Life Insurance Reinsurance Expert
2 weeks ago
**Aon's Life & Health Reinsurance Opportunity in India**
Aon plc (NYSE: AON) is a leading global professional services firm providing a broad range of risk, retirement and health solutions. With over 50,000 colleagues in 120 countries, we empower results for clients by using proprietary data and analytics to deliver insights that reduce volatility and improve performance.
In this exciting role, you will play an integral part in the development of our Indian Life & Health Reinsurance business with a strong focus on Group Insurance solutions including PMJJBY, AB, Credit Life & Microfinance Schemes. As a core member of Aon's Life & Health Reinsurance broking team, you will report to the Head of Life Reinsurance for India.
The role involves identifying and understanding our Life & Health insurance clients' objectives and reinsurance needs, as well as winning the right to place these reinsurance arrangements into the local and overseas reinsurance markets on their behalf. You will contribute to the development of our service offering, marketing and value proposition to existing and prospective clients.
To succeed in this role, you will need to provide timely and insightful analysis on Industry developments, market insights and competitor landscape. You will also be responsible for preparing and reviewing the insurance and marketing information needed for undertaking reinsurance tenders, negotiating with reinsurers on behalf of our clients, and completing reinsurance transactions.
You will present the terms and conditions, the risks, and the economics of a reinsurance transaction to potential stakeholders. Additionally, you will collaborate with (re)insurance markets to expand the current (re)insurance offering to provide flexibility and capacity to our clients. Your key performance indicators will include impeccable customer service, developing actuarial networks and key senior relationships, insurance and/or reinsurance pricing and tendering experience, and a natural taste for tackling challenges and creating new market norms.
We are seeking a highly motivated and talented individual with a university graduate degree in Business, Economics, Actuarial Science or related fields such as Finance or Statistical studies. Actuarial qualification or working towards actuarial qualification is strongly preferred. Minimum 5 year's experience in the life insurance industry working in consulting, product development, marketing or analytical roles is required. Reinsurance experience would be a major plus. The ideal candidate will be self-motivated, hold oneself accountable and take ownership for problem resolution, prioritize under pressure, possess excellent communication and presentation skills, and engage senior levels within internal and external organisations.
The estimated salary for this role is around ₹20-25 lakhs per annum based on industry standards and location. If you are a dynamic and result-driven professional looking for a challenging opportunity in Life & Health Reinsurance, please submit your application. We look forward to hearing from you
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