At a Glance
- Tasks: Lead the placement of Marine and Energy reinsurance programmes and manage end-to-end processes.
- Company: Join a dynamic and forward-thinking (re)insurance group that's rapidly growing.
- Benefits: Enjoy a supportive team environment with opportunities for career growth and development.
- Why this job: Make a meaningful impact while developing expertise in a fast-paced, collaborative setting.
- Qualifications: Experience in ceded reinsurance purchasing, preferably in the London market, is essential.
- Other info: Strong analytical, negotiation, and communication skills are crucial for success.
The predicted salary is between 43200 - 72000 £ per year.
A dynamic and forward-thinking (re)insurance group is seeking an experienced Ceded Reinsurance Specialist to join its growing team. In this role, you will lead the placement of Marine and Energy reinsurance programmes, while also supporting other lines of business as needed. Working closely with internal teams including Underwriting, Actuarial, Claims, and Operations, you will manage end-to-end placement processes and liaise with external Brokers and Reinsurers.
Key responsibilities include:
- Structuring and recommending reinsurance purchases
- Analysing proposals
- Negotiating optimal cover
- Supporting ongoing project initiatives
A strong grasp of reinsurance concepts, contract wording, and market dynamics is essential. The ideal candidate will have solid experience in a ceded reinsurance purchasing role—preferably in the London market—with a technical understanding of Marine and Energy reinsurance. Strong analytical, negotiation, and communication skills, along with a collaborative mindset and attention to detail, are crucial.
This is an exciting opportunity to make a meaningful impact in a fast-paced environment while developing your expertise across multiple business lines. If you're looking to grow your reinsurance career within a supportive and ambitious team, we’d love to hear from you.
Ceded Reinsurance Placement Officer employer: Avencia Consulting
Contact Detail:
Avencia Consulting Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Ceded Reinsurance Placement Officer
✨Tip Number 1
Network with professionals in the reinsurance industry, especially those who have experience in Marine and Energy sectors. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends.
✨Tip Number 2
Familiarise yourself with the key players in the London market. Understanding the major brokers and reinsurers will help you during negotiations and when structuring reinsurance purchases.
✨Tip Number 3
Brush up on your analytical skills by reviewing case studies related to Marine and Energy reinsurance. This will not only enhance your understanding but also prepare you for discussions during interviews.
✨Tip Number 4
Prepare to discuss your previous experiences in ceded reinsurance placements. Be ready to share specific examples of how you've successfully managed end-to-end processes and collaborated with various teams.
We think you need these skills to ace Ceded Reinsurance Placement Officer
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Ceded Reinsurance Placement Officer. Familiarise yourself with Marine and Energy reinsurance concepts, as well as the key skills required for the role.
Tailor Your CV: Highlight your relevant experience in ceded reinsurance purchasing, especially within the London market. Emphasise your analytical, negotiation, and communication skills, and ensure your CV reflects your collaborative mindset and attention to detail.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the reinsurance industry and your understanding of the specific challenges faced in Marine and Energy reinsurance. Mention how your background aligns with the company's goals and values.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or inconsistencies. A polished application demonstrates your attention to detail and professionalism, which are crucial in this field.
How to prepare for a job interview at Avencia Consulting
✨Understand the Reinsurance Landscape
Make sure you have a solid grasp of reinsurance concepts, especially in Marine and Energy sectors. Familiarise yourself with current market dynamics and trends, as this knowledge will demonstrate your expertise and readiness for the role.
✨Prepare for Technical Questions
Expect to be asked about specific reinsurance structures and contract wording. Brush up on your technical understanding and be ready to discuss how you would approach structuring reinsurance purchases or analysing proposals.
✨Showcase Your Analytical Skills
Be prepared to provide examples of how you've used your analytical skills in past roles. Discuss any relevant projects where you successfully negotiated cover or managed placement processes, highlighting your attention to detail.
✨Demonstrate Collaboration and Communication
Since the role involves working closely with various internal teams and external partners, be ready to share experiences that showcase your collaborative mindset. Highlight instances where effective communication led to successful outcomes in your previous roles.