Reinsurance Territory Manager

FM Global • Malvern, PA

112d

About The Position

FM Boiler Re, a division of FM, is seeking a full-time reinsurance territory manager in our Malvern, PA headquarters. For nearly 140 years, FM Boiler Re has been a leading provider of equipment breakdown reinsurance and today has more than 200 treaty partnerships across North America.

Requirements

• Bachelor's degree or equivalent.
• Previous Reinsurance experience and CPCU accreditation desirable.
• Minimum five years combined FM Boiler Re or equivalent industry experience including property insurance/reinsurance, treaty development, and equipment breakdown technical underwriting/engineering experience.
• Knowledge of all aspects of the Equipment Breakdown insurance and reinsurance business.
• General understanding of property and casualty insurance/reinsurance.
• Thorough grasp of key business drivers and financial elements leading to overall profitability.
• Exhibits sound judgment, decision making, and sales/influencing/negotiation/presentation skills.
• Strong oral and written communication, interpersonal relations, planning and organization, problem solving, and team building skills.
• Customer-focused and service oriented with the ability to develop and maintain strong business relationships.
• Technology-proficient with demonstrated knowledge of computer business applications.

Responsibilities

• Developing and maintaining a profitable portfolio of Equipment Breakdown treaty reinsurance business for FM Boiler Re in the northeast region.
• Leveraging strengths as a competitive differential in the marketplace.
• Efficient marketing and monitoring of Partner Company performance.
• Negotiation of treaty terms and pricing.
• Promoting and delivering FM BRe reinsurance products and services at a level superior to the competition.

Benefits

• Career long learning opportunities
• Tuition reimbursement
• 401(k)
• Pension
• Flexible schedules
• Rich health and well-being programs
• Generous time off allowances
• Volunteer days

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Insurance Carriers and Related Activities
• Education Level: Bachelor's degree