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.
Ace Insurance - Business Development Role - Renewable Energy Vertical • Gurugram, India
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