About the role
• 10+ years of experience in Reinsurance within an Insurance Broking company, with strong exposure to Treaty and Facultative (FAC) business
• Proven track record in business development, client acquisition, and revenue growth across Treaty and Facultative reinsurance portfolios
• Strong relationships with domestic and international reinsurers, insurers, cedants, and key market stakeholders
• Expertise in structuring, negotiating, and placing complex reinsurance solutions across multiple lines of business.
ABOUT THE CLIENT
The organization is one of India's leading IRDAI-licensed Composite Insurance Brokers, operating across corporate insurance, employee benefits, reinsurance, and risk advisory. It works with large corporates to design insurance programs, manage complex risks, and provide end-to-end claims support across industries such as infrastructure, manufacturing, energy, real estate, and healthcare
JOB ROLES & RESPONSIBILITIES
• Lead the Reinsurance Practice with responsibility for driving business growth across Treaty and Facultative (FAC) portfolios.
• Develop and execute strategic business plans to expand the reinsurance portfolio and strengthen market presence.
• Acquire new clients and grow existing relationships with insurers, cedants, and corporate clients requiring reinsurance solutions.
• Structure, negotiate, and place Treaty and Facultative reinsurance programs with domestic and international reinsurers.
• Build and maintain strong relationships with reinsurers, insurers, underwriters, and key industry stakeholders to maximize placement opportunities.
• Collaborate with technical, placement, claims, and operations teams to deliver customized reinsurance solutions and seamless client servicing.
• Lead commercial negotiations on pricing, capacity, coverage, and policy terms to achieve optimal outcomes for clients.
• Monitor market trends, reinsurance capacity, regulatory developments, and emerging risks to identify new business opportunities.
• Represent the organization at industry forums, conferences, and market meetings to enhance brand visibility and strengthen strategic partnerships.
• Drive business development, profitability, client retention, and overall growth of the Reinsurance Practice.
QUALIFICATION & EXPERIENCE
• Bachelor's degree in Insurance, Business, Finance, Commerce, Economics, or a related field.
• Professional insurance qualifications such as ACII, AIII, or equivalent, or an MBA will be an added advantage.
• Strong understanding of Treaty and Facultative reinsurance, underwriting principles, risk transfer structures, and the global reinsurance market.
• Excellent business development, negotiation, relationship management, and leadership skills
OTHER DETAILS
Reporting To: Management