18 Oct
|
SKS Enterpprises
|
India
18 Oct
SKS Enterpprises
India
MANDATORY REQUIREMENTS
- Must be from the Insurance Broking / Reinsurance / General Insurance
- Must have strong understanding of treaty reinsurance structures & market dynamics
- Must have expertise in developing and maintaining relationships with domestic and international reinsurers.
- 8 years of relevant experience
ABOUT THE CLIENT
Our client is a composite insurance and reinsurance broking company and has built a solid presence, particularly in the commercial lines and species space.
JOB ROLES & RESPONSIBILITIES
- Identify and develop new business opportunities for treaty reinsurance across proportional and non-proportional treaty placements.
- Build and maintain relationships with insurance companies, insurers, cedants, and key decision-makers.
- Coordinate treaty renewals and new placements, including quota share, surplus, excess of loss (XoL), and other treaty structures.
- Understand clients’ risk exposures, portfolio requirements, retention strategies, and reinsurance protection needs.
- Develop strong relationships with domestic and international reinsurers to negotiate competitive terms, capacity, pricing, and coverage.
- Lead treaty renewal discussions, manage placement timelines, and ensure timely completion of renewals.
- Coordinate with clients, reinsurers, and internal technical teams to negotiate terms and facilitate successful treaty placements.
- Achieve business development targets,
grow the existing portfolio, and identify cross-selling opportunities.
- Monitor reinsurance market trends, pricing movements, regulatory developments, and emerging client requirements.
- Work closely with treaty placement, underwriting, analytics, and reinsurance operations teams to ensure effective execution.
QUALIFICATION & EXPERIENCE • 8 - 20 years of relevant experience in treaty reinsurance sales, broking, client relationship management, or business development.
- Graduate / Post Graduate in Business, Commerce, Finance, Insurance, or a related field
- Professional certifications such as IRDAI licensing, Associate/Fellow of the Insurance Institute of India (III), CII (UK), or AIRM are an added advantage.
- Experience working with insurance companies, cedants, reinsurers, and reinsurance brokers.
- Demonstrated ability to generate business, manage client portfolios, and achieve revenue targets.
- Strong commercial acumen, negotiation, presentation, and stakeholder management skills.
- Knowledge of treaty wordings, placement processes, renewals, and reinsurance market practices.
- Relevant experience in the Indian & International insurance and reinsurance ecosystem.
OTHER DETAILS
Reporting To: Reinsurance Head
Industry Target: Industry Target: Insurance Broking / Reinsurance / General Insurance
Work Model Arrangement: Onsite
📌 RI Treaty Sales (India)
🏢 SKS Enterpprises
📍 India