Reinsurance Placement Officer

Harrison Holgate; City Of London; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A leading insurance agency in the City of London is looking for a Reinsurance Placement Officer to co-ordinate and administer reinsurance placements. The ideal candidate will have experience in ceded re placements, understanding of market trends, and familiarity with Excess of Loss and Quota Share Treaties. This is a hybrid position offering the opportunity to impact multi-entity carriers across various classes of business.

Qualifications

• Prior experience in Ceded Re placement function.
• Familiarity with Excess of Loss and Quota Share Treaties.
• Experience in facilitating placements for multi-entity carriers.
• Knowledge of post-placement operations and reporting.

Responsibilities

• Co-ordinate reinsurance placements efficiently.
• Administer reinsurance placement processes.
• Ensure satisfactory audit documentation.
• Contribute to team and take ownership of placements.

Skills

Ceded Re placement experience

Understanding of contract wordings

Market trends knowledge

Experience in the London Insurance Market

Job description

A Lloyd's Managing Agency have a new opening for a Reinsurance Placement Officer. You will help to co-ordinate reinsurance placements and will efficiently administer the reinsurance placement process, and ensure the satisfactory audit documentation in line with agreed procedures.

The successful applicant will have prior experience in a Ceded Re placement function, allowing you to contribute to the team and take ownership of placements. A good understanding of contract wordings & market trends would be advantageous.

Applicants should have experience in the London Insurance Market, particularly in relation to ceded/outwards reinsurance placement for Excess of Loss and Quota Share Treaties. You will ideally have been involved in facilitating reinsurance placements for multi-entity carriers for a number of years across multiple classes of business (including Property and Casualty) lines. Experience of post placement reinsurance operations processes including admin and reporting activities would also be useful. This will be a hybrid role.

As true market specialists we work in partnership with our candidates and clients, delivering unrivalled market knowledge and insight. Driven by our passion to become the partner of choice we offer tailored advice and guidance...