Reinsurance FAC Broker

Harrison Holgate; London; Hybrid; GBP 100,000 - 125,000; Full time

Job summary

A successful global brokerage in London is seeking an experienced Facultative Property Broker to join their team. The role focuses on facultative lines across Property, Energy, and Terrorism, emphasizing European business. The ideal candidate will drive new business production and leverage established market relationships. Strong negotiation and communication skills are essential, with fluency in an additional European language being an advantage. The position offers competitive salary and benefits, with a hybrid working option.

Benefits

Comprehensive benefits package

Hybrid working option

Qualifications

• Proven experience in facultative reinsurance broking, preferably in Property, Energy or Terrorism.
• Strong understanding of short-tail FAC placements within European markets.
• Ability to work in a fast-paced, international broking environment.

Responsibilities

• Place facultative short-tail business across Property, Energy, and Terrorism lines.
• Develop and maintain relationships with insurers, reinsurers, and clients.
• Source new business opportunities contributing to portfolio growth.

Skills

Facultative reinsurance broking

Short-tail FAC placements

Business development

Negotiation skills

Communication skills

Relationship management

Fluency in an additional European language

Job description

Overview

Location: London / Hybrid Working

Salary & Benefits: Competitive, plus comprehensive benefits package

My client, a very successful global brokerage, is seeking an experienced Facultative Property Broker to join our growing team in London. This role will focus on short-tail facultative lines across Property, Energy, and Terrorism, with a strong emphasis on European business. The successful candidate will play a key role in placing risks and driving new business production, leveraging established market relationships and developing new opportunities.

Responsibilities

• Place facultative short-tail business across Property, Energy, and Terrorism lines, with a focus on European clients.
• Develop and maintain strong relationships with insurers, reinsurers, and clients in the London and international markets.
• Proactively source and produce new business opportunities, contributing to the growth of the portfolio.
• Negotiate terms, coverage, and pricing with underwriters to deliver the best outcomes for clients.
• Prepare and present market submissions, placing slips, and supporting documentation.
• Collaborate closely with colleagues across broking and technical teams to ensure seamless client service.
• Stay up to date with market trends, regulatory requirements, and product developments within the specialty lines.

Skills & Experience

• Proven experience in facultative reinsurance broking, ideally within Property, Energy, or Terrorism / Political Violence classes.
• Strong understanding of short-tail FAC placements, particularly within European markets.
• A track record of business development and production, with established insurer/reinsurer contacts.
• Excellent negotiation, communication, and relationship management skills.
• Ability to work effectively in a fast-paced, international broking environment.
• Fluency in an additional European language is a strong advantage.

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