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 working with talented colleagues and creating innovative solutions.
- Qualifications: Knowledge of the insurance market and strong interpersonal skills are essential.
The predicted salary is between 51750 - 63250 £ per year.
Company
Guy Carpenter
Description
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.
We will count on you to
- 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).
- What you need to have
- 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.
Why join our team
- 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.
Marsh is committed to embracing a diverse, inclusive and flexible work environment.
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: MMC Ventures
Mercer is an exceptional employer that prioritises professional development and fosters a vibrant, inclusive culture in the heart of Hong Kong. With a commitment to hybrid work, employees enjoy the flexibility of remote collaboration while benefiting from engaging with talented colleagues and impactful projects. The company offers a range of career opportunities and rewards that enhance employee well-being, making it an ideal place for those seeking meaningful and rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land Reinsurance Broker, Treaty - (Property, Motor & Casualty)
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like MMC Ventures). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like MMC Ventures. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Reinsurance Broker, Treaty - (Property, Motor & Casualty)
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at MMC Ventures.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at MMC Ventures. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at MMC Ventures
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at MMC Ventures to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at MMC Ventures, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding MMC Ventures's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
