Reinsurance Purchaser

Job Description

Job Title - Reinsurance Purchaser

Job Market - Reinsurance / Insurance

Job Location - London


Reinsurance Purchaser - About the role

Looking for an experienced Reinsurance Purchaser, with a good understanding of the market dynamics and strong technical and communication skills. You will need to be able to run broker and reinsurers meetings and have good existing relationships with key brokers and reinsurers. The candidate would Ideally have experience in the Specialty classes

Reinsurance Purchaser - Key duties

Placement of outwards Reinsurance (both XoL and Proportional)
Analysis and review of prospective Reinsurance
Review and agreement of placing slips
Maintaining good reinsurer and broker relationships
Production of reinsurance renewal information / exhibits
Review of underlying data
Regular (quarterly) account analysis
Provide information in order to respond to Reinsurer queries
Monitoring account developments
Manage the relationships with Customers, Agents and Service Providers:
Advise, assist and service customers on insurance and risk matters to promote customers’ satisfaction;

Reinsurance Purchaser - Key requirements

Reinsurance purchasing experience
Good Reinsurer and broker relationships
Ability to analyse and understand RI Pricing/Rating
Experience of Adobe X Pro

ACII qualified or actively studying