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Novo Insurance - Manager - Reinsurance

Novo Insurance - Manager - Reinsurance

Novo Insurance Broking Services Private LimitedMumbai, India
30+ days ago
Job description

Novo Insurance Broking Services is an IRDAI-licensed, fast-growing insurance broking company, offering innovative insurance and reinsurance solutions to corporates across industries. We are expanding our reinsurance vertical and looking for a Reinsurance Business Development Manager to drive growth and build strong relationships with clients and reinsurers.

Role Overview :

  • The Reinsurance Business Development Manager will be responsible for generating new business opportunities, developing client relationships, managing reinsurance placements, and ensuring profitable growth of the reinsurance portfolio.
  • The role requires a strong combination of sales acumen, technical knowledge of reinsurance products, and relationship management skills.

Key Responsibilities :

  • Identify and develop new business opportunities in treaty and facultative reinsurance.
  • Build and maintain strong relationships with insurers, reinsurers, and corporate clients.
  • Understand client needs and design effective reinsurance solutions.
  • Negotiate terms, pricing, and coverage with reinsurers to deliver optimal outcomes.
  • Collaborate with internal broking, underwriting, and claims teams to support client requirements.
  • Track market trends, competitor activities, and emerging opportunities in reinsurance.
  • Achieve business development targets while ensuring compliance with IRDAI Postgraduate in Insurance, Finance, or related field (Insurance certifications like ACII, FIII preferred).
  • 5-10 years of experience in reinsurance business development with a broker, insurer, or reinsurer.
  • Strong understanding of reinsurance products, structures, and markets.
  • Proven track record in client acquisition and relationship management.
  • Excellent negotiation, communication, and presentation skills.
  • (ref : iimjobs.com)

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    Manager Insurance • Mumbai, India

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