About the job
A financial holding company, Chedid Capital is a leading investment group in the insurance and reinsurance fields. The Group operates across Europe, Middle East, Africa and South Asia. The Company plays a role in the forefront of the industry, being part of one of the top 20 Reinsurance Brokers in the world.
Chedid Re, a company of Chedid Capital, is looking for a Senior Broker within its treaty division. The role focuses on performing everyday fundamental general brokerage activities, as well as promoting Chedid Re services.
Joining our 1700 dynamic team member, spread among 64 subsidiaries worldwide, offers you endless growing opportunities.
Responsibilities
- Support the achievement of departmental business development objectives.
- Identify opportunities to expand existing client relationships and develop new business opportunities.
- Promote Chedid Re's services and support cross-selling opportunities across Treaty, Facultative, Claims, and other business lines.
- Contribute to client retention through effective servicing and market engagement.
- Independently manage Treaty renewals, placements, and servicing activities for assigned accounts.
- Review and analyze Treaty submissions received from cedants and identify technical or commercial considerations.
- Prepare Treaty submissions, pricing proposals, slips, cover notes, contracts, Treaty accounts, bordereaux, and placement documentation.
- Negotiate Treaty terms, conditions, commissions, and market capacity with reinsurers.
- Obtain quotations, secure market capacity, and bind reinsurers upon firm order.
- Ensure the timely issuance of signed slips, binding confirmations, endorsements, and related documentation.
- Provide technical advice and reinsurance solutions to cedants.
- Monitor assigned portfolio performance and identify opportunities to improve placement outcomes and client satisfaction.
- Build and maintain strong relationships with cedants, reinsurers, brokers, and business partners.
- Identify and develop relationships with existing and prospective reinsurance markets.
- Obtain and share market intelligence to support placement strategies and business development.
- Participate in client meetings, market visits, negotiations, and industry events, as required.
- Promote Chedid Re's market presence and strengthen relationships with key stakeholders.
- Coordinate with Technical Accounts, Claims, Facultative, Finance, and other internal stakeholders to ensure the seamless execution of business opportunities and delivery of client solutions.
- Build and maintain strong relationships with internal teams to foster collaboration, alignment, and effective service delivery.
- Ensure accurate and timely system updates, placement records, and physical and electronic files.
- Monitor the quality and completeness of placement documentation.
- Keep abreast of market developments and emerging trends relevant to the Treaty business.
Requirements
- Bachelor's degree in business administration or any related field.
- Fluency in English is a must.
- 3 to 5 years of insurance experience in a similar role, is a must.
