Senior Business Development Manager — Reinsurance (with Underwriting Experience)

roomDar es Salaam

business_centerFull Time

book Direct Reports

bookmark Manager

directions_carDriving License Not Required

flagOnly Open to Tanzanian Nationals

access_timeExpiring in 26 Days

businessInsurance

Summary

The manager will be responsible to originate, structure and place facultative and treaty reinsurance business, applying hands-on underwriting expertise to triage risks, prepare market-ready submissions, and negotiate optimal terms with reinsurers. The role is the senior production position in the company and mentors the business development team.

Responsibilities

1.Origination & Production

  • Originate new facultative and treaty business from cedants in Tanzania and regional African markets; own an annual production target.
  • Manage and grow an assigned portfolio of cedant relationships; lead renewal strategy and defend retention.
  • Represent the company at industry events, cedant visits, and market meetings across the region.

2.Technical / Underwriting

  • Apply underwriting judgement to triage inward risks: assess exposure, loss records, retention structures and pricing adequacy before approaching markets.
  • Prepare high-quality submissions, slips, and placement documentation; ensure contract certainty and accurate risk data (including bordereaux quality).
  • Negotiate terms, conditions and pricing with reinsurers; recommend optimal placement structures (proportional, XoL, layered programmes).
  • Advise cedants on programme design, retention optimisation, and emerging-risk coverage solutions.

3.Leadership & Stewardship

  • Coach and supervise Business Development Manager(s); review their submissions and market approaches.
  • Monitor market security, capacity trends and pricing cycles; feed market intelligence into company strategy.
  • Ensure post-placement discipline: timely endorsements, premium bookings, claims notifications and support to credit control.

Education and Qualifications

  • 10+ years in reinsurance, including at least 4 years in an underwriting role at an insurer or reinsurer (facultative and/or treaty)
  • Bachelor's degree; ACII (achieved or in advanced progress) or equivalent
  • Fluent English; confident negotiator and presenter

Requirements

  • Proven production track record in reinsurance broking or inward reinsurance business development
  • Strong technical command of property, engineering, energy, liability and/or specialty lines
  • Established relationships with cedants and reinsurers in African markets
  • Experience in both broking and underwriting sides of the market
  • Kiswahili and/or French (for francophone African markets)
  • Familiarity with credit & surety and agriculture lines

Characteristics

  • Underwriting judgement and analytical rigour
  • Relationship building and consultative selling
  • Negotiation and structuring creativity
  • Mentoring and team leadership
  • Self-starter with strong pipeline discipline

Reporting To

Chief Executive Officer (CEO)

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Insurance: 10 Years

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