Company:

Guy Carpenter

Description:

Guy Carpenter helps its clients achieve profitable growth with a powerful combination of specialized reinsurance broking expertise, strategic advisory services, and industry-leading analytics. Guy Carpenter is part of the Marsh McLennan Companies. Guy Carpenter Bermuda Ltd. Is seeking applicants for the following position based in Bermuda:

What can you expect?

The Senior Reinsurance Broker develops and presents innovative approaches to complex client needs, produces, negotiates, places and manages the daily servicing of reinsurance treaties utilizing markets from the US, London, Bermuda and around the world. This is a senior client facing role in a team environment that involves servicing existing accounts, as well as new business production and new product development.

We will count on you to assist/manage:

• Manages overall interaction with client in medium to large client transactions. Negotiates and place reinsurance treaties in the Bermuda market utilizing markets from the US, London Bermuda and around the world to deliver highly complex, best-in-class solutions to clients.
• Coordinates internal resources, such as analytics, contracts and client services to provide solutions to client(s).
• Produces new clients, designs programmes for them and establishes relationships through meetings and exhibiting professional skills in order to generate revenue. Designs new programs for clients’ needs, placing business with client-approved reinsurers
• May participate in the revenue/budget process with the management team and may review and clarify contract documents and bond forms, as well as banking terms and conditions.
• Maintains comprehensive knowledge of reinsurer capabilities (product lines, capacity, approvals, etc.), with the help of market information, legal and other teams as necessary.

What you need to have:

• 10 years’ experience required in placing Marine, Energy, Composite, Index Solutions, Retro and broader Specialty Lines Treaty Reinsurance programs as a broker.
• In-depth knowledge of the global reinsurance market including coverage, placement structures, markets and rating structures of insurance and reinsurance companies
• Working knowledge and experience with Lloyd’s and other Company Markets including London, US and Europe would be essential
• Strong knowledge of Insurance/Reinsurance Law, Compliance and regulatory requirements throughout the world
• Strong working knowledge and relationships within the Bermuda marketplace
• Analysis of financial reports and statements and the ability to analyze actuarial models and output
• Familiarity with Cat Vendor models
• Superb negotiating and sales skills

What makes you stand out?

• Bachelor’s degree and an insurance certification (ACII, CPCU, Are, or equivalent)
• High sense of personal accountability

Why join our team:

• We help you be your best through professional development opportunities, interesting work and supportive leaders.

• We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.

• Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being

At Guy Carpenter, a Marsh business, you can be your best. We work on challenges that matter with colleagues who help bring out our best. Our uniquely collaborative environment will empower you to focus on your personal and professional success, learning from top specialists in the (re)insurance industry and leading you towards a rewarding and impactful career.

Guy Carpenter is a business of Marsh (NYSE: MRSH), a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $24 billion and more than 90,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information about Guy Carpenter, visit guycarp.com, or follow us on LinkedIn and X.

Marsh is committed to creating a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age, background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law.

Marsh is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.