Vice President, Broking
Vice President, Broking
Posted on :
22-08-2025
Employer Active
1 Vacancy
Job Alert
You will be updated with latest job alerts via emailValid email field required
Send jobs
Share
Send me jobs like this
Job Alert
You will be updated with latest job alerts via emailValid email field required
Send jobs
Job Description
Company:
Guy CarpenterDescription:
We are looking for a talented individual to join our team as a VP Broker at Guy Carpenter. This position will be based in Santiago Chile. It is a hybrid role that requires working at least three days a week in the office.
A Broker acts as an intermediary between an insurance company and a reinsurer. Brokers analyze clients risk portfolios develop and recommend innovative solutions for their insurance needs and negotiate transactions in their best interest.
We Will Count on You To (Examples Include but Are Not Limited To):
- Reviews risk analyses from junior Brokers and develop and presents innovative solutions and approaches for client needs and complex risk situations.
- Advise clients on moderately complex risks and negotiate transactions for clients.
- Responds independently to client queries and concerns resolving issues promptly to ensure client satisfaction.
- Oversee the timely production of appropriate account/program documents and the follow-up on policy documentation.
- Assists with identifying and pursuing potential opportunities to win new clients and projects.
- Independently handles assignments and may also assist more senior-level Brokers in serving larger or more complex clients.
- Establishes and maintains strong relationships with insurers/reinsurers clients and colleagues to provide complex solutions to clients.
- Demonstrates a broad knowledge of coverage lines markets and other more specialized products to better serve clients.
- May check contract documents and bond forms as well as banking terms and conditions.
- May check and educate the Client the terms and conditions of General Agreement of Indemnity required to be executed by Clients to support all surety transactions.
- May check financial statements for all industries with specific knowledge of each industry unique financial metrics.
What You Need to Have:
- Knowledge of the reinsurance market: Understanding the different classes of reinsurance products structures and terminology.
- New Business: Assisting in identifying and seeking potential opportunities to acquire new clients and projects.
- Risk modeling and data analysis: Understanding of catastrophic modeling (Gross ) PML aggregates etc.
- Contracts management and analysis: Ability to draft review and negotiate reinsurance contracts ensuring they accurately reflect agreements and protect clients interests. This includes managing documents such as organizing and controlling slips endorsements and cover notes.
- Legislation and regulation: Knowledge of applicable laws and regulations in Chile.
- Risk assessment: Ability to analyze insured risks and determine the most favorable conditions for the client.
- Negotiation skills: Ability to negotiate terms premiums coverages and conditions with reinsurers and clients.
- Ethics and Confidentiality: Must have ethics aligned with MMC policies and responsible handling of sensitive information.
- Active and Empathetic Listening: Customer and service orientation empathy understanding client needs and translating them into viable technical solutions that generate value. Ability to listen to the client aiming to clearly understand their needs before commenting or proposing solutions.
- Emotional Management of Conflicts and Work Pressure: Proactivity and problem-solving quick identification of potential conflicts or errors and seeking effective solutions. Managing priorities and organizing work to operate under high pressure
during contract renewal periods balancing personal free time and handling multiple renewal processes claims and inquiries.
- Strategic Thinking: Ability to anticipate risks and opportunities aligning contractual decisions with the objectives of GC and the client.
- Negotiation: Key skill to achieve favorable conditions for the client and ensure the reinsurer considers the terms acceptable for their participation in the business.
- Teamwork and Collaboration: Coordination with internal areas (actuarial legal) and external parties (underwriters analysts and other brokers).
- Clear and Effective Communication: Ability to explain complex contract terms to all audiences and negotiate in a clear organized and convincing manner.
- Flexibility and Adaptability: Ability to adjust to changes in the market regulations or client needs. Also being flexible with working hours to meet renewal deadlines while maintaining personal free time.
- Results Orientation and Deadline Acomplishment: Manages assignments/tasks independently and efficiently can assist higher-level brokers in serving larger or more complex clients meeting established deadlines.
- Expertise in Microsoft Office especially Excel PowerPoint and Word.
- English expertise: Capable of having fluent conversations with Reinsurers and colleagues.
What makes you stand out:
- Financial and Regulatory analysis skills (knowledge of local and international regulations such as Solvency II IFRS 17 and local regulations)
- Basic actuarial knowledge: calculating premiums rates reinstatements and analyzing technical results (loss ratio combined ratio reserves)
- Experience working in insurance or reinsurance companies
- Stable relationships with key reinsurers and the ability to open new markets
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 an 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.
Required Experience:
Chief
Employment Type
Full-Time
Key Skills
Report This Job
Disclaimer: Drjobpro.com is only a platform that connects job seekers and employers. Applicants are advised to conduct their own independent research into the credentials of the prospective employer.We always make certain that our clients do not endorse any request for money payments, thus we advise against sharing any personal or bank-related information with any third party. If you suspect fraud or malpractice, please contact us via contact us page.
