At a Glance
- Tasks: Broker treaty reinsurance for property, motor, and casualty lines in a collaborative team.
- Company: Join Guy Carpenter, a market leader with a vibrant and inclusive culture.
- Benefits: Professional development, interesting work, and supportive leaders to help you thrive.
- Other info: Opportunities for career growth and a commitment to diversity and inclusion.
- Why this job: Make an impact while building strong relationships in the insurance industry.
- Qualifications: Knowledge of the insurance market and strong interpersonal skills are essential.
The predicted salary is between 51750 - 63250 £ 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 or Israel.
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.
Responsibilities
- Supporting the renewal of reinsurance programs, focusing on regional and multinational clients and prospects.
- Engaging with clients to understand their needs and foster strong, lasting relationships.
- Assisting in designing tailored reinsurance programs that meet client requirements and placing business with client-approved reinsurers.
- Negotiating pricing, terms, and conditions with reinsurers to secure favourable outcomes for clients.
- Preparing placement slips, cover notes, and contracts as required.
- Monitoring and following up on contract documentation to ensure timely processing.
- Building and maintaining strong relationships with reinsurers, clients, and internal colleagues.
- Maintaining comprehensive knowledge of reinsurer capabilities, including product lines, capacity, and approvals.
- Staying informed of market conditions to better serve clients and negotiate optimal terms.
- Accurately documenting all correspondence in line with Guy Carpenter procedures.
- Managing reinsurance placement details efficiently through Guy Carpenter’s online portal (GC Market Place).
Requirements
- Solid knowledge of the insurance or (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.
Benefits
- 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.
- Equal Opportunity Statement
Marsh 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@marsh. com.
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Reinsurance Broker, Treaty - (Property, Motor & Casualty) employer: Guy Carpenter
At Guy Carpenter, we pride ourselves on being an excellent employer by fostering an inclusive culture that values collaboration and professional growth. Our London office offers a hybrid work model, allowing you to balance your personal and professional life while engaging in meaningful projects that impact our clients. With a commitment to employee development and a supportive team environment, you'll find ample opportunities to advance your career in the dynamic field of reinsurance.
StudySmarter Expert Advice🤫
We think this is how you could land Reinsurance Broker, Treaty - (Property, Motor & Casualty)
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Guy Carpenter. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Reinsurance Broker, Treaty - (Property, Motor & Casualty)
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Guy Carpenter.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Guy Carpenter's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Guy Carpenter
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Guy Carpenter.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Guy Carpenter will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Guy Carpenter employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
