Company Overview

J. B. BODA & Co. (Singapore) Pte. Ltd., established in 1981, serves ASEAN, Australia, and the Pacific as a key reinsurance broker. We provide reinsurance program design, client advisory, actuarial services, and technical training across traditional and non-traditional insurance classes.

Job Summary

We seek an experienced Facultative Reinsurance Broker to grow our Engineering & Energy portfolio in Southeast Asia by originating business, structuring reinsurance solutions, managing relationships, and driving profitable growth.

Responsibilities

Analyse complex engineering risks such as construction projects, machinery breakdown, and power plants to inform reinsurance decisions
Review underwriting information, technical reports, and engineering data to assess risk profiles accurately
Arrange facultative reinsurance placements tailored to client needs by negotiating terms, pricing, and coverage with reinsurers
Prepare and present detailed submission documents to the reinsurance market to secure optimal placements
Act as liaison between insurers (cedants) and reinsurers to facilitate clear communication and effective risk transfer
Advise clients on reinsurance arrangements and current market conditions to support informed decision-making
Maintain strong relationships with underwriters and reinsurers to enhance business opportunities and market access
Prepare slips, endorsements, and placement documentation ensuring accuracy and compliance with regulatory and internal standards
Maintain accurate records of placements and communications for audit and operational efficiency
Monitor trends in engineering risks, pricing, and capacity to provide timely market intelligence
Stay updated on developments in sectors such as construction, energy, and infrastructure to anticipate market shifts
Share relevant insights with clients and internal teams to support strategic planning and risk management

Required competencies and certifications

Degree in Engineering (Civil, Mechanical, Electrical) or related field preferred alternatively, Degree in Insurance, Risk Management, or Finance with relevant experience
Minimum 10 years of experience in reinsurance broking or underwriting, preferably in engineering lines
Experience in facultative reinsurance placement is desirable
Good understanding of engineering insurance classes (CAR, EAR, MB, etc.)
Knowledge of reinsurance structures and policy wordings

Preferred competencies and qualifications

Strong negotiation and communication skills demonstrated through successful reinsurance placements
Analytical thinking and problem-solving ability applied to complex risk assessments
Relationship management and client-facing confidence to build and sustain business partnerships

Senior Facultative Reinsurance Broker – Engineering & Energy