At a Glance
- Tasks: Manage reinsurance placement and collaborate with key stakeholders to negotiate and execute purchases.
- Company: Join a leading Specialty Insurer with a commitment to innovation and growth.
- Benefits: Competitive salary, dynamic work environment, and opportunities for professional development.
- Other info: Exciting career growth opportunities in a rapidly expanding organisation.
- Why this job: Make a real impact in the insurance industry while working with top professionals.
- Qualifications: 5+ years in reinsurance placement and strong numerical skills required.
The predicted salary is between 60000 - 80000 £ per year.
Locations: UK - London (St Botolph)
Time Type: Full time
Posted on: Posted Today
Job Requisition ID: 2026-350
Reporting to: Head of Ceded Re
Location: Fenchurch Street, London
Position Type: Permanent
Why Standing still is not an option in the current world of Insurance. TMHCC are one of the world’s leading Specialty Insurers. With deep expertise in our chosen lines of business, our unparalleled track record and a solid balance sheet, TMHCC evaluates and manages risk like no one else in the industry. Looking beyond profit, empowering our people and delivering on our commitments are at the core of our customer values, and so is a desire to grow and provide creative and innovative solutions to our clients.
Job Purpose: To manage Reinsurance Placement across allocated TMHCC lines of business and provide support to across the organisation. The position will work alongside key stakeholders to prepare for, negotiate, execute and report on reinsurance purchases. This will include working closely with Head of Line Underwriters, executive management (CEO and CUO) and reinsurance brokers throughout placement of our outwards reinsurance programmes to support efficient and effective execution. This will involve close collaboration with our Reinsurance Operations team, UW Performance team (actuarial and cat modelling), Claims, Finance and wider role will also provide support of internal intracompany (within TMHCC) and intragroup (within Tokio Marine Group) inwards and outwards reinsurance placements where applicable.
Key Responsibilities:
- Key point of contact on outwards reinsurance for internal stakeholders, brokers and reinsurers.
- Co-ordinate and/or produce reinsurance submissions, in collaboration with underwriting teams and reinsurance brokers.
- Development of reinsurance summaries and schematics, monitoring actual spend vs expected spend and coverage.
- Produce reinsurance purchasing and strategy reports for the Executive and the Board.
- Maintain repository of all XoL and QS outwards reinsurance contracts including intracompany and intragroup contracts (inwards and outwards).
- Work with reinsurance wordings experts and provide input into drafting and review of reinsurance contracts, slips, wordings, and clauses. Assist with ensuring receipt of evidence of cover from the brokers and that reinsurance markets are approved by the TMHCC Reinsurance Security Committee (Houston).
- Manage underwriting and executive approvals and signoffs.
- Assist operations teams with estimating reinsurance recoveries and reinsurance advice to the brokers and reinsurers.
- Monitor collateral positions where appropriate and provide input and calculations for expected or requested collateral releases.
- Assist various areas of the business with scenario analyses to help estimate net positions, ensuring net loss estimates are consistent with contract wordings.
- Liaise with Lloyd’s or other regulators regarding reinsurance purchase or strategy where required and review regulatory returns.
- Work with Actuarial and Risk teams to ensure reinsurance programmes are accurately represented in the capital model (Houston, London and Japan).
Skills and Experience Specification:
Essential:
- Ideally 5+ years of experience and expertise in reinsurance placement.
- Strong understanding of reinsurance contract wording.
- Strong numerical skills and high attention to detail.
- High level of competency with Microsoft Excel.
- Experience working with senior stakeholders throughout the business.
- Ability to work collaboratively with cross-departmental teams to achieve common goals.
- Ability to work to tight deadlines.
- Excellent presentational skills and organizational skills.
- Professional approach and delivery of work product.
- Energy, enthusiasm, persistence and adaptability.
- Excellent interpersonal and communication skills.
Desirable:
- Experience and market knowledge with some or all of TMHCC’s core lines of business.
- Proficiency working with catastrophe modelling output e.g. RMS.
- Experience with Power BI or other data visualisation software.
- Ability to review and interpret key regulatory returns e.g. Schedule F, Lloyd’s SRS.
What We Offer: The Tokio Marine HCC Group of Companies offers a competitive salary and employee benefit package. We are a successful, dynamic organization experiencing rapid growth and are seeking energetic and confident individuals to join our team of professionals. The Tokio Marine HCC Group of companies is an equal opportunity employer.
Reinsurance Placement Manager in London employer: Tokio Marine HCC
Contact Detail:
Tokio Marine HCC Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Reinsurance Placement Manager in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the reinsurance industry and let them know you're on the lookout for opportunities. You never know who might have the inside scoop on a job opening or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its recent projects. Show that you understand their business and how your skills as a Reinsurance Placement Manager can add value. Tailor your responses to highlight your experience with stakeholders and contract negotiations.
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or mentors to refine your answers and boost your confidence. Focus on articulating your achievements in managing reinsurance placements and collaborating with cross-departmental teams.
✨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 genuinely interested in joining our team at TMHCC. Let's get you that dream job!
We think you need these skills to ace Reinsurance Placement Manager in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Reinsurance Placement Manager role. Highlight your relevant experience and skills, especially those that align with the job description. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you're passionate about reinsurance and how your background makes you a perfect fit for TMHCC. Keep it engaging and personal – we love a good story!
Showcase Your Skills: Don’t forget to showcase your strong numerical skills and attention to detail in your application. Mention any experience with Microsoft Excel or data visualisation tools like Power BI, as these are key for the role. We’re looking for someone who can hit the ground running!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way to ensure your application gets into the right hands. Plus, it shows us you’re serious about joining our dynamic team at TMHCC!
How to prepare for a job interview at Tokio Marine HCC
✨Know Your Reinsurance Inside Out
Make sure you brush up on your knowledge of reinsurance placement and contract wording. Familiarise yourself with TMHCC’s core lines of business and be ready to discuss how your experience aligns with their needs.
✨Showcase Your Stakeholder Management Skills
Prepare examples of how you've successfully collaborated with senior stakeholders in the past. Highlight your ability to communicate effectively and manage expectations, as this role requires working closely with executives and brokers.
✨Be Data Savvy
Since the role involves a lot of numerical analysis and reporting, ensure you're comfortable discussing your experience with Microsoft Excel and any data visualisation tools like Power BI. Bring examples of how you've used these skills to drive decisions.
✨Prepare for Scenario Analyses
Think about how you would approach scenario analyses related to reinsurance recoveries. Be ready to discuss your thought process and any relevant experiences, as this will demonstrate your analytical skills and attention to detail.