Property Facultative Reinsurance Specialist

Al Futtaim Private Company (LLC); Dubai; In loco; AED 250.000 - 450.000; Tempo pieno

Descrizione del lavoro

Al Futtaim Private Company (LLC) is seeking a seasoned Facultative Reinsurance professional to support placement of property facultative reinsurance, coordinating with underwriters, brokers, reinsurers, risk engineers, and finance to secure capacity and compliant terms.

The role involves preparation of submissions, market approaches, quotations management, and documentation control to ensure timely and accurate placements aligned with underwriting appetite and regulatory requirements.

Competenze

• Review underwriting referrals requiring facultative reinsurance support.
• Highlight material exposures including fire, catastrophe, and exposure build-up.
• Negotiate rates, commissions, coverage, exclusions and other placement terms.

Mansioni

• Prepare clear and complete facultative reinsurance submissions for Property and related risks.
• Approach approved local, regional and international reinsurance markets.
• Follow up with reinsurers and brokers to obtain quotations and capacity within agreed timelines.
• Maintain an audit trail of placement records and communications.
• Coordinate with underwriting and finance teams on premium closings and settlements.

Conoscenze

Reinsurance placement

Underwriting

Market access

Negotiation

Documentation

Formazione

Bachelor's degree in insurance, Risk Management, Business Administration, Finance, Economics, Engineering

Descrizione del lavoro

Al Futtaim Private Company (LLC) is seeking a seasoned Facultative Reinsurance professional to support placement of property facultative reinsurance, coordinating with underwriters, brokers, reinsurers, risk engineers, and finance to secure capacity and compliant terms.

The role involves preparation of submissions, market approaches, quotations management, and documentation control to ensure timely and accurate placements aligned with underwriting appetite and regulatory requirements.