- Workplace
- Onsite
- Type
- Full-time
- Department
- Sales
- Source
- RecruiterFlow
Description
MANDATORY REQUIREMENTS
• Must be from the Insurance Broking / Reinsurance / General Insurance
• Must have strong understanding of treaty reinsurance structures & market dynamics
• Must have expertise in developing and maintaining relationships with domestic and international reinsurers.
• 8+ years of relevant experience
ABOUT THE CLIENT
Our client is a composite insurance and reinsurance broking company and has built a strong presence, particularly in the commercial lines and species space.
JOB ROLES & RESPONSIBILITIES
• Identify and develop new business opportunities for treaty reinsurance across proportional and non-proportional treaty placements.
• Build and maintain relationships with insurance companies, insurers, cedants, and key decision-makers.
• Coordinate treaty renewals and new placements, including quota share, surplus, excess of loss (XoL), and other treaty structures.
• Understand clients’ risk exposures, portfolio requirements, retention strategies, and reinsurance protection needs.
• Develop strong relationships with domestic and international reinsurers to negotiate competitive terms, capacity, pricing, and coverage.
• Lead treaty renewal discussions, manage placement timelines, and ensure timely completion of renewals.
• Coordinate with clients, reinsurers, and internal technical teams to negotiate terms and facilitate successful treaty placements.
• Achieve business development targets, grow the existing portfolio, and identify cross-selling opportunities.
• Monitor reinsurance market trends, pricing movements, regulatory developments, and emerging client requirements.
• Work closely with treaty placement, underwriting, analytics, and reinsurance operations teams to ensure effective execution.
QUALIFICATION & EXPERIENCE • 8 - 20 years of relevant experience in treaty reinsurance sales, broking, client relationship management, or business development.
• Graduate / Post Graduate in Business, Commerce, Finance, Insurance, or a related field
• Professional certifications such as IRDAI licensing, Associate/Fellow of the Insurance Institute of India (III), CII (UK), or AIRM are an added advantage.
• Experience working with insurance companies, cedants, reinsurers, and reinsurance brokers.
• Demonstrated ability to generate business, manage client portfolios, and achieve revenue targets.
• Strong commercial acumen, negotiation, presentation, and stakeholder management skills.
• Knowledge of treaty wordings, placement processes, renewals, and reinsurance market practices.
• Relevant experience in the Indian & International insurance and reinsurance ecosystem.
OTHER DETAILS
Reporting To: Reinsurance Head
Industry Target: Industry Target: Insurance Broking / Reinsurance / General Insurance
Work Model Arrangement: Onsite