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For Companies At a Glance
- Tasks: Manage reinsurance arrangements, negotiate deals, and build relationships with brokers.
- Company: Join a respected global (re)insurer known for its innovative approach.
- Benefits: Enjoy a dynamic work environment with opportunities for professional growth.
- Why this job: Be part of a strategic team that values collaboration and problem-solving.
- Qualifications: Experience in reinsurance placement or broking is essential.
- Other info: Ideal for those who thrive on responsibility and want to make an impact.
The predicted salary is between 48000 - 72000 £ per year.
Job Description
We’re working with a well-regarded global (re)insurer on the appointment of an experienced Reinsurance Purchasing Manager to support the design, negotiation, and placement of reinsurance arrangements across multiple product lines. This is a varied and visible role that bridges technical insight, relationship management, and strategic planning.
What You’ll Be Doing:
- Understanding the business’ evolving reinsurance requirements, ensuring purchasing strategy remains fit for purpose.
- Developing renewal documentation and supporting marketing materials
- Building effective working relationships with brokers and reinsurers to secure optimal outcomes.
- Monitoring spend and contributing to forecasting and budgetary planning.
- Preparing reports and updates for senior stakeholders and committees.
What We’re Looking For:
- Solid grounding in reinsurance, with experience in placement or broking.
- Confident communicator who builds trust with internal and external stakeholders.
- Strong organisational skills and attention to detail.
This is a great opportunity for someone who thrives on responsibility, enjoys solving problems, and wants to play a key role in reinsurance strategy within a collaborative and forward-thinking environment.
Reinsurance Purchasing Manager employer: Eames Consulting
Contact Detail:
Eames Consulting Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Reinsurance Purchasing Manager
✨Tip Number 1
Network with professionals in the reinsurance industry. Attend relevant conferences, webinars, or local meetups to connect with brokers and reinsurers. Building these relationships can give you insights into the market and potentially lead to job opportunities.
✨Tip Number 2
Stay updated on industry trends and changes in regulations that affect reinsurance. Subscribe to industry publications or follow thought leaders on social media. This knowledge will not only help you in interviews but also demonstrate your commitment to the field.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully managed relationships with brokers or stakeholders in the past. Highlighting your experience in negotiation and strategic planning will show that you're well-suited for the role.
✨Tip Number 4
Research the company thoroughly before your interview. Understand their reinsurance strategies, product lines, and recent developments. This will allow you to tailor your responses and demonstrate your genuine interest in contributing to their success.
We think you need these skills to ace Reinsurance Purchasing Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in reinsurance, particularly in placement or broking. Use specific examples that demonstrate your understanding of reinsurance requirements and your ability to develop effective purchasing strategies.
Craft a Compelling Cover Letter: In your cover letter, emphasise your communication skills and ability to build relationships with brokers and reinsurers. Mention how your organisational skills and attention to detail have contributed to successful outcomes in previous roles.
Showcase Problem-Solving Skills: Provide examples in your application that illustrate your problem-solving abilities. Discuss situations where you successfully navigated challenges in reinsurance strategy or stakeholder management.
Highlight Strategic Planning Experience: If you have experience in forecasting and budgetary planning, make sure to include this in your application. Detail how you've contributed to strategic planning in past roles, especially in relation to reinsurance.
How to prepare for a job interview at Eames Consulting
✨Showcase Your Reinsurance Knowledge
Make sure to brush up on your understanding of reinsurance principles and practices. Be prepared to discuss your previous experiences in placement or broking, as this will demonstrate your solid grounding in the field.
✨Demonstrate Strong Communication Skills
As a Reinsurance Purchasing Manager, you'll need to build trust with various stakeholders. Practice articulating your thoughts clearly and confidently, and be ready to provide examples of how you've successfully managed relationships in the past.
✨Highlight Your Organisational Skills
This role requires strong organisational skills and attention to detail. Prepare to discuss how you manage multiple tasks and projects simultaneously, and consider sharing specific examples of how you've maintained accuracy in your work.
✨Prepare for Strategic Discussions
Since the position involves strategic planning, think about how you can contribute to the company's reinsurance strategy. Be ready to discuss your approach to developing renewal documentation and how you would support marketing materials effectively.
