Ceded Reinsurance Associate in London

Ceded Reinsurance Associate in London

London Full-Time 40000 - 50000 £ / year (est.) No working from home possible
Westfield Specialty International

At a Glance

  • Tasks: Liaise with stakeholders to facilitate reinsurance purchases and build strong relationships.
  • Company: Join Westfield, a global leader in property and casualty insurance since 1848.
  • Benefits: Enjoy a supportive culture with recognition, career growth, and diverse opportunities.
  • Other info: Be part of a collaborative team that values excellence and ambition.
  • Why this job: Make an impact in the insurance industry while developing your analytical and communication skills.
  • Qualifications: 3 years of insurance experience and strong IT skills required.

The predicted salary is between 40000 - 50000 £ per year.

Liaise with internal and external stakeholders to facilitate purchasing of Reinsurance. Assist with packs, submissions and daily arrangements. Engage with Reinsurance market, building strong relationships across all areas of the business.

Communication skills – ability to communicate clearly with internal stakeholders and external partners and brokers at all levels, both verbally and in writing.

Administrative skills – highly organised and able to prioritise tasks effectively. Applicants should have excellent attention to detail and an ability to meet deadlines.

Presentation skills – ability to present to internal and external stakeholders.

Analytical skills – numerically literate and able to analyse data.

Compliance – ability to ensure compliance with all management and regulatory frameworks.

Judgement / Decision-making skills – ability to approach problems logically, rationally and evaluate quantitative and qualitative data to assist with purchasing decisions.

Relationship building – ability and confidence to establish and maintain excellent relationships with external stakeholders (such as brokers, and reinsurers).

This job description describes the general nature and level of work performed in this role. It is not intended to be an exhaustive list of all duties, skills, responsibilities, knowledge, etc. These may be subject to change and additional functions may be assigned as needed by management.

Qualifications & Experience

  • +/- 3 years Insurance experience, knowledge of multiple product lines, Lloyd’s market experience preferable
  • ACII qualification or working towards.
  • A Levels or equivalent.
  • Excellent IT skills – including intermediate Excel (ability to use formulas effectively and produce graphical data), and other Windows Office products.
  • Strong numerical skills.

Ceded Reinsurance Associate in London employer: Westfield Specialty International

Westfield is an exceptional employer that fosters a collaborative and innovative work culture, particularly for the Junior Exposure Analyst role. With a strong commitment to employee growth, you will have access to continuous learning opportunities in the dynamic sectors of Oil & Gas and Renewable Energy, all while working in a supportive environment that values diversity and inclusion. Located in a vibrant area, Westfield also offers unique advantages such as participation in industry forums and conferences, enhancing both your professional network and industry awareness.

Westfield Specialty International

Contact Details:

Westfield Specialty International Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Ceded Reinsurance Associate in London

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 Westfield Specialty International. 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 Ceded Reinsurance Associate in London

Communication Skills
Administrative Skills
Attention to Detail
Presentation Skills
Analytical Skills
Compliance Knowledge
Judgement / Decision-Making Skills

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 Westfield Specialty International.

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 Westfield Specialty International'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 Westfield Specialty International

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 Westfield Specialty International.

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 Westfield Specialty International 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 Westfield Specialty International 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.