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Guy Carpenter · 6 hours ago

Reinsurance Broker, Portfolio Solutions/MGA

Edina, MN

Full-time

Hybrid

Senior Level

$175K/yr - $275K/yr

7+ years exp

Guy Carpenter is a leading global risk advisory and reinsurance specialist and broker. They are seeking a driven Reinsurance Broker to expand their Global Capital Solutions team, focusing on delivering strategic reinsurance solutions for insurers in the MGA distribution space.

Financial ServicesHealth CareInsurance

Responsibilities

Prepare comprehensive market submission packs to effectively present client needs to insurers and markets

Analyze data and client information to support accurate and compelling placements

Identify suitable opportunities, negotiate terms, and place business with markets to benefit clients

Build and maintain strong relationships with key markets and insurers, fostering trust and ongoing collaboration

Assist with managing existing client accounts, including endorsements, mid-term changes, and mid-year market updates

Collaborate with internal teams and clients to understand their needs and ensure seamless placement processes

Stay informed about market trends, appetite changes, and emerging risks to advise clients and optimize strategies

Qualification

Reinsurance industry experienceMGAsBroking skillsMicrosoft Office proficiencyEntrepreneurial mindsetCollaborative mindset

Required

Bachelors degree – Finance or Insurance

Proven track record in reinsurance industry (7-10+ years of experience), demonstrating a strong understanding of reinsurance products, MGAs and Insurance & Reinsurance carriers that support MGAs

Entrepreneurial spirit with propensity and skill set to identify market gaps and translate them into actionable opportunities

Proficient with Information Technology, particularly Microsoft Office Products

Collaborative mindset with ability to work effectively within team environment and leverage significant expertise of cross-functional colleagues

Preferred

Demonstrates exceptional broking skills and proven market relationships in the (re)insurance market

Holds a comprehensive understanding of the Managing General Agent (MGA) market

Exhibits a creative and entrepreneurial mindset

Thrives in a team-oriented environment, leveraging cross-functional expertise to develop bespoke reinsurance strategies and enhance the overall capabilities of the Global Capital Solutions team