Blend Financial Services - Assistant Vice President - Insurance

The candidate will be responsible for managing :

- Surety / Guarantee department encompassing all responsibilities emanating from Insurers, Clients, Regulators and Inter-Departmental responsibilities.

- Conducting a detailed study to design an insurance wrap for these clients in order to mitigate risks arising from open account trade, trade barriers, currency issues, non-payment, debtor insolvency, regional and international government issues.

- Developing a niche insurance market by marketing products such as Surety Bonds, Guarantees, Trade Credit Insurance, Geo Political Risk Insurance, Financial Guarantees etc.

- Assisting FIs in de-risking their balance sheet and fulfilling their capital adequacy ratio requirements through structured solutions

- Arranging Political and Commercial risk insurance support ( direct and Reinsurance side) for overseas projects and helping them to reduce their balance sheet risk

- Assisting corporate to set up Surety lines in order to enhance non fund based lines and creating healthy balance sheet

- Helping corporate clients for their domestic and international receivables through insurance support via global risk participation

- Working extensively with global underwriters and colleagues in Singapore, Dubai, Africa, USA, Latin America and London for placing offshore transactions across these geographies

- Liaise with the insurers/reinsurers to identify optimal solutions for clients

- Researching local and multinational insurance companies' policies and negotiating with underwriters to find the most suitable insurance for clients at the best price.

- Travelling to business centers in South East Asia, Middle East and Africa to facilitate transactions and strengthening business relationships.