Reinsurance Broking Manager

AFR Asia Pacific Limited.; United Kingdom; On-site; GBP 30,000 - 50,000; Full time

Job summary

A leading insurance firm in the United Kingdom is looking for a professional to manage client servicing and marketing activities. The role involves identifying insurance requirements, designing risk management programs, and expanding business with existing clients. Candidates should have strong communication skills and a thorough understanding of the insurance industry.

Responsibilities

• Planning, organizing, supervising, and controlling client servicing and marketing activities.
• Identify clients' insurance and risk management requirements.
• Deliver oral and written presentations to clients and prospects.
• Secure renewal and expanded business from existing clients.
• Design and implement insurance program that meets clients' risk management requirements.

Job description

• Planning, organizing, supervising, and controlling client servicing and marketing activities. Ensure full compliance with all applicable regulations imposed by statute, the regulatory authorities, and the insurance/reinsurance broking industry.
• Identify clients/prospects` insurance and risk management requirements and potential for value-added services.
• Ensure that all deadlines and milestones as stated in the company manuals are strictly adhered to at all times.
• Deliver oral and written presentations to clients and prospects.
• Secure renewal and expanded business from existing clients.
• Design and implement insurance program that meets with the client`s risk management requirements.
• Respond to clients and prospects` enquiries inquiries by mail, telephone, and personal visits.
• Building rapport with clients through networking and regular contacts.
• Maintain and develop customer and prospect database.
• Networking with insurance and reinsurance companies to build better rapport.
• Negotiation with insurance and reinsurance companies to procure best coverage terms.
• Review of tender documents/quotations.
• Monitor collection of premium.
• Review renewal or other reports required by clients prior to issuance.
• Monitor issuance of policy documents by insurers and policy checking by Operations team for completeness and accuracy.
• Advise clients on important changes in the insurance market.
• Keep accurate and complete records.
• Attend to risk surveys.
• Monitor clients` claims such that they are handled expeditiously and the amounts offered for payment are based on policy terms and conditions.
• Attend claims meetings with insurers, loss adjusters, surveyors, lawyers or other parties when required.
• Attend training to further develop relevant knowledge and skills.