Associate Director, Treaty

PRICE FORBES BROKING (ASIA) PTE. LTD.; Singapore; On-site; SGD 150,000 - 200,000; Full time

Job summary

A leading reinsurance firm is seeking an experienced Associate Director to join their Treaty team in Singapore. The ideal candidate will have at least 15 years of experience in treaty reinsurance with a strong focus on the Indonesian market. Responsibilities include developing client relationships, identifying business opportunities, and negotiating treaty programs. Fluency in English is required, and proficiency in Bahasa Indonesia is highly desirable. This is a senior, client-facing role with strategic responsibilities.

Qualifications

• Minimum 15 years’ experience in treaty reinsurance broking.
• Strong exposure to the Indonesian market.
• Established relationships with cedants and reinsurers.
• Proven track record in originating and placing treaty reinsurance programs.
• Strong technical knowledge of treaty structures and underwriting principles.

Responsibilities

• Develop and maintain relationships with cedants and reinsurers.
• Identify new business opportunities in the Indonesian market.
• Lead negotiations for treaty programs with reinsurers.
• Provide insights into market trends and regulatory developments.
• Mentor junior brokers and collaborate with other experts.

Skills

Client relationship management

Negotiation skills

Market expertise in Indonesian reinsurance

Communication skills

Fluency in English

Job description

Position Overview

We are seeking a highly experienced and driven Associate Director to join our Treaty team. The ideal candidate will have deep expertise in the Indonesian (and broader ASEAN) reinsurance market, established client and reinsurer relationships, and a proven ability to structure, negotiate, and place treaty programs. This is a senior, client-facing role that requires strategic thinking, technical expertise, and strong commercial acumen.

Key Responsibilities

Client Relationship Management

• Develop and maintain strong, long-term relationships with cedants, reinsurers, and key stakeholders in Indonesia and the wider region.
• Act as a trusted advisor to clients, delivering innovative reinsurance solutions tailored to their business needs.

Business Development

• Identify new business opportunities across the Indonesian market, with a focus on treaty placements in property, casualty, motor, and specialty lines.
• Expand the firm's regional footprint through networking, referrals, and strategic market engagement.

Placement & Negotiation

• Lead the structuring, marketing, and placement of treaty programs with regional and international reinsurers.
• Negotiate optimal terms, conditions, and pricing on behalf of clients.

Market Expertise & Strategy

• Provide insights into market trends, regulatory developments, and competitive dynamics within Indonesia and ASEAN.
• Contribute to the firm's strategic growth initiatives across Asia-Pacific.

Team Leadership & Collaboration

• Mentor junior brokers and contribute to knowledge-sharing across the regional team.
• Collaborate closely with analytics, claims, and specialty experts to deliver best-in-class client outcomes.
• Your scope of duties is not restrictive and may be expanded at the company’s discretion.

Requirements

• Minimum 15 years’ experience in treaty reinsurance broking, with strong exposure to the Indonesian market.
• Established relationships with cedants, reinsurers, and regulators in Indonesia.
• Proven track record in originating and placing treaty reinsurance programs.
• Strong technical knowledge of treaty structures, underwriting principles, and reinsurance wordings.
• Excellent communication, negotiation, and presentation skills.
• Ability to operate in a multicultural, fast-paced environment.
• Fluency in English is required Bahasa Indonesia proficiency highly desirable.

Representing Price Forbes

• Champion the Price Forbes name and core values.

1. Unity – we build on our own experience of innovation to push boundaries in partnership with clients.
2. Accountability – we take ownership of our actions, honor our commitments, accept responsibility for our decisions, and follow through with integrity.
3. Integrity – we act with honesty, transparency, and fairness in all interactions, building trust through ethical behavior and principled decision-making.
4. Quality – we are committed to delivering high standards, paying attention to detail, and continuously improving to exceed expectations.

• Represent Price Forbes with clients, agents, suppliers and other organisations.

Compliance

• Comply with relevant legal, regulatory and compliance requirements, E&O compliance procedures and quality initiatives.
• Escalation of any potential E&O's to Compliance Officer and Executive Directors at the earliest opportunity.
• Ensure completion of all mandatory Company training and to deadline.