Description: Marsh is seeking candidates to join our Facultative Reinsurance Team based in Milan.As a Reinsurance Broker, you will play a crucial role in facilitating reinsurance transactions between insurance companies and reinsurers. Your expertise in the Property sector will be essential in analyzing risks, negotiating terms, and securing optimal reinsurance coverage for our clients. This is an exciting opportunity to work in a dynamic and fast-paced environment, collaborating with industry professionals to provide innovative reinsurance solutions.What is in it for you?A company with a strong brand and strong results to match;Opportunity to make the difference and be part of the world's largest insurance broker & Risk Advisor;Attractive benefits coverage, outstanding learning programmes, mentoring opportunities and interaction with counterparts in industry groups and client organizations.We will count on you to:identify and target business opportunity within the Property LoB marketspace;structure and place reinsurance protections related to Property line of business, negotiating terms at international level;contribute to build reinsurance/insurance solutions to meet Client needs;conduct comprehensive analysis of the Property reinsurance market, including evaluating capacity, pricing, and underwriting guidelines in order to approach the international market properly;identify potential reinsurers and negotiate terms and conditions to secure optimal reinsurance coverage for clients;prepare and present submissions to reinsurers, highlighting the unique aspects of the risk and advocating for favorable terms;coordinate contract negotiations and amendments with reinsurers and clients, addressing any discrepancies or concerns;stay updated on industry trends, regulatory changes, and emerging risks in the Property reinsurance sector.What you need to have:Bachelor's/Master's Degree years' experience in the insurance industry (Insurance Companies, MGAs, Brokers), especially in market facing roles at international level;knowledge of Property insurance and/or reinsurance products, underwriting principles, and risk assessment techniques;commercial and relationship skills;problem solving and analytic skills;ability to negotiate at international level;excellent knowledge of the Italian and English languages. Third foreign language would be considered as a plus.
