Life & Health Reinsurance Broker - India

4 days ago

Mumbai Maharashtra, India Aon Corporation Full time

Posting Description:
**The Company Overview**
Aon plc (NYSE: AON) is a leading global professional services firm providing a broad range of risk, retirement and health solutions.

Our 50,000 colleagues in 120 countries empower results for clients by using proprietary data and analytics to deliver insights that reduce volatility and improve performance.

Aon India Insurance Brokers Private Limited, (formerly Anviti Insurance Brokers Private Limited), licensed since 2017, is a composite insurance broker delivering insurance and reinsurance broking services to corporate clients in India.

Aon India has over 480+ colleagues across nine locations in India. Website:
**Job Dimensions (role and responsibilities)**:
We are seeking a highly motivated and equally talented individual to join our Life & Health Reinsurance team servicing our Indian clients. In this role, based in Mumbai, the new team member will play an integral part in the development of our Indian Life & Health Reinsurance business with a strong and immediate focus on Group Insurance solutions including PMJJBY, AB, Credit Life & Microfinance Schemes.

The role will focus on identifying and understanding our Life & Health insurance clients’ objectives and reinsurance needs and winning the right to place these reinsurance arrangements into the local and overseas reinsurance markets on their behalf.

**Responsibilities**
- A core member of Aon’s Life & Health Reinsurance broking team, reporting to the Head of Life Reinsurance for India.
- Contribute to the development of our service offering, marketing and value proposition to existing and prospective clients.
- Provide timely and insightful analysis on Industry developments, market insights and competitor landscape.
- Prepare and review the insurance and marketing information (whether quantitative or qualitative) needed for undertaking reinsurance tenders, negotiating with reinsurer’s on behalf of our clients, and completing reinsurance transactions.
- Present the terms and conditions, the risks, and the economics of a reinsurance transaction to potential stakeholders.
- Collaborate with (re)insurance markets to expand the current (re)insurance offering to provide flexibility and capacity to our clients.
- Assist the Head of Life Reinsurance in the ongoing review, development and execution of Aon’s overall strategy for Life & Health reinsurance business in India.

**KEY PERFORMANCE INDICATORS**
- Impeccable customer service
- Developing actuarial networks and key senior relationships
- Insurance and/or reinsurance pricing and tendering experience
- Natural taste for tackling challenges and creating new market norms.
- This role offers a great combination of fun and hard work, and will bring you a wealth of client-facing experience.

**Skills and Attitude**
- Enthusiastic dedication to clients with a winning spirit.
- University graduate 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. Reinsurance experience would be a major plus.
- Self-motivated, holds oneself accountable and takes ownership for problem resolution.
- Able to prioritize under the pressure of competing deadlines.
- Excellent communication and presentation skills
- Able to engage senior levels within internal and external organisations.

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