Junior Reinsurance Broker
2 weeks ago
Baalnak Reinsurance Consultants provides innovative reinsurance solutions to a diverse group of commercial customers in Latin America. The brokerage team has decades of experience delivering creative Cargo, Property, S&T and Casualty placements throughout Central and South America. Baalnak offers speed, simplicity, and the flexibility to adapt to the specific requirements of clients, always responding to their individual needs.
The team has more than 25 years of experience innovating in the Miami market. They have spent these years cultivating the expertise, capacity, and support network that allows them to set the sector standard for providing bespoke solutions to local and international clients of all sizes.
Baalnak serves the market with intermediation and cargo capacity, and since 2023 also as a Lloyd’s Broker. Becoming a Lloyd’s Broker opens new opportunities for Baalnak to deliver a wider range of alternative solutions to both clients and underwriters, reaffirms their position as a trailblazer in the Reinsurance Market and showcases their commitment to delivering exceptional services to clients.
Position Overview
We are seeking a motivated and detail-oriented Junior Broker to join our dedicated team. As a Junior Broker focused on the Latin America and Caribbean markets, you will play a crucial role in supporting senior brokers, analyzing risk, and facilitating the placement of reinsurance contracts. This position offers a unique opportunity for career growth within a dynamic environment.
Key Responsibilities
· The candidate will contribute pro-actively to the handling and development of our current portfolio, as well as acquiring new relationships.
· The candidate will be involved in processing all new business and renewals.
· Assist in evaluating and assessing risks associated with insurance portfolios. Utilize analytical tools and financial models to provide insights into risk management strategies.
· Daily tasks include liaison with clients and underwriters also will be preparing slips.
· Prepare and review documentation related to reinsurance contracts, ensuring accuracy and compliance with regulatory requirements. Maintain organized records of client interactions and transactions.
Qualifications
· At minimum a completed Bachelor’s Degree (preferable Business Administration, Marketing, Economics related, Finance related)
· Understanding of reinsurance principles, insurance and risk concepts, and problem-solving skills.
· Excellent Analytical, independent, pro-active and conceptually minded.
· Candidates must have the ability to multi-task and have an excellent reputation in maintaining and developing client relationships.
· Strong communication and interpersonal skills.
· Ability to work in a collaborative team environment.
· Proficiency in Spanish and English.
Why Join Us
· Opportunity for professional growth within an experienced reinsurance brokerage firm which will provide appropriate reinsurance training.
· Exposure to diverse markets with a focus on Latin America and the Caribbean.
· Modern, collaborative, and dynamic environment with excellent opportunities for personal development and foreign work experience
· Competitive compensation and benefits package.
If you are a motivated individual with a passion for the reinsurance industry and a keen interest in serving the Latin America and Caribbean markets, we invite you to apply for the Junior Broker position at Baalnak. Join us in shaping the future of reinsurance solutions in these dynamic regions.
To apply, please submit your resume and a cover letter detailing your relevant experience and language proficiency. We look forward to welcoming a dedicated and enthusiastic individual to our team.
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