Executive Vice President/Vice President - Treaty Reinsurance

Core Job Responsibilities:

- Treaty Structuring & Placement: Design and place proportional (Quota Share/Surplus) and non-proportional (Excess of Loss/Stop Loss) treaties, covering entire portfolios rather than individual risks.

- Business Procurement & Relationship Management: Identify, approach, and maintain strong relationships with domestic (e.g., GIC Re) and international reinsurers and brokers.

- Technical Analysis & Risk Assessment: Analyze client underwriting portfolios, loss history, and risk retention philosophy to provide technical data for reinsurance pricing.

- Market Negotiation & Placement: Negotiate competitive treaty terms, including commission, rates, and coverage limits.

- Documentation & Compliance: Ensure compliance with IRDAI regulations on reinsurance

- Claims & Accounts Management: Assist in claims negotiation, settlement, and premium remittance to ensure proper cash flow between insurer and reinsurer

Core Competencies:

- Client Focus: Understands client needs and delivers tailored solutions that create value and strengthen relationships.

- Communication: Clearly and confidently conveys information, both verbally and in writing, while listening actively and empathetically.

- Collaboration: Works effectively with colleagues across teams and disciplines to achieve shared goals.

- Analytical Thinking: Gathers and interprets complex information, identifies key issues, and proposes practical, well-reasoned solutions.

- Commercial Awareness: Demonstrates understanding of market dynamics and identifies opportunities for business growth.

- Integrity and Accountability: Acts with honesty, transparency, and professionalism; takes ownership for delivering quality outcomes.

- Adaptability: Adjusts effectively to new situations, challenges, and client requirements while maintaining focus and composure.

- Resilience: Performs effectively under pressure and remains positive and solution-oriented in the face of challenges.

- Continuous Learning: Proactively seeks opportunities for professional development and knowledge sharing.

- Innovation: Brings forward new ideas and creative approaches to improve client service and business performance.

What you need to have:

- 12-15 years of proven experience in reinsurance broking or a related client-facing reinsurance role, in India

- Strong understanding of treaty and facultative placements, all lines of reinsurance

- Excellent working knowledge of Indian and international reinsurance markets.

- Collaborative approach with the ability to work flexibly within a team.

- Education - Graduate / Post Graduate

- Commitment to professional development and maintaining the highest standards of conduct, integrity, and customer focus

(ref:iimjobs.com)