Overview
Junior Broker Support Jobs in Riyadh, Saudi Arabia at Howden
Title: Junior Broker Support
Company: Howden
Location: Riyadh, Saudi Arabia
We are seeking a motivated and detail-oriented Junior Broker Support professional to join our team. This is an excellent opportunity for candidates looking to build a career in the reinsurance industry. No prior insurance or reinsurance experience is required, as comprehensive training will be provided.
Key Responsibilities
- Support Brokers in the placement of Facultative and Treaty Reinsurance business on behalf of clients.
- Act as a key point of contact between Clients and Reinsurers, responding to queries and assisting with the efficient processing of premium debit notes and claim settlement requests.
- Prepare treaty renewal submissions in collaboration with Brokers and Account Executives.
- Prepare and finalize contractual wordings with Clients and Reinsurers under the guidance of Brokers and Account Executives.
- Prepare contract endorsements and addendums as required.
- Accurately record renewal information, key placement dates, and expected revenues within the company’s tracking systems.
- Maintain complete and organized placement files, ensuring all relevant documents and correspondence are properly filed for audit and compliance purposes.
- Upload risk information into company systems and generate Evidence of Cover documentation.
- Assist with the onboarding of Clients and Reinsurers in coordination with the Head of Compliance.
- Ensure all internal policies, procedures, and regulatory requirements are followed throughout the placement process.
- Build and maintain professional relationships with Clients, Reinsurers, and internal stakeholders.
- Collaborate with the Accounting team to review and support complex reinsurance transactions.
- Support additional projects and administrative duties as assigned.
Qualifications and Skills
- Bachelor's degree in Business, Finance, Insurance, Economics, Accounting, or a related field is preferred.
- Proficiency in Microsoft Office applications, particularly Excel and Word.
- Strong verbal and written communication skills in both Arabic and English.
- Strong attention to detail and organizational skills.
- Ability to manage multiple priorities and meet deadlines.
- Professional attitude with a willingness to learn and develop within the reinsurance sector.
What We Offer
- Comprehensive training in the insurance and reinsurance industry.
- Exposure to international reinsurance markets and practices.
- A collaborative and professional working environment.
- Career growth and development opportunities within a growing organization.
If you are looking to begin your career in reinsurance and are eager to learn in a fast-paced and dynamic environment, we encourage you to apply.
