Job DescriptionWe are seeking a talented individual to join our Treaty Reinsurance (Guy Carpenter) team at Marsh Risk India, a Marsh business. 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.
nExecutive Vice President/ Vice President
nWe will count on you to:
nCore Job Responsibilities
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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.n
Business Procurement & Relationship Management: Identify, approach, and maintain solid relationships with domestic (e.g., GIC Re) and international reinsurers and brokers.n
Technical Analysis & Risk Assessment: Analyze client underwriting portfolios, loss history, and risk retention philosophy to provide technical data for reinsurance pricing.n
Market Negotiation & Placement: Negotiate competitive treaty terms, including commission, rates, and coverage limits.n
Documentation & Compliance:
Ensure compliance with IRDAI regulations on reinsurancen
Claims & Accounts Management: Assist in claims negotiation, settlement, and premium remittance to ensure proper cash flow between insurer and reinsurern
nCore Competencies:
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Client Focus: Understands client needs and delivers tailored solutions that create value and strengthen relationships.n
Communication: Clearly and confidently conveys information, both verbally and in writing, while listening actively and empathetically.n
Collaboration: Works effectively with colleagues across teams and disciplines to achieve shared goals.n
Analytical Thinking: Gathers and interprets complex information, identifies key issues, and proposes practical, well-reasoned solutions.n
Commercial Awareness: Demonstrates understanding of market dynamics and identifies prospects for business growth.n
Integrity and Accountability: A