Netherlands Job Openings
WTW
Facultative Reinsurance Broker
Amstelveen
FULL TIME
October 21, 2024
Description
Responsibilities:
- Evaluate and analyze WTW risk transfer solutions to determine appropriate facultative reinsurance coverage solutions;
- Responsible for facultative reinsurance portfolio, including business development (WTW and non-WTW original insureds);
- Cultivate and maintain relationships with cedants, facultative reinsurance markets and other key external stakeholders;
- Mobilize, train and create awareness within the WTW organization to add Facultative reinsurance solutions as additional strategy for a total market approach;
- Negotiate terms and conditions for facultative reinsurance placements to ensure optimal coverage and pricing;
- Prepare and present comprehensive submissions to reinsurers, based on the needs and requirements of the cedants or original insured;
- Responsible for coordinating the administration of facultative reinsurance deals, using the available tools. Including supporting cedants with reinsurance requirements like Premium Payment Warranties;
- Coordinate governance and support claims team in processes on handling facultative reinsurance claims;
- Stay abreast of industry trends, market conditions, regulatory changes affecting facultative reinsurance.
- Cedants and WTW colleagues: Belgium and The Netherlands;
- Facultative Reinsurance markets: mostly but not limited to Continental Europe.
Qualifications
- Bachelor’s degree in business, finance or a related field;
- Proven experience in facultative reinsurance industry;
- Strong understanding of insurance and reinsurance principles, conditions, risk assessments and pricing;
- Excellent negotiation and interpersonal skills to build and maintain relationships;
- Analytical mindset with the ability to asses complex risk scenarios;
- Effective communication skills in English, both written and verbal.
- An attractive salary package;
- A great work environment within a dynamic and talented team;
- The ability to develop your expertise, competencies and professional stature, while the company invests in the tools and opportunities that allow for continual development;
- Flexible and supportive working styles, like hybrid working. Ask your recruiter to learn more about the possibilities;
- A diverse, global work environment where we believe that diverse teams make better decisions, are more creative and are better at solving complex problems;
- A supportive workplace that celebrates differences, fosters an inclusive culture and operates with openness and honesty.
Join us and experience an award-winning culture.
Interested?
Apply now via our career page with your CV and motivational letter.
WTW is an Equal Opportunity Employer
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