Job Information

Job Title: Broker International Facultative Reinsurance

Location : London City Salary to £75,000 : DOE

Candidates must be able to converse in Spanish

Job Summary: Our client in the London Market are a Lloyds Broker based within the City of London. With international reach as a Broker, you will join a sociable and friendly team handling reinsurance risks including Facultative, Excess of Loss reinsurance across all lines.


Key Responsibilities:

• Has a direct focus on growing existing and new Facultative broking production - producing business and assisting in the development of sales and marketing strategy designed to cultivate revenue generation opportunities
• Develops comprehensive new business sales and development plans for identified targeted prospects and existing clients
• Strong Facultative (FAC) Property market knowledge
• Drives a strong client service and team leadership
• Achieves high client satisfaction by providing exceptional service
• Fosters and promotes a team approach to both internal and external business relationships
• To communicate with co-brokers, cedants and reinsurers via e-mail and telephone.
• To process new risks (assessment of all information sent, giving additional questions to be able to present the risk to underwriters, translation of information from Russian into English, drafting MRC and/or a risk submission.
• To send the ready submission to Continental reinsurers.
• To broke risks with Lloyd`s underwriters.
• To prepare all final documentation (slips, signing pages, cover-notes, debit-notes) and to make sure it is duly signed and stamped.
• To register all placed risks in TAM and in the tracker.
• To submit premiums to Xchanging and deal with their queries.
• To advise the Accounting department on any incoming premiums in order to be allocated accordingly and to instruct on Net premiums due to Reinsurers and/or any co-brokerage.
• To order, obtain apostille and post Certificates of Lloyd`s Syndicates to our co-brokers/ to avoid double taxation
• To provide our partners with any information/documents required for compliance purposes and to request and collect the same information/documents from our partners required by DIG Compliance.

Skills & abilities

• Excellent knowledge and understanding of commercial property insurance
• Exceptional interpersonal skills with capability to interact with major clients to cultivate and maintain strong relationships
• Excellent communicator (both verbally and in writing) with internal and external clients
• Entrepreneurial attitude with keen negotiation, business acumen and problem-solving skills
• Ability to work independently as a self-starter; committed to delivering the highest in client service, quality and results
• Ability to travel
• Spanish speaking

Knowledge and Experience
A minimum of 10 years reinsurance broking commercial lines experience, with a focus on property insurance with large facultative property risk

• Strong organisation and time management skills, able to multi task and manage projects
• Previous formal or informal experience in managing teams or direct reports
• Expert with top notch client relationship management capabilities

If you wish to apply for the position please complete the link and a consultant from Cameron James will be in contact with you