Senior Facultative Broker
Role Overview
The Senior Facultative Broker supports the Broking & Technical Placement team, delivering facultative and treaty reinsurance solutions for Shory Re clients.
The role designs, markets, and executes placements that reflect client risk profiles, company governance, and FSRA standards.
The broker focuses on one or more lines: Property, Casualty, Construction & Engineering (CAR/EAR), Marine, Aviation & Transport, or Professional Lines.
The role supports operational excellence, strategic growth, revenue objectives, and long-term client relationships.
Key Skills for This Role
Full Job Posting
Role Purpose
The Senior Facultative Broker supports the Broking & Technical Placement team, delivering facultative and treaty reinsurance solutions for Shory Re clients.
The role designs, markets, and executes placements that reflect client risk profiles, company governance, and FSRA standards.
The broker focuses on one or more lines: Property, Casualty, Construction & Engineering (CAR/EAR), Marine, Aviation & Transport, or Professional Lines.
The role supports operational excellence, strategic growth, revenue objectives, and long-term client relationships.
Placement and Market Liaison
- Source, negotiate, and secure facultative placements in the core business lines.
- Build and maintain relationships with A-rated global reinsurers and Lloyd's syndicates.
- Identify opportunities to expand the reinsurance market footprint and product offering.
- Support development of facultative capacity aligned with company growth objectives.
Documentation and Client Service
- Prepare and validate slips, cover notes, and other reinsurance agreements accurately.
- Maintain auditable placement files, including client approvals and market communications.
- Develop structured recommendations with clear rationale and market comparisons.
- Provide post-placement support, including endorsements, renewals, and reinsurer liaison.
- Uphold client-first conduct in communications and transactions.
Compliance and Governance
- Ensure documentation and activities comply with regulatory and internal governance standards.
- Escalate potential breaches, conflicts, or risk incidents promptly.
- Maintain mandatory training and ongoing professional development.
Qualifications and Experience
- Bachelor's degree in Insurance, Risk, or Finance.
- ACII or equivalent is preferred.
- At least six years in reinsurance broking or technical placement.
- Demonstrable experience in one or more of the stated core business lines.
- Exposure to GCC and international reinsurance markets is essential.
Skills
- Strong negotiation, analytical, and market relationship skills.
- Excellent written and verbal communication in English; Arabic is advantageous.
- Proficiency in Microsoft Office and reinsurance placement platforms.
- In-depth knowledge of reinsurance market practices and FSRA regulatory expectations.
- Deep technical knowledge in one or more of the stated core business lines.
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