Reinsurance Broker

"Looking to join a dynamic Africa-focused reinsurance broker offering hands-on experience, diverse business exposure, and global travel opportunities?" Apply Now! Role Overview, key tasks but not limited to – · To place new and renewal Reinsurance business for and on behalf of AAIS’s local offices, clients and producers. · To ensure all broking related queries are handled promptly including but not limited to endorsements, NOC’s declarations/bordereaux and premium/claims queries, should the respective teams require · To successfully build and manage key relationships with all stakeholders including colleagues, clients, markets and surveyors if needed · To negotiate market terms on behalf of clients, analyse exposures and market appetites · To identify and develop knowledge of markets and their risk appetite with the purpose of placing more reinsurance business · To increase facultative business shares from all current clients · To assist your allocated office with product training and new business development · To ensure all broking related administrative tasks are handled promptly and accurately. This includes but is not limited to EOC’s Cover notes, Debit/Credit notes, Closings, Bordereaux, if applicable. Position in the Organisation · The job holder reports directly to the Head of Facultative Reinsurance. If unavailable, then to a Director or a Senior Reinsurance Broker. Key Measures of Success · Achieve 95% renewal rate on allocated renewals · Meet allocated new business target · Achieve 20% growth on renewal book of the allocated local office · Timely and accurate placement of risks in the market · Timely and accurate issuance of documents to the client · Compliance with FCA guidelines, SOPs and internal policies · Achieve Facultative team target Areas of Responsibility · Ensure that accurate records are kept up to date on renewals and new business on the centralised facultative sheets · Foster and maintain a collaborative and positive team atmosphere · Manage key market and client relationships · Identify and develop new market, product and new business opportunities · Ensure all renewal invites are sent out minimum 30 days before expiry · Ensure all client documentation is sent out a maximum of 2 weeks from binding · Ensure that the lead signed slip is sent to the client within 24 hours of receiving · Analyse markets to ensure optimum terms are acquired for risk placements on behalf of clients · Analyse, submit and/ or decline risks, negotiate risk placement terms with reinsurers/ underwriters, communicate quotes to clients and negotiate quotes on behalf of clients in a timely manner · Oversee the correct issuance of all documentation pertaining to your accounts · Ensure all workflow is managed in a timely manner · Ensure comprehensive service is maintained for all facultative clients throughout the year · Adhere to company internal policies and procedures together with mandatory training requirements · Ensure effective handover of accounts during leave We are looking for Candidates with the following: Minimum 1 year of experience in the Insurance Industry Preferred but not required classes, PVT, Aviation, Casualty and Property CII Qualifications or equivalent preferred but not essential Right to Work in the UK Please apply with CV and Cover Letter, alternatively please send to lauren@afroasian-insurance.com