A leading Lloyd's Managing Agency have a new Reinsurance Purchaser vacancy on. Responsibilities will include assisting the Outwards Reinsurance department, securing coverage, managing programmes and relationships for allocated parts of the Line of Business portfolio.
The successful applicant will have previous reinsurance purchasing experience. Experience of using XL Pro would be desirable (but isn't essential).
Duties and Responsibilities
Placement of outwards Reinsurance (both Excess of Loss and Proportional Treaty)
Analysis and review of prospective Reinsurance, evaluating portfolio risks and exposures
Review and agreement of placing slips
Maintaining good reinsurer and broker relationships
Production of reinsurance renewal information / exhibits
Review of underlying data for risk assessment and portfolio optimization
Regular (quarterly) account analysis
Provide information in order to respond to Reinsurer queries
Monitoring account developments
Provide cover across the Outwards Reinsurance Purchasers as required, with collaboration and flexibility to work on different programmes / across the broader team based on resourcing requirements.
