Ace Insurance - Business Development Role - Renewable Energy Vertical

Key Responsibilities :

- Lead the Renewable Energy vertical with a focus on Facultative (FAC) placements.

- Develop and execute strategic plans to expand the company's Energy & Renewable Reinsurance portfolio.

- Handle placement of large and complex Solar, Renewable Energy risks in domestic and international markets.

- Build and maintain strong relationships with reinsurers, insurers, brokers, underwriters, and key industry stakeholders.

- Analyse and structure risk transfer solutions for Solar PV Projects, EPC Contractors, Power Producers, Manufacturers, and Investors.

- Negotiate terms, pricing, capacity, and coverage with reinsurers for placements.

- Prepare placement slips, underwriting submissions, renewal strategies, and reinsurance proposals.

- Coordinate with underwriting and claims teams to ensure effective servicing of reinsurance accounts.

- Monitor market trends, treaty capacities, emerging risks, and regulatory developments within the energy sector.

- Identify new business opportunities and contribute to revenue growth through strategic client engagement.

- Represent the organization at industry conferences, renewable energy forums, and reinsurance market meetings.

Key Requirements :

- Bachelors degree in insurance, Finance, Business, Engineering, or related field.

- 7+ years of experience in Reinsurance, Facultative (FAC), or Renewable Energy Insurance.

- Strong knowledge of Solar/Energy Risks Insurance.

- Excellent analytical, communication, and negotiation skills.

(ref:iimjobs.com)