The Account Specialist – Broking role is part of the Asia Pacific (APAC) Strategic Solutions team, supporting insurance / reinsurance companies to understand and manage their risks; navigating the landscape, delivering performance, achieving goals and protecting reputation. This role will be primarily focused on large & complex client engagement related to growth, capital management, earnings volatility management and portfolio optimisation, along with growing opportunities to contribute in other areas internationally.
Key Accountabilities
- Conducting technical, commercial, portfolio and reinsurance risk analysis for clients
- Developing reinsurance strategies and placing them in the international reinsurance and capital markets
- Responsibility for business production (including offensive & defensive tenders) by means of preparing presentation material and reports in Excel, Word and PowerPoint to business partners
- Using financial and catastrophe modelling knowledge, understanding of complex wordings, project management skills and presentation production skills to assist the broker team and enhance our offering to clients
- Providing front line client servicing, understanding of client needs, programme structuring and pricing
- Working closely with senior members of the team to support client management, prospection and placement process
- Conduct actuarial analysis, either independently within the Strategic Solutions team, or in collaboration with the actuarial team to support discussions on these subjects both internally and with clients
- Strong liaison with analytics team in respect of financial and catastrophe modelling
- Managing relationships with the reinsurance market and creating and growing relationships with underwriters in APAC markets
- Maintaining, expanding, and developing strong client relationships including regular domestic and international business trips
Requirements
- A university degree in actuarial science or mathematics (or a comparable degree)
- A member of a recognised actuarial body (either nearly qualified or newly qualified actuary)
- Prior consulting experience highly desired
- IFRS17 experience desired
- High level of proficiency in MS Office programme suite (PowerPoint, Excel, Word, and Outlook) and technical programming languages (eg VBA, R, Python)
- Ability to work both independently and as a team player
- Understand client’s financial and business environment (regulatory and rating), their opportunities and key issues
- Relate that environment to reinsurance solutions, through detailed knowledge of risk assessment and financial mechanics
- Understanding of how the overall direction of the industry and foresight to understand how it is changing
- Thorough knowledge of reinsurance products, all lines of business
- Strong negotiation skills and knowledge of reinsurance marketplace
- Ability to grasp complex issues, persuasive and clear written and oral explanation of these and strong numerical skills
- Excellent communication and presentation skills and a distinct ability to work in a team
- Excellent analytical and numerical skills with a high level of accuracy and attention to details
- An awareness of the sales and negotiation process with a willingness to engage with a wide range of International clients and markets
- Ability to prioritise, work under pressure and meet deadlines
