Posted by
Posted in
Sales & Marketing
Job Code
1707092

Role & responsibilities :
We are seeking a talented individual to join our Treaty Reinsurance team at Company. This role will be based in Mumbai. This is a hybrid role that has a requirement of working at least three days a week in the office.
We will count on you to :
Core Job Responsibilities :
Treaty Structuring & Placement : Design and place proportional (Quota Share/Surplus) and non-proportional (Excess of Loss/Stop Loss) treaties, covering entire portfolios rather than individual risks.
Business Procurement & Relationship Management : Identify, approach, and maintain strong relationships with domestic (e.g., GIC Re) and international reinsurers and brokers.
Technical Analysis & Risk Assessment : Analyze client underwriting portfolios, loss history, and risk retention philosophy to provide technical data for reinsurance pricing.
Market Negotiation & Placement : Negotiate competitive treaty terms, including commission, rates, and coverage limits.
Documentation & Compliance : Ensure compliance with IRDAI regulations on reinsurance
Claims & Accounts Management: Assist in claims negotiation, settlement, and premium remittance to ensure proper cash flow between insurer and reinsurer
Core Competencies :
Client Focus : Understands client needs and delivers tailored solutions that create value and strengthen relationships.
Communication : Clearly and confidently conveys information, both verbally and in writing, while listening actively and empathetically.
Collaboration : Works effectively with colleagues across teams and disciplines to achieve shared goals.
Analytical Thinking : Gathers and interprets complex information, identifies key issues, and proposes practical, well-reasoned solutions.
Commercial Awareness : Demonstrates understanding of market dynamics and identifies opportunities for business growth.
Integrity and Accountability : Acts with honesty, transparency, and professionalism; takes ownership for delivering quality outcomes.
Adaptability : Adjusts effectively to new situations, challenges, and client requirements while maintaining focus and composure.
Resilience : Performs effectively under pressure and remains positive and solution-oriented in the face of challenges.
Continuous Learning : Proactively seeks opportunities for professional development and knowledge sharing.
Innovation : Brings forward new ideas and creative approaches to improve client service and business performance.
What you need to have :
- 12-15 years of proven experience in reinsurance broking or a related client-facing reinsurance role, in India
- Strong understanding of treaty and facultative placements, all lines of reinsurance
- Excellent working knowledge of Indian and international reinsurance markets.
- Collaborative approach with the ability to work flexibly within a team.
- Education : Graduate / Post Graduate
- Commitment to professional development and maintaining the highest standards of conduct, integrity, and customer focus
What makes you stand out :
- Proven Leadership skill traits (elected leader in community, school & college). Background of having leadership role.
- Strong analytical, detail-minded and solution oriented skills.
- Good networking skills and relationship management skills.
- Strong communication / presentation skills.
- Excellent interpersonal skills.
Role : BFSI, Investments & Trading - Other
Industry Type : Insurance
Department : BFSI, Investments & Trading
Employment Type : Full Time, Permanent
Role Category : BFSI, Investments & Trading - Other
Education :
UG : Any Graduate
PG : MBA/PGDM in Any Specialization
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Posted by
Posted in
Sales & Marketing
Job Code
1707092