VP/SVP/EVP, Reinsurance Program Broker
2 weeks ago
Gallagher Re is seeking a highly skilled and experienced Reinsurance Program Broker to join our team. As a key member of our Program broking team, you will be responsible for servicing existing accounts, as well as new business production and new product development for all lines of non-life coverage.
Key Responsibilities- Partner with the Production broking leads, actuaries and cat modelers to analyze insurance risks on a portfolio level in order to advise clients on reinsurance treaty structures to mitigate downside risk and improve capital efficiency.
- Negotiate and place reinsurance treaties utilizing markets from the US, London, Bermuda and around the world.
- Facilitate underwriting and claims audits of insurance clients.
- Ensure company, market and client related documentation is issued (internally and externally) accurately and on time.
- Comply with external and internal regulatory and statutory policies, procedures and regulations.
- Coordinate internal resources, such as analytics, contracts and client services to provide solutions to client(s).
- Meet with senior managers of client companies to present materials and strategies.
- Act as liaison between Insurers and Reinsurers to handle day to day administration of client accounts; responsible for daily coordination of service and support to assigned accounts.
- Be a Thought Leader- conduct research on industry topics and develop content to be shared with Clients and Prospects.
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Education and/or Experience:
Bachelor's degree (B. A.) from four-year College or university. 5+ years of work experience, preferably in Property and Casualty insurance, specialty reinsurance or consulting.
Prior reinsurance experience preferred but not required.
Experience giving presentations to clients and internal groups.
Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations.
Proven client relationship management experience with C-Suite
Proficiency with mathematical concepts such as probability and statistical inference
Ability to apply fractions, percentages, ratios, percentiles and proportions to practical situations.
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