At a Glance
- Tasks: Broker casualty reinsurance programs and build strong client relationships across the Middle East.
- Company: Join Guy Carpenter, a leading global risk advisory and reinsurance specialist.
- Benefits: Professional development, inclusive culture, and flexible hybrid work options.
- Why this job: Make an impact in a dynamic team while expanding your career in reinsurance.
- Qualifications: Experience in insurance markets, strong casualty background, and negotiation skills.
- Other info: Collaborative environment with opportunities for growth and learning from industry experts.
The predicted salary is between 36000 - 60000 £ per year.
Guy Carpenter in London is seeking a resourceful and proactive Reinsurance Broker with experience in Middle East markets and a strong focus on expanding our footprint in Africa. Join our dynamic and collaborative IMEA team, where you will broker treaty reinsurance programs specialising in casualty lines of business across the IMEA region.
This role involves developing, placing, and servicing casualty reinsurance programs while working closely with cedants, reinsurers, and internal analytics teams to deliver competitive and innovative solutions. We welcome candidates with insurance market experience who possess a strong casualty background and a genuine interest in transitioning into the reinsurance sector.
Responsibilities- Support the renewal and placement of casualty reinsurance programs for regional and multinational clients and prospects across the Middle East markets, including travel to these regions as needed.
- Engage with clients to understand their evolving casualty risk needs, fostering strong, lasting relationships.
- Negotiate pricing, terms, and conditions with reinsurers to secure favourable outcomes for clients in the casualty space.
- Prepare placement slips, cover notes, and contracts specific to casualty treaty business.
- Monitor and follow up on contract documentation to ensure timely and accurate processing.
- Build and maintain strong relationships with insurance companies, MGAs, and reinsurers across the Middle East.
- Identify new business opportunities, market trends, and emerging casualty risks within the region.
- Lead the placement of casualty reinsurance programs (treaty and/or facultative), including general liability, motor liability, workers' compensation, professional liability, medical malpractice, and other specialty casualty lines.
- Develop placement strategies that maximise capacity, pricing efficiency, and coverage quality for clients.
- Negotiate terms and conditions with global and regional reinsurers.
- Collaborate closely with actuarial, modeling, and analytics teams to interpret portfolio data, assess risk profiles, and structure optimal reinsurance solutions.
- Monitor regulatory and legal developments impacting casualty business within the region.
- Solid knowledge of the insurance or reinsurance market, with a focus on casualty lines.
- Preferably experience broking casualty treaty reinsurance programs; however, candidates from the insurance industry with a strong casualty background will also be considered.
- ACII qualification preferred or actively working towards it.
- Experience with Middle Eastern insurance markets, regulatory environments, and local business practices is highly desirable; candidates from other regions such as APAC or North America will also be considered.
- Proven negotiation skills and established relationships with regional carriers and global reinsurers.
- Preferable knowledge of Pro Rata and Excess of Loss (XoL) treaties.
- Excellent communication, presentation, and client-facing skills.
- Fluency in English is essential; Arabic and/or French language skills are advantageous.
- Previous experience or familiarity with Middle East insurance and reinsurance markets.
- Proven track record of successfully broking casualty treaty reinsurance programs.
- Commercially minded with a strong client-service orientation.
- Confident in building relationships across cultures and markets.
- A team player who thrives in a fast-paced international environment.
We help you be your best through professional development opportunities, interesting work and supportive leaders. We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities. Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.
At Guy Carpenter, you can be your best. We work on challenges that matter with colleagues who help bring out our best. Our uniquely collaborative environment will empower you to focus on your personal and professional success, learning from top specialists in the (re)insurance industry and leading you towards a rewarding and impactful career.
Guy Carpenter, a business of Marsh McLennan (NYSE: MMC), is a leading global risk advisory and reinsurance specialist and broker. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective.
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.
Marsh McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one "anchor day" per week on which their full team will be together in person.
Reinsurance, Casualty Broker in London employer: Guy Carpenter
Contact Detail:
Guy Carpenter Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Reinsurance, Casualty Broker in London
✨Tip Number 1
Network like a pro! Get out there and connect with industry professionals, especially those in the Middle East and Africa. Attend events, join online forums, and don’t be shy about reaching out on LinkedIn. The more people you know, the better your chances of landing that reinsurance broker role.
✨Tip Number 2
Show off your skills! Prepare a portfolio or case studies showcasing your past successes in casualty lines. When you meet potential employers, having tangible examples of your work can really set you apart and demonstrate your expertise.
✨Tip Number 3
Be proactive! Don’t just wait for job openings to pop up. Reach out directly to companies you’re interested in, like Guy Carpenter, and express your enthusiasm for their work. A little initiative can go a long way in making a memorable impression.
✨Tip Number 4
Keep learning! Stay updated on market trends and emerging risks in the casualty space. Consider taking relevant courses or certifications to boost your knowledge and show potential employers that you’re committed to your professional growth.
We think you need these skills to ace Reinsurance, Casualty Broker in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to highlight your experience in casualty lines and reinsurance. We want to see how your background aligns with the role, so don’t be shy about showcasing relevant skills and achievements!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about transitioning into reinsurance and how your experience in the Middle East markets can benefit us at Guy Carpenter.
Showcase Your Negotiation Skills: Since negotiation is key in this role, make sure to include examples of successful negotiations you've led in your application. We love seeing how you’ve secured favourable outcomes for clients in the past!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at Guy Carpenter
✨Know Your Casualty Lines
Make sure you brush up on your knowledge of casualty lines, especially those relevant to the Middle East and Africa. Be prepared to discuss specific types of casualty reinsurance programs, like general liability or workers' compensation, and how they apply to the markets you'll be working in.
✨Showcase Your Negotiation Skills
Since negotiation is key in this role, think of examples from your past experiences where you've successfully negotiated terms with clients or reinsurers. Highlight your approach and the outcomes, as this will demonstrate your capability to secure favourable results for clients.
✨Build Relationships
Emphasise your ability to build and maintain strong relationships with clients and reinsurers. Prepare to share stories that illustrate your interpersonal skills and how you've fostered long-lasting connections in previous roles, particularly in diverse cultural settings.
✨Stay Updated on Market Trends
Research current trends and emerging risks in the casualty reinsurance market, especially within the IMEA region. Being able to discuss these insights during your interview will show that you're proactive and genuinely interested in the industry, which can set you apart from other candidates.