Analyst/Senior Analyst

2 months ago

ECap Equities Limited Subsidairy rd Floor Tower Wing B Kohinoor City Mall Kohinoor City Kirol Road KurlaW, India Gallagher Full time
Introduction

We believe that every candidate brings something special to the table, including you So, even if you feel that you’re close but not an exact match, we encourage you to apply. We’d be thrilled to receive applications from exceptional individuals like yourself.

 

Gallagher, a global industry leader in insurance, risk management, and consulting services, boasts a team of over 50,000 professionals worldwide. Our culture, known as "The Gallagher Way," is driven by shared values and a passion for excellence. At the heart of our global operations, the Gallagher Center of Excellence (GCoE) in India, founded in 2006, upholds the values of quality, innovation, and teamwork. With 10,000+ professionals across five India locations, GCoE is where knowledge-driven individuals make a significant impact and build rewarding, long-term careers.


Overview

Gallagher Re are looking for an experienced, dynamic and proactive individual to join our EMEA Client Service Team in Mumbai providing support to Producers and Brokers in placement and servicing of our clients.

This position will be based in Mumbai and will require daily interaction with other colleagues in Ipswich, London and other regional offices, as well as with our clients and reinsurers.

The business unit handles proportional and non-proportional reinsurance contracts for our clients based across Europe.


How you'll make an impact

  • Understand the client’s business and their reinsurance programmes, continually working with the placing team to fully understand any specific client requirements
  • Participate in renewal planning, anticipating and preventing possible issues before they occur
  • Manage and coordinate workflow around seasonal renewals for assigned accounts
  • Strive to improve the overall client relationship - supervising the delivery of reliable, high-quality and timely billing and administrative support
  • Coordinate adherence to internal Compliance requirements and controls in dealing with our clients, the market and third parties.
  • Undertake travel as required to clients, reinsurers and/or other Gallagher Re offices and attend relevant meetings, ensure meeting notes and follow up actions are completed
  • Technical knowledge of Reinsurance business and servicing functions is essential
  • Develop and maintain close working relationships with Brokers & Account Executives
  • Act as the primary point of contact to Brokers, supervising all support matters
  • Review market security information on reinsurers, checking compliance and financial positions
  • Create / Update marketing sheets for Broking Team
  • Produce data, statistics, and information packs in support of the placement of a client’s reinsurance programme
  • Liaise with Compliance / Sanctions Team on sanctions checks where touch points exist
  • Effectively communicate with various stakeholders, both internal and external
  • Support creation of slips / endorsements
  • Checking files to ensure all information is present and accurate
  • Ensure contract records are accurately maintained within transactional broking system
  • Generate and issue evidence of cover, debit notes and closing instructions
  • Review and interrogate reinsurance contracts to facilitate billing within agreed timescales
  • Regular contact with colleagues on technical support/contracts
  • Manage and resolve queries from clients and reinsurers
  • Produce contractual documentation to a high level and within timescales
  • Understanding of LPSO/DXC requirements for premium submission, signing and financial movement
  • Maintain files in an orderly manner electronically, ensuring these are within Client Excellent Model guidelines
  • Supports less experienced team members with all required Placement Support tasks including SPOE checking and authorising as required
  • Works proactively with all team members to develop knowledge within the team to achieve the best results for the clients

About you

  • Educated to Degree standard or equivalent
  • CII qualifications or studying towards would be beneficial
  • Reinsurance knowledge and experience is essential.
  • Intermediate IT skills (Microsoft Office)
  • Good communication skills (Written and Verbal)
  • Attention to detail
  • Ability to organize and prioritize
  • Ability to work in a team and autonomously; and general willingness to learn and grow
  • Ability to build strong working relationships with both clients and brokers
  • Good time management skills

Additional Information

We value inclusion and diversity

Inclusion and diversity (I&D) is a core part of our business, and it’s embedded into the fabric of our organization. For more than 95 years, Gallagher has led with a commitment to sustainability and to support the communities where we live and work.  

Gallagher embraces our employees’ diverse identities, experiences and talents, allowing us to better serve our clients and communities. We see inclusion as a conscious commitment and diversity as a vital strength. By embracing diversity in all its forms, we live out The Gallagher Way to its fullest. 

Gallagher believes that all persons are entitled to equal employment opportunity and prohibits any form of discrimination by its managers, employees, vendors or customers based on race, color, religion, creed, gender (including pregnancy status), sexual orientation, gender identity (which includes transgender and other gender non-conforming individuals), gender expression, hair expression, marital status, parental status, age, national origin, ancestry, disability, medical condition, genetic information, veteran or military status, citizenship status, or any other characteristic protected (herein referred to as “protected characteristics”) by applicable federal, state, or local laws.  

Equal employment opportunity will be extended in all aspects of the employer-employee relationship, including, but not limited to, recruitment, hiring, training, promotion, transfer, demotion, compensation, benefits, layoff, and termination. In addition, Gallagher will make reasonable accommodations to known physical or mental limitations of an otherwise qualified person with a disability, unless the accommodation would impose an undue hardship on the operation of our business. 

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