Senior Reinsurance Broker

"Looking to join a dynamic Africa-focused reinsurance broker offering hands-on experience, diverse business exposure, travel opportunities, private healthcare and performance based bonusses?"

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• To place new and renewal Reinsurance business for and on behalf of AAIS’s local offices, clients and producers.
• To ensure all broking related queries are handled promptly including but not limited to endorsements, NOC’s declarations/bordereaux and premium/claims queries, should the respective teams require.
• To successfully build and manage key relationships with all stakeholders including colleagues, clients, markets and surveyors if needed.
• To negotiate market terms on behalf of clients, analyse exposures and market appetites.
• To identify and develop knowledge of markets and their risk appetite with the purpose of placing more reinsurance business.
• To increase facultative business shares from all current clients.
• To assist allocated offices with product training and new business development.
• To ensure all broking related administrative tasks are handled promptly and accurately. This includes but is not limited to EOC’s Cover notes, Debit/Credit notes, Closings, Bordereaux, if applicable.

The job holder reports directly to the Head of Facultative Reinsurance. If unavailable, then to a Director.

• Achieve +95% renewal rate on allocated renewals.
• Meet allocated new business target.
• Achieve 20% growth on renewal book of the allocated local office.
• Timely and accurate placement of risks in the market.
• Timely and accurate issuance of documents to the client.
• Compliance with FCA guidelines, SOPs and internal policies.
• Achieve Facultative team target.

• Ensure that accurate records are kept up to date on renewals and new business on the centralised facultative sheets.
• Foster and maintain a collaborative and positive team atmosphere.
• Manage key market and client relationships.
• Identify and develop new market, product and new business opportunities.
• Ensure all renewal invites are sent out minimum 30 days before expiry.
• Ensure all client documentation is sent out a maximum of 2 weeks from binding.
• Ensure that the lead signed slip is sent to the client within 24 hours of receiving.
• Analyse markets to ensure optimum terms are acquired for risk placements on behalf of clients.
• Analyse, submit and/or decline risks, negotiate risk placement terms with reinsurers/ underwriters, communicate quotes to clients and negotiate quotes on behalf of clients in a timely manner.
• Oversee the correct issuance of all documentation pertaining to your accounts.
• Ensure all workflow is managed in a timely manner.
• Ensure comprehensive service is maintained for all facultative clients throughout the year.
• Adhere to company internal policies and procedures together with mandatory training requirements.
• Ensure effective handover of accounts during leave.

• Minimum 5 year of experience in the (re)
  Insurance Industry.
• Preferred but not required classes – Property, Engineering and Energy.
• CII Qualifications or equivalent preferred but not essential.
• Experience handling African Reinsurance preferred but not required.
• Being a team player is a must.

UK based candidates only, with right to work.

Please apply here or alternatively send your CV and cover letter to l

Job Types: Full-time, Permanent

• Monday to Friday

Monday to Thursday in the office – Friday’s from home