Senior Vice President
Marsh McLennan — Mumbai - One World Center
Company: Marsh Risk Description: We are seeking a talented individual to join our Treaty Reinsurance (Guy Carpenter) team at Marsh Risk India, a Marsh business. This role will be based in Mumbai. This is a hybrid role that has a requirement of working at least three days a week in the office. Senior Vice President/ Executive Vice President We will count on you to: 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 profession
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