would love to hear from you.

Responsibilities:

1. Provide quality reinsurance advice, servicing, and negotiation to clients.
2. Possess a deep understanding of reinsurance principles and practices.
3. Maintain a strong commitment to providing superior customer service.
4. Remain organized and possess excellent communication and negotiation skills.
5. Work independently and as part of a team.
6. Stay up-to-date with industry trends and developments.
7. Monitor the reinsurance market and identify potential opportunities.
8. Develop effective relationships with reinsurers and brokers.
9. Analyze customer needs and develop appropriate solutions.
10. Negotiate and manage reinsurance contracts.
11. Assist with the preparation and submission of reinsurance applications.
12. Analyze reinsurance reports and identify areas of improvement.
13. Address customer inquiries in a timely manner.

According to JobzMall, the average salary range for a Reinsurance Broker, Facultative in London, UK is between £50,000-£75,000. This range may vary depending on the individual's experience and qualifications.

Marsh & McLennan Companies, Inc. is a global professional services firm, headquartered in New York City with businesses in insurance brokerage, risk management, reinsurance services, talent management, investment advisory, and management consulting.