Broker Support - Global Casualty (Reinsurance)

  • Guy Carpenter
  • Dec 01, 2021
Full time Banking

Job Description

An excellent opportunity has arisen to work within our Global Casualty reinsurance team as Broker Support. Within this role, you will have access and exposure to a wide range of clients both global entities and London based businesses , you will actively participate in team, client and reinsurer meetings and gain experience from working with some of the leading professionals in our industry.We are looking for candidates who have casualty and professional liability experience, however, this is not limited to the (re)insurance sector only. We would like to hear from candidates working within the insurance sector also.This role presents a superb opportunity to learn and develop in reinsurance broking, with career pathway options through Broker Support, Contracts Specialism and Broking.What can you expect?You will be responsible for coordinating placement support activities and delivering proactive, valued support within practice. Broker Support prompts and monitors key activities and tasks throughout the reinsurance placement in order to promote efficient and timely compliance with our best practice processes.The nature of the role does require experience in Casualty business gained either from the insurance sectors.You will be actively engaged with both internal and external stakeholders, to deliver excellent and efficient service to our clients.What you will be rewarded with?Good work life balance with a competitive salary.Comprehensive benefits programs including: excellent pension contributions, private health insurance, pension, employee assistance program, career mobility, employee network groups, volunteer opportunities, and other programs.27 days' holiday with the option to buy or sell up to 5 days per year.We will rely on you to:Assist with reviews of client renewal information.Initiate the contract drafting process, updates and production of Final Contract Documentation.Drive full-cycle use of the e-trading platform GC Marketplace, from market submission and quoting through to confirming reinsurer participations.Assist brokers and prepare submissions, where required.Track placement status of assigned accounts and update information as necessary.Liaise with reinsurers to obtain following lines on a placement and in response to queries or requests, in conjunction with brokers.Wholesale broking into the London Market.Maintain core placement files to ensure we evidence all best practice procedures and compliance requirements.Respond to client requests for information (reinsurer, financial reports, industry issues, etc.)On boarding of new clients and markets.Key responsibility for compliance policies sanctions referrals, third parties, AML & ABC.Use of front-end broking systems.Monitor and report on business metrics.Build a strong relationship with our service team and an understanding of accounting, claims and proportional treaty administration.Actively participate in team, client and reinsurer meetings.What you need to have: Strong organisational skills and ability to prioritise workloadA keen attention to detail and accuracyA high level of communication skills, essential for establishing good working relationshipsFamiliarity with Microsoft Office Word, Excel, PowerPoint, OutlookWhat makes you stand out? Experience gained in casualty and professional liability insurance or reinsurance.Strong team payer with a positive can do attitudeEnjoy a strong office based cultureAbout Guy CarpenterGuy Carpenter & Company, LLC is a leading global risk and reinsurance specialist with more than 3,100 professionals in over 60 offices around the world. Guy Carpenter delivers a powerful combination of broking expertise, trusted strategic advisory services and industry-leading analytics to help clients adapt to emerging opportunities and achieve profitable growth. Guy Carpenter is a business of Marsh McLennan (NYSE: MMC), the world's leading professional services firm in the areas of risk, strategy and people. The company's 75,000 colleagues advise clients in over 130 countries. With annualized revenue approaching $17 billion, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading companies including Marsh, Mercer and Oliver Wyman. For more information, visit and follow Guy Carpenter on LinkedIn and embrace a culture that celebrates and promotes the many backgrounds, heritages and perspectives of our colleagues and clients regardless of their gender expression or identity, marital or civil partnership status, ethnic origin, nationality, age, background, disability, sexual orientation or beliefs. We are proud of our inclusive culture where everyone feels empowered to bring their whole selves to work and thrive. Learn more about our foundational values, mission and vision for the future by reviewing our Greater Good Policy.