Description : About WTW

Willis Towers Watson (NASDAQ: WLTW) is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. With roots dating to 1828, Willis Towers Watson has 45,000 employees serving more than 140 countries and markets.

- We design and deliver solutions that manage risk, optimize benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals. Our unique perspective allows us to see the critical intersections between talent, assets and ideas — the agile formula that drives business performance.
- Together, we unlock potential.

About the Team

Facultative Reinsurance is responsible for leading and growing the facultative reinsurance portfolio across property, casualty, specialty, and financial lines. The role involves strategic client advisory, complex risk placement, reinsurer relationship management, and team leadership, while ensuring best‑in‑class coverage solutions, compliance, and profitability.

Key Responsibilities

Client Advisory & Business Development

- Act as a senior advisor to large and complex clients on facultative reinsurance solutions, coverage structures, limits, and pricing
- Partner with direct insurance broking teams to support new business acquisition, client retention, and cross‑sell opportunities
- Lead client meetings, renewals, and placement strategy discussions for high‑value and technically complex risks
- Support negotiations with underwriters and senior reinsurer stakeholders to secure optimal terms

Facultative Placement & Technical Leadership

- Oversee end‑to‑end facultative placement across property, engineering, liability, marine, specialty, and emerging risks
- Design and review slips, wordings, layers, deductibles, limits, and clauses to ensure risk adequacy and contract certainty




- Provide technical oversight on large loss‑exposed risks, unconventional structures, and specialty placements
- Monitor market capacity, pricing trends, and reinsurer appetites across global markets

Reinsurer Relationship Management

- Build and maintain strong relationships with domestic and international reinsurers, Lloyd’s syndicates, and MGAs
- Represent the firm in market meetings, reinsurer visits, and regional/international conferences
- Drive strategic engagement with reinsurers to enhance capacity access and preferential terms

Team Leadership & Capability Building

- Lead, mentor, and develop facultative reinsurance managers and associates
- Ensure quality control, adherence to processes, and consistent placement standards
- Support succession planning, performance management, and skills development within the team

Governance, Risk & Compliance

- Ensure full compliance with IRDAI regulations, internal policies, and global broking standards
- Review documentation timelines, premium collection, bordereaux, and policy issuance practices
- Partner with finance, claims, and compliance teams to ensure smooth post‑placement servicing

Key Stakeholders

- Corporate & Retail Insurance Broking Teams
- Domestic & International Reinsurers
- Lloyd’s Markets
- Claims, Finance, Legal & Compliance Teams
- Senior Leadership & Global Reinsurance Partners

Qualifications :

- 12-18+ years of experience in facultative reinsurance, with a significant tenure in an insurance broking environment
- Strong exposure to property, casualty, specialty, and large corporate risks
- Proven experience handling complex, high‑value facultative placements
- Demonstrated leadership experience managing teams and client relationships

Application Process - On-Demand Video Interview

- Live video/ in-person interview with hiring manager and team
- Offer and onboarding

📌 Facultative Re-insurance (Mumbai)
🏢 WTW
📍 Mumbai