Job Description Reinsurance FAC n Company: Unilight Insurance Brokers Pvt. Ltd. n Location: Mumbai n Experience: Minimum 5 Years n Travel: Open to extensive travel n About the Role n The Reinsurance FAC professional will be responsible for managing Facultative Reinsurance placements, including business development, risk analysis, market placement, insurer/reinsurer coordination, negotiations, documentation, and portfolio servicing. The role requires strong technical knowledge of facultative reinsurance, excellent market relationships, and the ability to manage placements from enquiry to closure. n Key Responsibilities n Facultative Reinsurance Placement n n Handle end-to-end Facultative Reinsurance placements across relevant lines of business. n Analyse client/cedant requirements, risk information, policy terms, and exposure details. n Prepare and circulate facultative submissions to appropriate reinsurers and international markets. n Obtain competitive terms, quotations, capacity, and coverage from reinsurers. n Negotiate pricing, terms, conditions, deductibles, limits, and other placement requirements. n n Reinsurance Market & Relationship Management n n Develop and maintain strong relationships with domestic and international reinsurers, brokers, and underwriting markets. n Identify appropriate markets based on risk profile, capacity requirements, appetite, and pricing. n Engage with reinsurers to secure optimal terms and placement solutions. n Stay updated on market capacity, underwriting appetite, pricing trends, and emerging risks. n n Client & Internal Coordination n n Understand client requirements and provide technically sound reinsurance solutions. n Coordinate closely with business development, underwriting, and placement teams.



n Support client meetings and presentations whenever required. n Ensure timely communication of quotations, terms, conditions, and placement status. n n Documentation & Policy Servicing n n Ensure accuracy and completeness of facultative submissions and placement documentation. n Coordinate confirmations, debit/credit notes, reinsurance slips, endorsements, and other relevant documentation. n Track placement timelines and ensure closure within agreed TATs. n Maintain accurate records of placements, renewals, and market responses. n n Claims & Portfolio Support n n Coordinate with reinsurers and relevant stakeholders on facultative claims matters. n Support claims-related negotiations and documentation wherever required. n Monitor existing facultative placements and support renewals and portfolio retention. n n Market Development & Compliance n n Identify new facultative opportunities and support business development initiatives. n Participate in client meetings, market visits, industry events, and reinsurer meetings. n Ensure adherence to IRDAI regulations, company policies, and internal processes. n Maintain confidentiality and high standards of skilled and ethical conduct. n n Key Competencies & Skills n Technical & Reinsurance Skills n n Strong understanding of Facultative Reinsurance processes and placements.



n Knowledge of underwriting principles, risk assessment, policy structures, and reinsurance terminology. n Ability to assess risk information and identify appropriate reinsurance markets. n Strong negotiation and placement skills. n n Market & Business Skills n n Good relationships with reinsurers and reinsurance markets. n Strong commercial acumen and ability to understand client requirements. n Ability to manage multiple placements simultaneously and work within tight deadlines. n Strong analytical and problem-solving capabilities. n n Communication & Personal Skills n n Excellent written and verbal communication skills. n Strong presentation, negotiation, and interpersonal skills. n High level of ownership, integrity, and attention to detail. n Ability to work under pressure and deliver within TAT. n Willingness to travel extensively for client and market meetings. n n Technical Tools n n Proficiency in MS Office – Excel, Word, PowerPoint, and Outlook. n Ability to prepare reinsurance submissions, placement summaries, and market presentations. n n Qualifications & Experience n n Education: Bachelor's degree in Commerce, Business Administration, Insurance, or a related discipline. A professional qualification in Insurance/Reinsurance will be an added advantage. n Experience: Minimum 5 years of relevant experience in Facultative Reinsurance . n Candidates from Insurance Broking, Reinsurance Broking, or General Insurance backgrounds with strong FAC exposure will be preferred. n Strong experience in handling end-to-end facultative placements and market negotiations. n Willingness to travel extensively for client, reinsurer, and market engagements. n n

📌 Reinsurance FAC (Mumbai)
🏢 Unilight Insurance Brokers Private
📍 Mumbai