Broking Manager

Job Summary

Client Relationship Management

• Build and maintain strong relationships with existing and prospective clients, insurers, and reinsurers.
• Act as the primary point of contact for key reinsurance accounts.
• Understand client requirements and provide tailored reinsurance solutions.
• Ensure high levels of client satisfaction and long-term retention.

Business Development

• Identify and develop new business opportunities across local and international markets.
• Expand the company's reinsurance portfolio through strategic networking and relationship building.
• Participate in client meetings, presentations, and industry events to promote services.
• Achieve assigned revenue and growth targets.

Placement & Broking Operations

• Supervise and manage the entire placement process from submission to binding.
• Coordinate with reinsurers and markets to obtain competitive terms and quotations.
• Review offers, negotiate pricing and coverage terms, and ensure optimal placements for clients.
• Drive the conversion of quotations and offers into successful bound placements.
• Ensure timely issuance of slips, cover notes, contracts, and placement documentation.

Team Management

• Lead, mentor, and supervise the broking and placement team.
• Monitor team performance and ensure service standards and deadlines are met.
• Support team development through coaching and technical guidance.
• Allocate accounts and oversee workflow management.

Market & Technical Expertise

• Maintain strong knowledge of reinsurance market trends, pricing, capacity, and regulatory developments.
• Develop relationships with regional and international reinsurance markets.
• Provide technical advice and support on treaty and facultative reinsurance placements.
• Ensure compliance with internal policies and industry regulations.

Requirements

• Bachelor's degree in Insurance, Business Administration, Finance, or related field.
• Minimum 10 years of experience in reinsurance broking or underwriting.
• Strong knowledge of treaty and/or facultative reinsurance.
• Proven experience in client relationship management and business development.
• Demonstrated success in handling placements and converting offers into bound business.
• Previous team management or supervisory experience preferred.
• Strong negotiation, communication, and presentation skills.
• Ability to work in a fast-paced and target-driven environment.