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For Companies At a Glance
- Tasks: Engage with clients, process premiums, and support claims in a dynamic reinsurance environment.
- Company: Join a leading Global Lloyd's Broker with a strong reputation in the London Market Insurance.
- Benefits: Enjoy opportunities for professional growth and a collaborative work culture.
- Why this job: Be part of an innovative team making a real impact in the insurance industry.
- Qualifications: 2+ years in a Lloyd's Broker or relevant technical insurance experience required.
- Other info: Ideal for those looking to build relationships and enhance their career in reinsurance.
The predicted salary is between 36000 - 60000 £ per year.
The Company
Our Client, is a well-established, leading and Global Lloyd\’s Broker with a strong presence within the London Market Insurance. Specialising in providing a broad range innovate insurance and reinsurance to their valued partners and clients, there\’s now several brand new vacancies within their International and North American Property & Casualty Reinsurance Division\’s.
Within these exciting, encompassing and versatile opportunities, as a Reinsurance Client Advocate, the post-holder(s) with be responsible for Premium Processing, Broker Support and light Claims Processing duties, with plenty of client and market involvement.
Role Duties
- Technical processing of accounts (premiums, pro-rata and XOL claims)
- Liaising with clients and reinsurance carriers
- Building relationships with internal and external clients
- Attending client and reinsurer meetings
- Identify client’s requirements and work collaboratively with, to achieve the best outcomes
- Assisting with servicing client accounts
- Prepare and maintain account statistics
- Negotiating claims occasionally
Role Requirements
- 2 + years of experience in working for a Lloyd\’s Broker (desirable) – Reinsurer background may be considered
- Experienced in performing technical processing duties for post-placement activities
- Technical experience within Reinsurance (Treaty, Facultative, XOL, Pro-Rata, Non-Proportional or Proportional business), Please note, Technical Insurance experience will also be considered!
- Excellent attention to detail and communication skills
Reinsurance Client Advocate employer: Nashrock Insurance Recruitment
Contact Detail:
Nashrock Insurance Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Reinsurance Client Advocate
✨Tip Number 1
Familiarise yourself with the specific types of reinsurance, such as Treaty and Facultative, as well as the technical processing involved. This knowledge will not only help you in interviews but also demonstrate your commitment to understanding the role.
✨Tip Number 2
Network within the London Market Insurance community. Attend industry events or join relevant online forums to connect with professionals who can provide insights and potentially refer you to opportunities at our company.
✨Tip Number 3
Prepare to discuss your experience with premium processing and claims handling in detail. Be ready to share specific examples of how you've successfully managed client relationships and resolved issues in previous roles.
✨Tip Number 4
Stay updated on current trends and challenges in the reinsurance market. Being knowledgeable about recent developments will allow you to engage in meaningful conversations during interviews and show that you're proactive about your professional growth.
We think you need these skills to ace Reinsurance Client Advocate
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly read the job description for the Reinsurance Client Advocate position. Make sure you understand the key responsibilities and requirements, such as premium processing and client liaison.
Tailor Your CV: Customise your CV to highlight relevant experience in reinsurance and technical processing. Emphasise any previous roles at Lloyd's Brokers or similar environments, showcasing your skills in client management and claims processing.
Craft a Compelling Cover Letter: Write a cover letter that directly addresses the specific duties of the role. Mention your experience with premium processing and your ability to build relationships with clients and reinsurers, demonstrating how you can add value to the company.
Proofread Your Application: Before submitting, carefully proofread your application materials. Check for spelling and grammatical errors, and ensure that all information is clear and concise. Attention to detail is crucial in this industry!
How to prepare for a job interview at Nashrock Insurance Recruitment
✨Know Your Reinsurance Basics
Make sure you brush up on your knowledge of reinsurance concepts, especially Treaty, Facultative, XOL, Pro-Rata, and Non-Proportional or Proportional business. Being able to discuss these topics confidently will show that you understand the industry and can handle the technical aspects of the role.
✨Demonstrate Your Client Relationship Skills
Since the role involves liaising with clients and building relationships, prepare examples from your past experiences where you've successfully managed client relationships. Highlight how you identified client needs and worked collaboratively to achieve positive outcomes.
✨Prepare for Technical Questions
Expect questions related to premium processing and claims handling. Be ready to discuss your experience with technical processing duties and how you've ensured accuracy and attention to detail in your previous roles.
✨Show Enthusiasm for the Company
Research the company and its position within the London Market Insurance. Express genuine interest in their innovative approach to insurance and reinsurance, and be prepared to discuss why you want to work specifically for them.
