Business Development – Reinsurance (MGA)
Location: Dubai, UAE
Type: Full-time
Reporting to: Founder / Managing Director
About the Role
We are a growing reinsurance MGA based in Dubai, focused on Property and Energy lines. We are looking for a commercially driven Business Development professional whose core mandate is simple and measurable: bring in quality facultative and treaty business and help assemble additional underwriting capacity to support growth. This is not a marketing or relationship‑maintenance role. It is a front‑line revenue and capacity‑building position, suited to someone who understands how reinsurance actually gets placed, negotiated, and scaled.
Key Responsibilities
Business Origination
- Source and originate facultative and treaty reinsurance accounts in Property and Energy.
- Build and manage a pipeline of cedants, brokers, and producing partners across target regions.
>Lead commercial discussions from initial introduction through mandate, placement, and renewal.
- Work closely with underwriting to ensure submissions are market‑ready and commercially attractive.
Capacity & Market Development
- Identify, engage, and help secure additional capacity providers (reinsurers, carriers, capital partners).
- Support negotiations on terms, limits, structures, and delegated authorities where applicable.
- Help diversify capacity sources to reduce concentration and improve long‑term sustainability.
- Contribute to structuring new products or facilities aligned with market appetite.
Market Intelligence & Strategy
- Provide insight into market pricing, appetite shifts, and competitive dynamics in Property and Energy.
- Identify gaps or underserved niches where the MGA can deploy capital effectively.
- Feed real‑time market intelligence back into underwriting and strategic planning.
Relationship Management
- Maintain senior‑level relationships with cedants, brokers, and markets.
- Represent the MGA at industry meetings, conferences, and targeted roadshows.
- Act as a trusted commercial face of the business in the market.
Candidate Profile
Experience
- Proven experience in reinsurance business development, broking, or underwriting.
- Direct exposure to Property and/or Energy lines.
- Demonstrated track record of originating deals and/or building market relationships that convert into revenue.
- Experience working with facultative and/or treaty structures.
Location & Mobility
- Based in Dubai (or willing to relocate).
- Willing to travel as required for business development and market engagement.
What We Offer
- Competitive base salary with performance‑linked incentives tied to production and capacity outcomes.
- Extremely flexible working hours.
- Direct exposure to senior decision‑making and the ability to shape the MGA’s growth trajectory.
- A platform with ambition, flexibility, and room to build something meaningful rather than maintain legacy structures.
Skills & Attributes
- Strong commercial instincts with the ability to judge deal quality, not just volume.
- Deep understanding of how reinsurance capacity is sourced, negotiated, and maintained.
- Comfortable operating in an entrepreneurial, fast‑moving MGA environment.
- Self‑starter with minimal need for supervision—this is a role for someone who creates momentum.
- Clear communicator, confident with senior counterparties.