Employment-based non-immigrant visa sponsorship and / or assistance is not offered for this specific job opportunity now or in the future.
This role is Hybrid
The Business.
Graduate Program Overview
The CRB Graduate Development Program (GDP) is a non-rotational two-year-program that provides the opportunity to develop a broad knowledge base, varied skills, and diverse network.
This program is designed to set you up with a holistic view of CRB with hands-on experience, insight, and opportunities to make an impact and shape your own career.
GDP participants will be immersed in a 1-week-in-person orientation followed by a robust onboarding training learning about various functions within CRB.
Our program is designed to provide graduates with a well-rounded understanding of the industry while having the opportunity to deep dive within their respective business area.
Facultative Reinsurance Overview
Facultative Reinsurance is insurance for insurance companies. Carriers buy reinsurance to protect their balance sheets against the impact of large or accumulating losses or specific exposures that are outside their risk appetite.
Facultative reinsurance can match the terms of the original insurance policy exactly. Or it can transfer a part of the risk, such as a single location, sub-limit or deductible.
Facultative reinsurance can help deliver insurance programs and placements by managing elements of risk that would otherwise make placements difficult.
It can give an insurer confidence that they can accept a particular risk outside their appetite, knowing they can protect themselves from the impact of any losses.
We bring a one WTW client-centric approach, working with cedants and clients to create innovative structures that deliver the best placement for clients, backed by data and risk analytics.
Love your work.
Responsibilities :
- Works with brokers to build submissions, check policies, and aide's brokers & senior brokers
- Assist on any deliverables for Client Renewal Strategy Meeting
- Reviews Loss Summaries
- Initial introductions to carrier (ceding Insurers) / trading partners (Reinsurers)
- Ensure that quality and compliance procedures and processes are adhered to
- Record and maintain all information accurately in the appropriate system
- Responsible for Data Input - Initial introduction to and utilization of Broking Platform
- Begin your understanding of core (Re)insurance principles and brokerage concepts
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