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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. This reinsurance territory manager will be accountable for developing and maintaining a profitable portfolio of Equipment Breakdown treaty reinsurance business for FM Boiler Re in the western region of the US by leveraging our strengths as a competitive differential in the marketplace.
Job Responsibility:
Developing and maintaining a profitable portfolio of Equipment Breakdown treaty reinsurance business for FM Boiler Re in the western region of the US
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
Requirements:
Bachelors degree or equivalent
Minimum five years combined FM Boiler Re or equivalent industry experience including property insurance / reinsurance, treaty development and equipment breakdown technical underwriting / engineering experience
Possess 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 profitability
Exhibits sound judgment, decision making and sales/influencing/negotiation/presentation skills
Oral and written communication skills
Interpersonal relations, planning and organization, problem solving, and team building skills
Customer-focused and service oriented
Ability to develop and maintain strong business relationships with Partner Companies, prospects, and intermediaries/agents
Technology-proficient with demonstrated knowledge of computer business applications
40% Travel
Nice to have:
Previous Reinsurance experience and CPCU accreditation desirable
Ideal candidate should live west of the Mississippi