The Head - Reinsurance will be responsible for developing and executing the Company's reinsurance strategy to ensure optimal risk transfer, capital efficiency, profitability, and regulatory compliance. The role will lead the design, placement, negotiation, and administration of treaty and facultative reinsurance arrangements while maintaining solid relationships with global reinsurers, brokers, and industry stakeholders. The incumbent will play a critical role in supporting underwriting growth, portfolio management, catastrophe protection, and enterprise risk management objectives.

Role & responsibilities

Reinsurance Strategy & Portfolio Management
- Develop and implement the organization's comprehensive reinsurance strategy aligned with business growth and risk appetite.
- Structure and optimize proportional and non-proportional reinsurance programs across all product lines.
- Ensure adequate catastrophe and accumulation protection through appropriate treaty structures.
- Evaluate reinsurance effectiveness and recommend improvements to enhance profitability and capital utilization.





Treaty Management
- Lead annual treaty renewals, negotiations, and placements across property, engineering, marine, liability, health, motor, crop, and specialty portfolios.
- Design treaty structures balancing risk retention, capital management, and profitability objectives.
- Assess portfolio performance and recommend retention limits and capacity requirements.
- Coordinate with underwriting and actuarial teams to ensure treaty adequacy and effectiveness.

Facultative Reinsurance
- Manage facultative placements for large, complex, and specialized risks.
- Negotiate competitive terms, conditions, and pricing with reinsurers and brokers.
- Ensure timely placement and confirmation of facultative covers to support business growth.

Stakeholder & Relationship Management
- Develop and maintain strategic relationships with domestic and international reinsurers, brokers, rating agencies, a

📌 Head Reinsurance (Mumbai)
🏢 Universal Sompo General Insurance Co.
📍 Mumbai