Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Lead reinsurance purchasing and support strategic planning for the ORI team.
- Company: Join Chaucer Group, a leader in innovative reinsurance solutions.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Opportunity for continuous improvement and collaboration with industry experts.
- Why this job: Make a real impact in reinsurance while developing your skills and career.
- Qualifications: Experience in reinsurance purchasing and strong commercial skills required.
The predicted salary is between 60000 - 80000 £ per year.
To support the Head of ORI with long term planning and developing the ORI strategy.
To provide support and guidance to the LoB ORI teams.
Facilitate continuous improvement across the ORI team for purchasing practices and processes.
Responsibility for the placement of certain outwards reinsurance programmes, as agreed with the Head of ORI.
Main duties:
- Consult to Head of Outwards Reinsurance on long term plan and supporting strategic direction.
- Reviewing ORI programme efficacy and looking at alternate options.
- Exploring alternate products / solutions.
- Support the LoB teams on structuring and coverage of programmes (broadening their knowledge and supporting development).
- Develop and share best practice across the LoB ORI teams.
- Review / enhance purchasing processes and practices.
- Assist the Head of Outwards Reinsurance / LoB Heads with the RFP process.
Skills, Knowledge and Experience:
- Reinsurance purchasing experience (preferably including Casualty).
- Good Reinsurer and broker relationships.
- Good technical understanding of Reinsurance.
- Good understanding of best practice.
Skills & Knowledge:
- Strong commercial and technical skills.
- Proactive problem solving, effective collaboration and escalation.
- Ability to analyse and understand RI Pricing / Rating.
- Good understanding of inwards (ideally Casualty) business / coverages.
- Continuous improvement mindset.
- Awareness of risks and controls.
Qualifications:
- ACII qualified (or equivalent).
Personal skills:
- Self-motivated.
- Professional and flexible outlook.
- Very good.
Reinsurance Purchasing Lead - Chaucer Group in London employer: eFinancialCareers
Contact Detail:
eFinancialCareers Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Reinsurance Purchasing Lead - Chaucer Group in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the reinsurance industry, especially those who might know someone at Chaucer Group. A friendly chat can open doors that a CV just can't.
✨Tip Number 2
Prepare for the interview by diving deep into Chaucer's recent projects and their ORI strategy. Show us you’re not just another candidate; demonstrate your knowledge and passion for their mission!
✨Tip Number 3
Practice your problem-solving skills! Think of scenarios where you had to enhance purchasing processes or improve team collaboration. We love hearing about real-life examples that showcase your proactive mindset.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re serious about joining the team at Chaucer Group.
We think you need these skills to ace Reinsurance Purchasing Lead - Chaucer Group in London
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter to highlight your reinsurance purchasing experience. We want to see how your skills align with the role, so don’t be shy about showcasing your relevant achievements!
Showcase Your Relationships: Since good reinsurer and broker relationships are key, mention any connections you have in the industry. We love seeing candidates who can leverage their network to enhance our team's effectiveness.
Demonstrate Your Problem-Solving Skills: We’re looking for proactive problem solvers! Use examples from your past experiences where you’ve tackled challenges or improved processes. This will show us that you have the right mindset for continuous improvement.
Apply Through Our Website: Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at eFinancialCareers
✨Know Your Reinsurance Inside Out
Make sure you brush up on your reinsurance knowledge, especially around purchasing practices and processes. Familiarise yourself with the latest trends in the industry, as well as any recent changes in regulations that could impact the role.
✨Showcase Your Relationships
Since good reinsurer and broker relationships are key, be prepared to discuss how you've built and maintained these connections in your previous roles. Share specific examples of how these relationships have benefited your past employers.
✨Demonstrate Problem-Solving Skills
Be ready to talk about a time when you faced a challenging situation in reinsurance purchasing. Highlight your proactive problem-solving approach and how you collaborated with others to find effective solutions.
✨Prepare for Technical Questions
Expect technical questions related to reinsurance pricing and rating. Brush up on your analytical skills and be prepared to discuss how you would approach evaluating programme efficacy and exploring alternate options.