Treaty Broker

TN United Kingdom; London; On-site; GBP 60,000 - 75,000; Full time

Job summary

An established global Lloyd's Broker is seeking a Treaty Broker to join their expanding Reinsurance team. This role focuses on handling LATAM business and requires fluency in Spanish. As a Treaty Broker, you will engage with clients and underwriters, negotiating terms and ensuring efficient service delivery. This position offers a competitive package and the opportunity to work within a dynamic team that champions best practices and values strong client relationships. If you are passionate about the insurance industry and thrive in a collaborative environment, this role is perfect for you.

Benefits

Competitive Salary

Excellent Pension

Career Development Opportunities

Support from Directors

Collaborative Team Environment

Qualifications

• Experience as a Placing Broker handling Facultative or Treaty reinsurance.
• Strong understanding of insurance/reinsurance markets and policy forms.

Responsibilities

• Work with LATAM Producer, placing Treaty Marine and Non-Marine risks.
• Negotiate terms and maintain relationships with clients and underwriters.

Skills

Fluency in Spanish

Communication Skills

Interpersonal Skills

Negotiation Skills

Understanding of Insurance/Reinsurance Markets

Education

CII Qualification or studying towards it

Tools

PPL/WhiteSpace

Microsoft Office

Excel

PowerPoint

Job description

Social network you want to login/join with:

Your newpany

Your new job working as a Treaty Broker handling LATAM business will be working for an established global Lloyd's Brokers who employ over 700 employees around the world and have a presence in more than 150 countries. Your new broker has cemented its position as a top 10 contributor to Lloyd’s. They have been established for many years and prioritize being client-focused. They are growing across all areas and are considered an employer of choice, leading in their field and championing best practices. Their company emphasizes strong relationships and trust, with a client-focused, performance-driven, collaborative, and future-oriented mindset.

Due to expansion within the Reinsurance team, a permanent role has arisen for a Treaty Broker or Facultative Broker who can speak fluent Spanish. This role requires fluency in Spanish.

Your new role

As a Treaty Broker, you will work directly with the LATAM Producer, placing Treaty Marine and Non-Marine risks. The role requires fluency in Spanish. Your responsibilities include presenting, broking, and negotiating on behalf of the Treaty division to Lloyd’s, London, and global re/insurance markets, either face-to-face or via email and phone.

You will provide efficient service to your clients, focusing on the LATAM and Spanish-speaking client base, as well as to underwriters. Duties include liaising with the market and underwriters, mainly on reinsurance business, negotiating the best terms, and handling new and renewal business, mid-term amendments, and general inquiries professionally. You will also develop and maintain effective relationships with clients, underwriters, and brokers.

Additional duties include undertaking administrative broking roles, assisting in the production of placement information and documentation, record keeping, and file management. Occasionally, you will support the production of MRC slips and endorsements and prepare technical handover documents for processing and accounting.

What you'll need to succeed

Successful candidates will have previous experience as a Placing Broker handling Facultative or Treaty reinsurance business and must be fluent in Spanish. A strong understanding of the insurance/reinsurance markets, excellent communication and interpersonal skills, and technical knowledge of policy forms, slips, and endorsements are essential. You should be a team player capable of working independently, proficient in PPL/WhiteSpace platforms, Microsoft Office, Excel, and PowerPoint, and possess Cat Modelling knowledge. Ideally, you will be CII qualified or studying towards it. Fluency in Spanish is mandatory.

What you'll get in return

You will receive a competitive package of up to approximately £75,000, along with excellent pension and benefits. You will have support from directors and work within a collaborative, forward-thinking, and dynamic team. This role offers excellent market exposure and career development opportunities.