Senior Consultant - Reinsurance Technical Consulting

Posted Yesterday
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Lower Place, London, England, GBR
In-Office
Senior level
Fintech • HR Tech • Insurance • Consulting
The Role
Senior Consultant providing technical reinsurance advice on Pro Rata and XOL, advising clients and brokers, managing projects, ensuring claim submissions and coverage presentations, mentoring team members, collaborating with Legal/Compliance, and delivering client-facing technical services in a hybrid London-based role.
Summary Generated by Built In
Company:Guy Carpenter

Description:

Our Client Support Services department have an opportunity for a Senior Consultant - Reinsurance Technical Consulting. This is available on a hybrid basis, offering home working for 2 days a week, with the other 3 days based in our office in London.

Reinsurance Technical Consultants are trusted advisors who consult with clients and brokers on reinsurance technical issues, claim submissions and coverage applications. They provide guidance on difficult, complex and unique scenarios, promote technical work products and ensure that contentious claim presentations are positioned for successful acceptance, collection and resolution.

A Senior Reinsurance Technical Consultant makes an impact as a seasoned, professional individual contributor, ready to manage projects, work independently, help teammates thrive and collaborate with stakeholders across the company.

The ideal candidate will have substantial knowledge of reinsurance across Pro Rata & XOL, preferably within Casualty or Property, coupled with proven client facing capability.

What can you expect:

  • Work with Reinsurance professionals across Witham and London with experience and technical knowledge.

  • Gain significant experience of working within a technical capacity for a Broker

  • Apply your experience and further development within a role that’s truly progressive and offers full end-to-end responsibility of a client portfolio

  • Be part of a global business that works with clients of all sizes to define, design and deliver innovative solutions to better quantify and manage risk

We will rely on you to:

  • Collaborate with the Legal and Compliance Departments to identify, assess and address potential concerns, problems and risks that are moderately complex and reports back these potential risks to Legal and/or Compliance to facilitate the mitigation process.

  • Interface with the industry and represent the company in client speaking engagements to deliver client services and advance company reputation.

  • Understand, interpret and present routine technical information to Senior Management and company Leadership to facilitate delivery on projects.

  • Manage timely execution of assigned tasks to facilitate adherence to Client measurement Service Level Agreements (SLAs).

  • Provide input for the evolution of the operational model at all levels of the organization to promote new process improvement ideas and solutions that leverage technology.

  • Provide training, and mentoring within the team and/or department for all aspects of reinsurance service processing to grow department resources.

  • Handle relationships with Brokers, Clients and Markets via communications, interactions and delivery of technical consulting services in support of the overall account objective.

  • Initiate team and department meetings and activities to share opinions, ideas, knowledge and solutions to increase own understanding and improve the services provided.

What you need to have:

  • Client/Market Facing Experience

  • Substantial Reinsurance experience predominantly around Pro Rata & XOL

  • Exceptional stakeholder management and communication skills.

  • Competent Excel skills and proficiency in Microsoft Office Applications.

  • Successful management of workload; with an ability to manage expectations.

What makes you stand out:

  • Reinsurance Property or Casualty experience

  • Experience within Pro Rata

Why join our team:

  • We help you be your best through professional development opportunities, interesting work and supportive leaders.

  • We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.

  • Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

# Hybrid

At Guy Carpenter, a Marsh business, you can be your best. We work on challenges that matter with colleagues who help bring out our best. Our uniquely collaborative environment will empower you to focus on your personal and professional success, learning from top specialists in the (re)insurance industry and leading you towards a rewarding and impactful career.

Guy Carpenter is a business of Marsh (NYSE: MRSH), a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information about Guy Carpenter, visit guycarp.com, or follow us on LinkedIn and X.

Marsh is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, civil partnership status, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law. We are an equal opportunities employer. We are committed to providing reasonable adjustments in accordance with applicable law to any candidate with a disability to allow them to fully participate in the recruitment process. If you have a disability that may require reasonable adjustments, please contact us at [email protected].

Marsh is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.

Skills Required

  • Client/market facing experience
  • Substantial reinsurance experience around Pro Rata and XOL
  • Experience in Casualty or Property reinsurance (preferred)
  • Exceptional stakeholder management and communication skills
  • Competent Excel skills and proficiency in Microsoft Office applications
  • Ability to manage workload and expectations

Marsh McLennan Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Marsh McLennan and has not been reviewed or approved by Marsh McLennan.

  • Leave & Time Off Breadth Leave offerings are described as generous, including sizable PTO, paid holidays, paid sick days, and additional time off such as paid volunteer time and “Summer days.” These time-off benefits are portrayed as a standout part of the overall rewards package.
  • Healthcare Strength Healthcare coverage is characterized as comprehensive, spanning medical, dental, and vision options, with additional supports like disability and life insurance and access to mental health resources and an EAP. The breadth of plan options is positioned as a core strength of the benefits package.
  • Retirement Support Retirement benefits are framed as solid, with 401(k) programs and employer matching frequently highlighted alongside other financial programs. Stock purchase options are also referenced as an additional wealth-building component of the total rewards mix.

Marsh McLennan Insights

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The Company
HQ: New York, NY
78,000 Employees
Year Founded: 1871

What We Do

Marsh McLennan (NYSE: MMC) brings together nearly 78,000 experts in risk, strategy, and people across Marsh, Guy Carpenter, Mercer, and Oliver Wyman, serving clients in over 130 countries. Marsh enables enterprise worldwide by helping clients manage risks, transforming uncertainty into opportunity. Guy Carpenter helps clients grow profitably with reinsurance broking expertise, advisory services, and advanced analytics. Mercer helps organizations advance the health, wealth, and careers of their most vital asset — their people. Oliver Wyman’s expertise in strategy, operations, risk, and organization transformation changes what is possible for our clients, their industries, and society. Together, we combine a unique range of capabilities to help our clients solve problems, seize opportunities, and build lasting success in increasingly complex operating environments.

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