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Lead Specialist- Placement- (Insurance and Reinsurance)

Lead Specialist- Placement- (Insurance and Reinsurance)

ConfidentialNavi Mumbai, Mumbai City, Mumbai
9 days ago
Job description

Description

We are seeking a Lead Specialist in Placement for our Insurance and Reinsurance team in India. The ideal candidate will have extensive experience in the placement of insurance and reinsurance contracts, a deep understanding of the market, and strong negotiation skills. This role will involve leading placements, building relationships with stakeholders, and mentoring junior team members.

Responsibilities

  • Lead the placement of insurance and reinsurance contracts with a focus on maximizing profitability and minimizing risk.
  • Develop and maintain relationships with clients, brokers, and reinsurers to ensure effective communication and service delivery.
  • Analyze market trends and client needs to create effective placement strategies.
  • Prepare and present placement submissions to potential reinsurers.
  • Negotiate terms and conditions of placements to ensure favorable outcomes for the organization.
  • Monitor the performance of placed contracts and provide insights for future placements.
  • Collaborate with internal teams to align placement strategies with overall business objectives.
  • Ensure compliance with regulatory requirements and internal policies.
  • Provide mentorship and guidance to junior team members.

Skills and Qualifications

  • Bachelor's degree in Finance, Business Administration, Insurance, or a related field.
  • 7-15 years of experience in insurance and reinsurance placement.
  • Strong understanding of insurance and reinsurance markets and products.
  • Excellent negotiation and communication skills.
  • Ability to analyze complex data and market trends.
  • Proficiency in risk assessment and management.
  • Familiarity with regulatory requirements in the insurance industry.
  • Strong interpersonal skills to build relationships with clients and stakeholders.
  • Detail-oriented with strong organizational skills.
  • Skills Required

    Insurance, Reinsurance

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    Insurance Specialist • Navi Mumbai, Mumbai City, Mumbai

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