By the end of the first renewal season the successful candidate will have produced a detailed summary of the reinsurance programmes purchased across the London Market lines of business. This will include comparisons with last year's programmes in terms of cost and coverage. A high-level summary will also have been produced for the board.
The candidate will have become a key point of contact for brokers and will have ensured that the reinsurance arrangements reported to management reflects the executed slip wordings.
The candidate will liaise with other departments in business and be able to speak knowledgeably about the reinsurance programme, including being able to calculate and communicate the expected reinsurance recovery from a given scenario. They will be able to review output from other business departments e.g., booked premium spend or recoveries and be able to accurately check this against their expectation.