MANDATORY REQUIREMENTS

- 10–15 years of experience in Engineering / Engineering Facultative Reinsurance underwriting.
- Strong experience handling large and complex Engineering risks.
- Hands-on expertise in risk assessment, pricing, terms & conditions and underwriting decisions.
- Strong broker/cedant relationships with experience in negotiating facultative placements. ABOUT THE CLIENT A leading South African insurance and reinsurance group with a strong international presence. The company is expanding its reinsurance operations in India through GIFT City, Gandhinagar, and is building a senior underwriting team to support growth across the Indian and international markets.

JOB ROLES & RESPONSIBILITIES

- Underwrite complex Engineering Facultative Reinsurance risks in line with underwriting guidelines and risk appetite.
- Assess large and complex risks across CAR, EAR, Machinery Breakdown, Boiler & Pressure Plant and other Engineering classes.
- Analyse risk inspection reports, project details, loss history, exposure data and policy wordings.
- Handle risk assessment, pricing, capacity, terms, conditions and structuring of facultative solutions.
- Negotiate with brokers,



cedants and reinsurance intermediaries on pricing and coverage.
- Monitor portfolio performance, profitability, exposure and accumulation.
- Develop quality business opportunities and contribute to portfolio growth and underwriting strategy.
- Build and maintain strong relationships with brokers, cedants and market participants.

QUALIFICATION & EXPERIENCE

- Bachelor’s degree in Engineering (Mechanical, Civil, Electrical or related discipline) preferred; Commerce, Finance or Insurance graduates may also be considered.
- 10–15 years of experience in Engineering Insurance / Engineering Facultative Reinsurance underwriting.
- Solid experience in underwriting large and complex Engineering risks.
- FIII, ACII, CPCU or equivalent insurance qualifications would be an advantage.

OTHER DETAILS

Reporting To: Director

Industry Target: Reinsurance companies / Global reinsurers / International insurers / Lloyd’s market with strong exposure to Property Facultative Reinsurance.

Work Model Arrangement: Onsite

📌 Engineering FAC Underwriter - Reinsurance (Gujarat International Finance Tec-City)
🏢 SKS Enterpprises
📍 Gujarat International Finance Tec-City