At a Glance
- Tasks: Manage client relationships and support business development in reinsurance.
- Company: Join Athene, a dynamic and inclusive financial services company.
- Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
- Other info: Experience with AI tools is a plus; excellent career advancement opportunities await.
- Why this job: Make an impact in the insurance industry while developing your skills.
- Qualifications: Bachelor’s degree in a quantitative field and strong communication skills required.
The predicted salary is between 60000 - 80000 £ per year.
We are driven to do more. More for our customers and the financial professionals who offer our products. If you are driven to do more and love the challenge of pursuing more, Athene is your kind of company. You will find we offer more than the basics to create an inclusive and dynamic work environment at our various locations.
Purpose: Reporting to the AVP, this position is responsible for the management of existing client relationships as well as supporting business development initiatives. The successful candidate will have a solid understanding of insurance liabilities as well as possess both strong quantitative and communication skills.
Accountabilities:
- Ongoing management of third-party reinsurance including discussions on industry trends, rate setting and other new business opportunities
- Research and analyze potential new markets, companies and products for reinsurance opportunities
- Work with primary deal leads and pricing team to analyze due diligence materials, create pricing models and produce indicative quotes and management materials
- Provide support for all phases of a transaction process, including initial target identification, transaction structuring, contract negotiation, closing and post-close management
- Support flow reinsurance efforts, including participating in meetings with potential clients to understand reinsurance needs and discuss potential solutions
- Lead the production of product and treaty summaries for new transactions, highlighting key actuarial, reporting and operational agreements
- Assist with any other department projects as required
Qualifications and Experience:
- Bachelor’s degree in mathematics or any quantitative field with either a Fellow qualification of a widely recognized actuarial body or a CFA designation
- Minimum six years’ experience in either the life insurance/reinsurance industry or investment banking, with strong expertise in the financial services/insurance sector
- Solid understanding of insurance liabilities with knowledge of fixed rate and indexed annuities
- Demonstrated stakeholder management skills including prior experience in a client-facing or consulting role with ability to effectively communicate complex concepts to both technical and non-technical audiences
- Proficient in the use of Microsoft Office suite of applications
- Experience using AI tools (such as ChatGPT or similar platforms) to enhance productivity, analyze information, or streamline processes preferred
- Excellent oral and written English language skills
Drive. Discipline. Confidence. Focus. Commitment. Learn more about working at Athene. Athene is a Military Friendly Employer! Learn more about how we support our Veterans. Athene is committed to inclusion and is proud to be an Equal Opportunity Employer. We do not discriminate on the basis of race, color, religion, sex, national origin, age, disability, marital status, sexual orientation, veteran status or any other status protected by federal, state or local law.
Sr Associate Flow Reinsurance in Hamilton employer: Athene
At Athene, we pride ourselves on fostering an inclusive and dynamic work environment in the beautiful location of Hamilton, Bermuda. As a Sr Associate in Flow Reinsurance, you will benefit from a culture that encourages professional growth and development, alongside competitive compensation and comprehensive benefits. Join us to be part of a team that values your contributions and supports your career aspirations while making a meaningful impact in the financial services sector.
StudySmarter Expert Advice🤫
We think this is how you could land Sr Associate Flow Reinsurance in Hamilton
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Athene). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Athene. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Sr Associate Flow Reinsurance in Hamilton
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Athene.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Athene. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Athene
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Athene to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Athene, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Athene's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
