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Mumbai
About the Company
A growing organization operating in the Insurance & Reinsurance domain, focused on building a profitable and globally competitive reinsurance portfolio. The company is expanding its presence across international markets through strong partnerships, innovative product development, and disciplined business practices.
Position Overview
The Business Development – Reinsurance (Outward) role drives growth across Facultative and Treaty reinsurance lines. Positioned at mid-level and senior-level, this role is responsible for developing and maintaining a profitable reinsurance book across overseas regions, working closely with reinsurers, clients, and internal support teams.
Key Responsibilities
- Develop business for reinsurance – treaty and facultative lines across overseas markets.
- Identify and pursue new market prospects to expand the RI Book.
- Maintain a profitable reinsurance business portfolio for assigned regions.
- Work with rated markets for placement of reinsurance and retrocession business.
- Identify opportunities in Property, Engineering, Aviation, and Retro Protection segments.
- Negotiate with global reinsurers to secure competitive reinsurance quotes.
- Analyze treaties and facultative offers using statistical data to optimize cover understanding.
- Conduct research on new product and regional developments, preparing relevant statistics.
- Build and sustain business networks by attending international conferences and partner meetings.
- Manage end-to-end client servicing—from sourcing and placement to settlement completion.
- Support the implementation of compliance processes in coordination with Operations Support and Claims Support teams.
Required Experience & Qualifications
- Experience: Proven track record in the Reinsurance space, with strong domain knowledge in Insurance & Reinsurance and experience developing business in emerging regions.
- Leadership: Ability to manage cross-border relationships and collaborate with internal support teams.
- Technical Expertise: Deep understanding of Facultative and Treaty reinsurance, retrocession, and market placement processes.
- Soft Skills: Strong sales acumen, excellent communication and presentation skills, and willingness for extensive travel to grow business.
Why Consider this Opportunity?
- Lead business development across diverse international reinsurance markets.
- Shape a profitable and expanding RI Book with global exposure.
- Engage directly with top-tier reinsurers and clients worldwide.
- Contribute to strategic growth in high-potential segments such as Property, Engineering, Aviation, and Retro Protection.
- Collaborate with experienced operations and claims teams in a dynamic, growth-oriented environment.
Function:
Management
Must Have:
- reinsurance
Good To Have:
- insurance
Key Skills:
Insurance
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