Marsh
Website:
marsh.com
Job details:
We are seeking talented individual to join our Reinsurance Placement team at Marsh Risk India, a Marsh business. This is a hybrid role that has a requirement of working at least three days a week in the office.
Reinsurance Placement & Business Development (Facultative/Treaty) from Emerging & Developing countries (eg. Africa, Nepal, Bhutan, Latin America, Bangladesh, Erstwhile CIS countries etc.)
Role overview:
We are hiring a relationship-led reinsurance professional to originate and place facultative and/or treaty businesses from developing and emerging markets. This role is hands-on in market engagement, negotiation, and placement execution.
Location - Anywhere in India/Across the globe
We will count on you to
- Build and maintain active relationships with insurers, reinsurers, and MGAs to generate placement opportunities and secure capacity.
- Drive end-to-end execution of facultative and/or treaty placements including market approach, negotiation, and closure.
- Lead commercial discussions with multiple markets across regions, especially where placements require creativity, speed, and relationship leverage.
- Business development & revenue ownership
- Consistently develop pipeline through strong market reach and ongoing reinsurer/MGA engagement.
- Support broader growth by identifying new placement partners and expanding into new territories/segments within emerging markets.
- Ensure placements are clearly documented, with agreed terms captured in placing documents/slips and aligned to the specific reinsurer terms and conditions (including preparing separate placing documents where required).
- Confirm and document the client’s agreement to any differing terms as part of placement execution.
- Maintain strong discipline around key slip/contract details (e.g., parties, period, type of reinsurance, perils, limits, terms/clauses, brokerage, sanctions exclusion where applicable).
- Manage market negotiation sensitivities such as “best terms/most favored terms” language where applicable and ensure correct treatment in placing documentation.
What you need to have:
Experience
- Minimum 2 years of experience in reinsurance placements (facultative and/or treaty).
- Proven experience speaking with multiple insurers/reinsurers in developing and emerging markets.
- Professionals from smaller/local broking houses with existing relationships with cedants are also encouraged to apply.
- Strong existing relationships/network with reinsurers and/or MGAs relevant to these placements.
- Demonstrated ability to negotiate and close placements with speed, credibility, and good market presence.
Technical Skills
- MS Office – Word, Excel, PowerPoint and Outlook.
What makes you stand out?
- Strong organizational and multitasking abilities.
- Exceptional communication and interpersonal skills.
- Ability to work collaboratively with diverse teams and stakeholders.
- High attention to detail and a proactive problem-solving approach.
- Ability to handle sensitive financial data with confidentiality and integrity.
- Willingness to adapt to dynamic priorities and work independently when needed.
Why join our team:
- We help you be your best through professional development opportunities, interesting work and supportive leaders.
- We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.
- Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.
Marsh Risk is a business of Marsh (NYSE: MRSH), a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $24 billion and more than 90,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information about Marsh Risk, visit marsh.com, or follow us on LinkedIn and X.
Marsh is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age, background, caste, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law.
Marsh is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person
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