Chief Manager- Reinsurance solutions
4 days ago
Posting Description:
Chief Manager- Reinsurance solutions
Responsible for collaborating closely with the client and AON's modelling team for modelling of client's CAT exposures wherever needed
- Responsible for the preparation and analysis of Treaty data and underwriting information including but not limited to allocation sheet, information packs, quote sheets, market sheets, slips, cover notes, wordings, endorsements, addendum, presentations as per AON's format
- Responsible for sharing the final information packs with client and thereby with allocated markets and resolving the queries if any
- Accountable for developing the quotation document and distributing it to the client
- Responsible for preparing the final order terms sheet and sharing with reinsurers for their written lines. Basis the written lines, the market sheet to be prepared and shared with clients
- Responsible for advising the signing to the reinsurers and ensuring acknowledgment from them
- Preparing the slips / endorsements and ensuring timely signatures from reinsurers
- To ensure accurate and timely data input in the data system (GRiDS) as well as ensuring compliance with relevant Company and Market Rules and Procedures.
- Maintenance of placement correspondence and documents such as slips, endorsements to assist brokers and for compliance reason
- Compiling a comprehensive summary for the term sheet, Treaty programme, structure charts, or schematics for clients
- To ensure the securities are approved by AON's market security team or otherwise inform the brokers of the CNL process during the time of placement.
- Supervising the Financial Responsibility Numbers (FRN) of reinsurers and supporting both reinsurers and clients as requested for FRN submissions
- Preparation and technical analysis of statistics and other underwriting information supporting the negotiation and placement of Treaty business by the broking team /Provide technical support to service reinsurance placements: assisting brokers with new business opportunities, renewals, and mid-term adjustments.
- Updating on progress of the placement using the appropriate trackers
- Help brokers with their continued communication with customers and reinsurance firms
- Aid brokers in their dealings with clients and reinsurers
- Working on various benchmarking and analysis as and when needed
- Working on L&H clients also with similar renewal process
- Liaoning with compliance / legal team etc for various legal requirements such as NDA, TOBA
- Maintain and share technical expertise in specialist/ technical areas
- Deliver outstanding service that goes above and beyond for our clients
- Guiding and mentoring new colleagues
- To assist the brokers to maintain and ensure the accurate opportunities are collected in the pipeline
- Support brokers to supervise the brokerage/revenue that is being booked in the system when activating contracts
- To supervise, via appropriate trackers showing the UMR, which contracts that are up for renewal and which are placed on a multi-year basis
-
Reinsurance Director
2 weeks ago
Mumbai, Maharashtra, India PlaceUp Full time ₹ 15,00,000 - ₹ 30,00,000 per yearJob Title: Reinsurance Director - BrokerLocation: IndiaRole OverviewWe are seeking a highly experienced and commercially driven Reinsurance Director to lead our reinsurance brokerage operations. The role requires deep market expertise, strong client management skills, and leadership in structuring, negotiating, and placing complex reinsurance programs across...
-
Placement - Reinsurance
1 week ago
Mumbai, Maharashtra, India SKS Enterpprises Full time ₹ 12,00,000 - ₹ 36,00,000 per yearPosition Name - Reinsurance - Life and Health Insurance Location - Mumbai Experience Range - 8 years+Work Model - Work from Office Mandatory Requirement:Experience in Broking / Life Insurance from Reinsurance domain into Sales & Placement.Job Roles and Responsibilities:Design and implement facultative and treaty reinsurance solutions for Life & Health...
-
Chief Manager
6 days ago
Mumbai, Maharashtra, India Kotak Life Insurance Full time ₹ 1,00,00,000 - ₹ 2,00,00,000 per yearJOB DESCRIPTIONPOSITION:-L5DESIGNATION :-Chief ManagerDEPARTMENT:-CPCOBJECTIVE OF THE ROLEShould be able to evaluate gaps if any in payout processes and add requisite controls; strengthen the existing controls through automation initiatives. The candidate should be able to handle the any of the line function like Commission, Reinsurance or Partner Incentive...
-
Reinsurance Manager
7 days ago
Mumbai, Maharashtra, India Liberty Mutual Full time ₹ 12,00,000 - ₹ 36,00,000 per yearDescriptionPrimary Responsibilities KRA's1. Reinsurance Accounting and Analytics, which includes accumulation tracking and payment & recovery management2. Treaty Renewal Activities:Preparation of infopack for treaty renewals as required by reinsurers/brokers.Analysis of the CAT Modelling report & working out CAT limit to be purchased.Quote comparison &...
-
Reinsurance Manager
2 weeks ago
Mumbai, Maharashtra, India SBI General Insurance Full time ₹ 9,00,000 - ₹ 12,00,000 per yearWe, at SBI General Insurance are looking for candidates who want to build their career in General Insurance Industry. This is a full time work from office opportunity.Job Role: Reinsurance ManagerJob Location: Andheri EastKey Skills: Looking for candidates having min 2 years of experience in Reinsurance - Treaty activities with General Insurance company.Role...
-
Chief Manager
4 days ago
Mumbai, Maharashtra, India Aon Full time ₹ 15,00,000 - ₹ 30,00,000 per yearJob Dimensions (Role and Responsibilities):Serve as the primary point of contact for clients, expertly handling inquiries and presenting reinsurance solutions to ensure outstanding client service.Play a key role in yearly renewals for respective lines of business, ensuring effective execution of reinsurance placements.Work together with the broking team to...
-
Chief Manager
4 days ago
Mumbai, Maharashtra, India Aon Corporation Full time ₹ 12,00,000 - ₹ 36,00,000 per yearJob Dimensions (Role and Responsibilities):Serve as the primary point of contact for clients, expertly handling inquiries and presenting reinsurance solutions to ensure outstanding client service.Play a key role in yearly renewals for respective lines of business, ensuring effective execution of reinsurance placements.Work together with the broking team to...
-
DVP - Reinsurance
1 week ago
Mumbai, Maharashtra, India Liberty Mutual Full time ₹ 12,00,000 - ₹ 36,00,000 per yearDescriptionLead the structuring, placement, and renewal of all Proportional and Non-Proportional Treaty Reinsurance Programs.Work closely with underwriting, claims, finance, and actuarial teams to align treaty strategy with risk appetite. Manage relationships with reinsurers and brokers across domestic and international markets. Ensure regulatory and...
-
Social Media Manager
4 days ago
Navi Mumbai, Maharashtra, India Nap Chief Full time ₹ 4,00,000 - ₹ 8,00,000 per yearJob description Social Media Manager Location: Turbhe, Navi Mumbai (on-site) Experience: 3–4 years in social media marketing / content strategy, ideally with D2C, fashion, or lifestyle brandsAbout Nap ChiefAt Nap Chief, we're redefining kidswear with bold character-led designs, luxe-quality fabrics, and a brand voice that resonates with fun-loving kids and...
-
Growth Manager – D2C
6 days ago
Mumbai, Maharashtra, India Nap Chief Full time ₹ 9,00,000 - ₹ 12,00,000 per yearWe're Hiring: Growth Manager – D2C & Marketplaces Function: Growth | D2C & MarketplacesLocation: Andheri, MumbaiAbout Nap ChiefAt Nap Chief, we create premium kidswear that parents love and kids adore. We're on a mission to grow our D2C presence, expand across marketplaces, and deliver delightful experiences at every touchpoint.We're looking for a hands-on...