At a Glance
- Tasks: Manage relationships and negotiate placements for Marine reinsurance clients in Asia.
- Company: Join a leading reinsurance firm committed to diversity and inclusion.
- Benefits: Competitive salary, flexible work environment, and opportunities for professional growth.
- Other info: Work with a supportive team and enjoy a culture of integrity and openness.
- Why this job: Make an impact in the dynamic world of reinsurance while developing your skills.
- Qualifications: Degree and proven experience in Reinsurance Broking or Underwriting required.
The predicted salary is between 60000 - 80000 £ per year.
Senior Broker responsible for Marine reinsurance clients and prospects in Asia with accountability for retention of clients and new business development.
Responsibilities
- Understand a client or prospect’s business, situations, opportunities, problems and key issues.
- Manage relationships and negotiate placement with the reinsurance market.
- Prepare client and prospect presentations considering the impact of client profitability.
- Work with account executives and associated teams to determine appropriate solutions and structure and price the deal.
- Identify appropriate markets and determine placing strategy.
- Create and grow relationships with underwriters in London and international markets.
- Price and design conceptual programmes.
- Ensure ongoing compliance with internal guidelines and procedures.
- Provide technical, industry and subject matter expertise.
Qualifications
- Degree, ACII or equivalent qualifications.
- Proven track record in Reinsurance Broking or Underwriting.
- Good knowledge of the Reinsurance market in Asia.
- Excellent communication, negotiation and interpersonal skills.
- Excellent technical skills and presentation abilities.
- Ability to assimilate and apply large volumes of information rapidly.
- Negotiation skills, flexibility and innovation.
- Ability to work independently and as part of a wider team.
- Strong prioritisation, deadline management and work under pressure.
- Comfortable explaining complex concepts and making recommendations.
- Capacity to forge links between broking and client servicing teams.
- Adaptable personal style to work effectively with a wide range of clients, colleagues and underwriters.
- Prepared to work with integrity and openness, always complying with FCA requirements.
- Good IT skills with excellent Excel usage capability.
Equal Opportunity Employment
Willis Re is committed to embracing a diverse, inclusive and flexible work environment. We provide equal opportunity to all qualified individuals regardless of race, colour, religion, age, gender, gender expression, national origin, veteran status, disability, orientation or any other legally protected categories.
Senior Broker employer: Willis Re (UK) Limited
Willis Re is an exceptional employer, offering a dynamic work culture that prioritises diversity and inclusion while fostering professional growth. As a Senior Broker in Asia, you will benefit from unparalleled opportunities to develop your expertise in the marine reinsurance market, collaborate with top-tier professionals, and engage with international clients, all within a supportive environment that values integrity and innovation.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Broker
✨Tip Number 1
Network like a pro! Reach out to your connections in the reinsurance industry, especially those in Asia. Attend industry events or webinars to meet potential clients and underwriters – you never know who might be your next big opportunity!
✨Tip Number 2
Showcase your expertise! Prepare a killer presentation that highlights your understanding of marine reinsurance and the specific challenges faced by clients in Asia. Tailor your pitch to demonstrate how you can solve their problems and add value.
✨Tip Number 3
Follow up like a champ! After meetings or networking events, send a quick thank-you email and keep the conversation going. This shows your commitment and helps you stay top-of-mind for any future opportunities.
✨Tip Number 4
Don’t forget to apply through our website! We’re always on the lookout for talented individuals like you. Keep an eye on our job listings and make sure your application stands out by highlighting your relevant experience and skills.
We think you need these skills to ace Senior Broker
Some tips for your application 🫡
Know Your Audience:Before you start writing, take a moment to understand who you're addressing. Tailor your application to reflect the needs and values of our team at StudySmarter. Show us that you get what we're about!
Highlight Relevant Experience:Make sure to showcase your experience in reinsurance broking or underwriting, especially in the Asian market. We want to see how your background aligns with the role of Senior Broker, so don’t hold back on those achievements!
Be Clear and Concise:When it comes to your written application, clarity is key. Use straightforward language and avoid jargon where possible. We appreciate a well-structured application that gets straight to the point without fluff.
Show Your Personality:We love a bit of character! Let your personality shine through in your application. Whether it's your negotiation skills or your ability to build relationships, make sure we can feel your passion for the role and the industry.
How to prepare for a job interview at Willis Re (UK) Limited
✨Know Your Clients Inside Out
Before the interview, dive deep into understanding the clients and prospects you'll be working with. Familiarise yourself with their business models, challenges, and opportunities in the marine reinsurance sector. This will not only show your commitment but also help you articulate how you can add value to their specific situations.
✨Master the Art of Negotiation
Since negotiation is key in this role, prepare by reviewing successful negotiation strategies and techniques. Think of examples from your past experiences where you successfully negotiated placements or resolved conflicts. Be ready to discuss these during the interview to demonstrate your skills.
✨Showcase Your Technical Expertise
Brush up on your technical knowledge related to reinsurance and be prepared to discuss complex concepts clearly. You might be asked to explain how you would structure a deal or price a programme, so practice articulating your thought process in a straightforward manner.
✨Build Rapport with Interviewers
Remember, this role involves relationship management, so use the interview as an opportunity to showcase your interpersonal skills. Engage with your interviewers, ask insightful questions, and demonstrate your adaptability in communication styles. This will help them see you as a potential team player who can forge strong links with clients and colleagues alike.
