Facultative Reinsurance Broker (m/f/d) at WTW
Köln, , Germany -
Full Time


Start Date

Immediate

Expiry Date

22 Oct, 25

Salary

0.0

Posted On

23 Jul, 25

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

No

Skills

Good communication skills

Industry

Marketing/Advertising/Sales

Description

INTERESTED?

We are looking forward to our online application, which takes only 5 minutes on our career site.

Responsibilities

As a Facultative Reinsurance Broker (m/f/d), you will leverage your expertise to analyze risk and negotiate advantageous reinsurance terms, ensuring optimal coverage for WTW clients and cedants. You will get to collaborate with industry professionals, utilizing innovative strategies to enhance our portfolio and drive success in the dynamic reinsurance market.

The role entails among other:

  • Evaluation and analyzing WTW risk transfer solutions to determine appropriate facultative reinsurance coverage solutions
  • Responsible for facultative reinsurance portfolio, including business development of Cedant Relationships and Revenue on 1st & 3rd Party Business
  • Cultivate and maintain relationships with cedants, facultative reinsurance markets and other key external stakeholders within the Italian insurance market
  • Mobilize, train and create awareness within the WTW organization to add Facultative Reinsurance solutions as additional strategy for a total market approach
  • Negotiate terms and conditions for facultative reinsurance placements to ensure optimal coverage and pricing
  • Prepare and present comprehensive submissions to reinsurers, based on the needs and requirements of the cedants or original insured
  • Responsible for coordinating the administration of facultative reinsurance deals, using the available tools. Including supporting cedants with reinsurance requirements like Premium Payment Warranties
  • Coordinate governance and support claims team in processes on handling facultative reinsurance claims
  • Stay abreast of industry trends, market conditions, regulatory changes affecting facultative reinsurance.
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