Facultative Broker

The Role

We are currently looking to hire a Broker for our operation in the Caribbean.

Responsibilities

• Work with the broking team, actuaries, and cat modelers to analyze insurance risks in order to advise clients on facultative reinsurance structures to mitigate downside risk and improve capital efficiency.
• Negotiate and manage the placement of facultative reinsurance utilizing markets interested in underwriting Caribbean Risks
• Manage the coordination of 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.
• Cook up 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.
• The candidate will be expected to join the Property, Natural Resources and Construction Segment participating on the development of our global production strategy.
• Research on industry topics and the development of content to be shared with Clients and Prospects

Qualifications

• Bachelor’s degree
• 3 - 8 years of work experience in the insurance or reinsurance industry.
• Experience required in developing and giving strategy presentations to clients, reinsurers, and internal groups.
• Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists.