A Day in the Life of a Reinsurance Broker | TRP #28

This week’s episode focuses on Jerad’s time as a reinsurance broker at Aon. The guys go through common challenges plagued by every broker, the digitisation of deal-making, how programme structuring works, and the challenges of manual data preparation. We’ve also got a new game called ‘Broke It!’ that sees Jerad broker a fictional event provided by Ben.

00:00 Intro
01:46 Jerad’s Career Beginnings
04:20 Complex Client Challenges
07:21 Broking vs. Underwriting Personalities
10:24 Data Needs for Correct Buying of Reinsurance
15:05 Structuring Complex Deals & Programmes
19:32 America Doesn’t Use A4 Paper?!
20:55 Pains of Manual Data Preparation
24:40 Benefits of Reinsurance Broking
26:05 Broke It: eSports World Cup
34:20 Outro

CONNECT & SUPPORT:

[markhaggerty]

Very interesting and very well presented! Thanks for doing these.

[TayloredCoach]

Recently landed a broker role in NYC at AON. Your videos have helped tremendously navigating into this career, thank you both for all you do 🙏

[bvds]

Interesting to listen to this from an ILS perspective…

[Crusader]

"Broker" "Brokered" "Brokering" are the actual verbs you're looking for.

[puneetsonpal]

How much time will it take for a new nie to break into reinsurance?