Property FAC Underwriter - Reinsurance

SKS Enterpprises; Ahmedabad District; On-site; INR 350,000 - 700,000; Full time

Job summary

SKS Enterpprises, expanding its reinsurance operations in India, seeks a senior underwriter for Property Facultative Reinsurance. You will underwrite complex property risks, assess CAT exposure, and negotiate terms with brokers and cedants while contributing to portfolio growth.

The role reports to the Director and is onsite in Gandhinagar/India. Candidates should have 1015+ years of experience in property reinsurance and hold a graduate degree in a related field; professional qualifications

Qualifications

• 1015+ years of Property Facultative Reinsurance underwriting experience.
• Strong experience underwriting large, complex Property risks.
• Hands-on experience in risk assessment, pricing, CAT exposure and accumulation management.
• Strong broker/cedant relationships with experience independently negotiating and making underwriting decisions.

Responsibilities

• Underwrite complex Property Facultative Reinsurance risks in line with underwriting guidelines and risk appetite.
• Assess large industrial and commercial property risks, including CAT exposure, loss history and risk quality.
• Handle pricing, capacity, terms, conditions and structuring of facultative solutions.
• Build relationships and negotiate with brokers, cedants and reinsurance intermediaries.
• Monitor portfolio profitability, exposure and accumulation.
• Contribute to portfolio growth, underwriting strategy and market development.
• Provide technical guidance to junior and mid-level underwriters.

Skills

Underwriting

Risk assessment

Pricing

CAT exposure

Portfolio management

Broker relationships

Education

Graduate degree in Engineering/Commerce/Finance/Insurance

Job description

MANDATORY REQUIREMENTS

• 1015+ years of Property Facultative Reinsurance underwriting experience.
• Strong experience underwriting large, complex industrial & commercial Property risks.
• Hands-on experience in risk assessment, pricing, CAT exposure and accumulation management.
• Strong broker/cedant relationships with experience independently negotiating and making underwriting decisions.

ABOUT THE CLIENT

A leading South African insurance and reinsurance group with a strong international presence. The company is expanding its reinsurance operations in India through GIFT City, Gandhinagar, and is building a senior underwriting team to support growth across the Indian and international markets.

JOB ROLES & RESPONSIBILITIES

• Underwrite complex Property Facultative Reinsurance risks in line with underwriting guidelines and risk appetite.
• Assess large industrial and commercial property risks, including CAT exposure, loss history and risk quality.
• Handle pricing, capacity, terms, conditions and structuring of facultative solutions.
• Build relationships and negotiate with brokers, cedants and reinsurance intermediaries.
• Monitor portfolio profitability, exposure and accumulation.
• Contribute to portfolio growth, underwriting strategy and market development.
• Provide technical guidance to junior and mid-level underwriters.

QUALIFICATION & EXPERIENCE

• Graduate degree in Engineering, Commerce, Finance, Insurance or a related field.
• 1015+ years of experience in Property / Property Facultative Reinsurance.
• Strong experience in large and complex Property risk underwriting.
• FIII, ACII, CPCU or equivalent qualification would be an advantage.

OTHER DETAILS

• Reporting To: Director
• Industry Target: Reinsurance companies / Global reinsurers / International insurers / Lloyds market with strong exposure to Property Facultative Reinsurance.
• Work Model Arrangement: Onsite
• Employment Type: FULL_TIME .