Together, we unlock potential.
Willis Towers Watson is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. With roots dating to 1828, Willis Towers Watson has 45,000 employees serving more than 140 countries and markets. We design and deliver solutions that manage risk, optimize benefits, cultivate talent, and expandthe power of capital to protect and strengthen institutions and individuals. Our unique perspective allows us to see the critical intersections between talent, assets and ideas – the dynamic formula that drives business performance
WTW is expanding its Facultative Reinsurance presence in Germany and to join our team we are now searching for a
Facultative Reinsurance Broker (m/f/d)
(Requisition No 202505011)
The role
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:
1. Evaluation and analyzing WTW risk transfer solutions to determine appropriate facultative reinsurance coverage solutions
2. Responsible for facultative reinsurance portfolio, including business development of Cedant Relationships and Revenue on 1st & 3rd Party Business
3. Cultivate and maintain relationships with cedants, facultative reinsurance markets and other key external stakeholders within the Italian insurance market
4. Mobilize, train and create awareness within the WTW organization to add Facultative Reinsurance solutions as additional strategy for a total market approach
5. Negotiate terms and conditions for facultative reinsurance placements to ensure optimal coverage and pricing
6. Prepare and present comprehensive submissions to reinsurers, based on the needs and requirements of the cedants or original insured
7. Responsible for coordinating the administration of facultative reinsurance deals, using the available tools. Including supporting cedants with reinsurance requirements like Premium Payment Warranties
8. Coordinate governance and support claims team in processes on handling facultative reinsurance claims
9. Stay abreast of industry trends, market conditions, regulatory changes affecting facultative reinsurance.