Entry-Level Reinsurance Broker – PI & Contingency

Chedid Re

Dubai

On-site

AED 180,000 - 300,000

Full time

14 days+

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Job summary

Chedid Re, a company of Chedid Capital, is looking for a Broker within its PI & Contingency department. The role involves performing brokerage activities including reviewing and analyzing submissions, negotiating with insurers and reinsurers, managing renewals, and supporting placement activities.

Joining our 1700 dynamic team member, spread among 64 subsidiaries worldwide, offers you endless growing opportunities.

Qualifications

Bachelor's degree in insurance, business administration, finance, or related field.
0–2 years of experience in insurance, reinsurance, or a similar field.
Basic understanding of insurance and reinsurance principles.
Good analytical, communication, and negotiation skills.
Ability to manage multiple tasks and meet deadlines.
Strong attention to detail and organizational skills.
Proficiency in Microsoft Office applications and relevant business systems.

Responsibilities

Review submissions to identify discrepancies and missing information for small accounts.
Coordinate with insurers to gather information and analyze requirements for small accounts.
Prepare proposal components to cedants, including pricing, terms, and conditions, for small accounts.
Forward quotations and support to cedants in accordance with agreed instructions.
Follow up with cedants and markets to maximize the likelihood of securing firm orders.
Confirm cover bound to cedants and issue binding slips.
Attend to client requirements relating to endorsements and mid-term changes.