28 Sep
|
Choice International
|
Mumbai
28 Sep
Choice International
Mumbai
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 strong 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: Strong understanding of General Insurance products.
- Certifications: IRDAI Brokers Exam certification is preferred.
Skills & Competencies:
- Excellent leadership and team management capabilities.
- Robust 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)
🏢 Choice International
📍 Mumbai