Key Responsibilities
• Win new foreign inward reinsurance business, both treaty and facultative, by targeting high-potential international markets.
• Develop and strengthen strategic partnerships with insurers, reinsurers, and MGAs to expand market access, identify new business opportunities, and facilitate placements.
• Manage the complete placement process for facultative and/or treaty reinsurance, from market submissions and negotiations to finalisation and closure.
• Generate and expand business opportunities through extensive market engagement and proactive relationship management with reinsurers and MGAs.
• Drive business growth by developing current market relationships and exploring placement opportunities across emerging geographies and business segments.
• Ensure accurate documentation of all placements, reflecting agreed terms and individual reinsurer conditions in the placing slips, including separate documentation where required.
• Represent the organisation at global reinsurance forums and conferences to raise our profile and generate leads.
• Track global pricing cycles and capacity trends to find new geographies and stay compliant with IRDAI and international rules.