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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 43200 - 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
Familiarise yourself with the latest trends and developments in the reinsurance market. This knowledge will not only help you during interviews but also demonstrate your commitment to staying updated in a rapidly evolving field.
✨Tip Number 2
Network with professionals in the reinsurance industry, especially those who have experience in purchasing or broking. Attend industry events or join relevant online forums to build connections that could provide valuable insights and potential referrals.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully managed relationships with brokers and reinsurers in the past. Highlighting your ability to secure optimal outcomes will showcase your suitability for this role.
✨Tip Number 4
Demonstrate your organisational skills by preparing a mock report or presentation on a reinsurance strategy. This will not only help you articulate your thoughts clearly but also show your proactive approach to problem-solving.
We think you need these skills to ace Reinsurance Purchasing Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your 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 strong communication skills and your 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 Relevant Experience: When detailing your work history, focus on your achievements related to reinsurance purchasing. Include any experience you have in preparing reports for senior stakeholders and how you've contributed to budgetary planning.
Proofread Your Application: Before submitting your application, carefully proofread all documents to ensure there are no errors. A polished application reflects your attention to detail, which is crucial for the role of Reinsurance Purchasing Manager.
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 specific examples from your past experience that demonstrate your expertise in placement or broking.
✨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 share any tools or methods you use to stay organised.
✨Prepare for Strategic Discussions
Since the role involves strategic planning, think about how you would approach developing a reinsurance purchasing strategy. Be ready to discuss your thought process and any relevant experiences where you've contributed to strategic initiatives.
