At a Glance
- Tasks: Broker treaty reinsurance for property, motor, and casualty lines in the Israeli market.
- Company: Join Guy Carpenter, a market leader with a collaborative team culture.
- Benefits: Competitive salary, diverse work environment, and opportunities for professional growth.
- Other info: Embrace diversity and enjoy a flexible work environment.
- Why this job: Make an impact in a dynamic industry while building strong client relationships.
- Qualifications: Knowledge of the (re)insurance market and strong interpersonal skills required.
The predicted salary is between 50000 - 70000 £ per year.
We are seeking resourceful and proactive professionals eager to advance their careers within a highly collaborative, market-leading team at Guy Carpenter in London. In this role, you will broker treaty reinsurance for property, motor, and casualty lines of business within the Israeli market. You will join a high-performing team where every individual’s unique skills and contributions are valued and respected.
We will count on you to:
- Support the renewal of reinsurance programs, focusing on regional and multinational clients and prospects.
- Engage with clients to understand their needs and foster strong, lasting relationships.
- Assist in designing tailored reinsurance programs that meet client requirements, placing business with client-approved reinsurers.
- Negotiate pricing, terms, and conditions with reinsurers to secure favourable outcomes for clients.
- Prepare placement slips, cover notes, and contracts as required.
- Monitor and follow up on contract documentation to ensure timely processing.
- Build and maintain strong relationships with reinsurers, clients, and internal colleagues.
- Maintain comprehensive knowledge of reinsurer capabilities, including product lines, capacity, and approvals.
- Stay informed of market conditions to better serve clients and negotiate optimal terms.
- Accurately document all correspondence in line with Guy Carpenter procedures.
- Manage reinsurance placement details efficiently through Guy Carpenter’s online portal (GC Market Place).
What you need to have:
- Solid knowledge of the (re)insurance market.
- Experience in property, motor, and/or casualty lines of business.
- Strong interpersonal skills with the ability to collaborate effectively with colleagues, clients, and industry leaders at all levels.
- Ability to manage conflicts of interest and handle confidential information with discretion and integrity.
- Exceptional attention to detail and the ability to perform under pressure to meet tight deadlines.
- Preferably ACII qualified or actively working towards ACII qualification.
What makes you stand out:
- Previous experience or familiarity with the Israeli insurance and reinsurance market.
- Proven track record of successfully broking treaty reinsurance programs.
- Demonstrated commitment to continuous professional development and industry knowledge.
Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, civil partnership status, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law. We are an equal opportunities employer. We are committed to providing reasonable adjustments in accordance with applicable law to any candidate with a disability to allow them to fully participate in the recruitment process. If you have a disability that may require reasonable adjustments, please contact us at reasonableaccommodations@mmc.com.
Treaty Reinsurance Broker – Property, Casualty & Motor employer: Dormont Manufacturing Co
At Guy Carpenter, we pride ourselves on being a leading employer in the reinsurance sector, offering a dynamic and inclusive work environment in London. Our collaborative culture fosters professional growth, allowing you to develop your skills while working alongside industry experts. With a commitment to diversity and continuous learning, we provide our employees with the tools and opportunities to thrive in their careers, making us an exceptional choice for those seeking meaningful and rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land Treaty Reinsurance Broker – Property, Casualty & Motor
✨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 Dormont Manufacturing Co). 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 Dormont Manufacturing Co. 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 Treaty Reinsurance Broker – Property, Casualty & Motor
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 Dormont Manufacturing Co.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Dormont Manufacturing Co. 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 Dormont Manufacturing Co
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Dormont Manufacturing Co 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 Dormont Manufacturing Co, 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 Dormont Manufacturing Co'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.
