Position Summary:
This position involves driving business development by engaging with the Insurers as well as Reinsurers of repute and participate on reinsurance transactions as a reinsurance broker by negotiating best terms.
Key Responsibilities:
Target Achievement: Develop reinsurance market by seeking underwriting capacity and best terms.
Business Development: Actively source, manage, and grow high-value reinsurance contracts.
Team Leadership: Lead, mentor, and monitor the performance of the teams to ensure high productivity.
Client Engagement: Build and maintain solid relationships with insurers and reinsurers for competitive pricing and terms.
Compliance & Operations: Ensure strict adherence to IRDAI regulations, company policies, and ethical standards in all transactions.
Market Analysis: Track competitor activities, pricing trends, and market opportunities to provide inputs on expansion of business.
Operational Coordination:
Coordinate with sales, placement, operations, Finance and claims teams to ensure seamless service delivery.
Qualifications & Experience:
Education: Graduation / Post Graduation / MBA
Experience: 6 to 8 years of experience in the insurance industry preferably underwriting or reinsurance, with at least 5+ years in a senior role.
Domain Knowledge: Solid understanding of General Insurance products.
Certifications: IRDAI Brokers Exam certification is preferred.
Skills & Competencies:
Excellent leadership and team management capabilities.
Solid networking, negotiation, and communication skills.
High proficiency in client relationship management and business development.
Strong analytical skills to interpret market data and trends
📌 Business Development Manager Mumbai (India)
🏢 Choice International
📍 India
Reply to this offer
Impress this employer describing Your skills and abilities, fill out the form below and leave Your personal touch in the presentation letter.