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j b boda & co (s) pte ltd

Senior Facultative Reinsurance Broker Engineering & Energy

10-12 Years
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Job Description

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

Interested applicants please email resume to [Confidential Information].

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Job ID: 149110595

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Skills:

NegotiationAnalytical ThinkingFacultative reinsurance placementReinsurance structures and policy wordingsProblem-solving