12 Aug
|
Marsh Risk
|
Mumbai
We are seeking talented individual to join our Reinsurance Placement team at Marsh Risk India, a Marsh business . This is a hybrid role that has a requirement of working at least three days a week in the office.
Reinsurance Placement & Business Development (Facultative/Treaty) from Emerging & Developing countries (eg. Africa, Nepal, Bhutan, Latin America, Bangladesh, Erstwhile CIS countries etc.)
Role overview:
We are hiring a relationship-led reinsurance professional to originate and place facultative and/or treaty businesses from developing and emerging markets. This role is hands-on in market engagement, negotiation, and placement execution.
Location - Anywhere in India/Across the globe
We will count on you to
- Build and maintain active relationships with insurers, reinsurers, and MGAs to generate placement opportunities and secure capacity.
- Drive end-to-end execution of facultative and/or treaty placements including market approach, negotiation, and closure.
- Lead commercial discussions with multiple markets across regions, especially where placements require creativity,
speed, and relationship leverage.
- Business development & revenue ownership
- Consistently develop pipeline through strong market reach and ongoing reinsurer/MGA engagement.
- Support broader growth by identifying new placement partners and expanding into new territories/segments within emerging markets.
- Ensure placements are clearly documented, with agreed terms captured in placing documents/slips and aligned to the specific reinsurer terms and conditions (including preparing separate placing documents where required).
- Confirm and document the client’s agreement to any differing terms as part of placement execution.
- Maintain robust discipline around key slip/contract details (e.g., parties, period, type of reinsurance, perils, limits, terms/clauses, brokerage, sanctions exclusion where applicable).
- Manage market negotiation sensitivities such as “best terms/most favored terms”
📌 Reinsurance Placement (Mumbai)
🏢 Marsh Risk
📍 Mumbai