Senior Reinsurance Manager

Choice International; Mumbai; On-site; INR 3,500,000 - 6,500,000; Full time

Job summary

Choice International in Mumbai seeks a Senior Manager/AVP for Treaty and Facultative Reinsurance to drive business development and coordinate across reinsurers and insurers. The role reports to the Chief Reinsurance Officer and heads a team focused on delivering optimal terms and capacity.

The position emphasizes leadership, client engagement, and strict adherence to regulatory and ethical standards in all reinsurance transactions, with a focus on growth and profitability for the company.

Qualifications

• Graduation or postgraduate degree (MBA preferred).

Responsibilities

• Target achievement: develop reinsurance market by seeking underwriting capacity and best terms.
• Business development: source, manage, and grow high‑value reinsurance contracts.
• Team leadership: lead and mentor teams to ensure high productivity.
• Client engagement: build and maintain relationships with insurers and reinsurers for competitive pricing and terms.
• Compliance & operations: adhere to IRDAI regulations, company policies and ethics.
• Market analysis: monitor competitors, pricing trends and market opportunities.
• Operational coordination: align with sales, placement, operations, finance and claims for seamless service delivery.

Education

Graduation / Post Graduation / MBA

Job description

Job Description

Senior Manager / AVP: Treaty/ Facultative Reinsurance

Reporting: Chief Reinsurance Officer / Head Reinsurance

Location: Mumbai

Position Summary:

This position involves driving business development by engaging with the Insurers as well as Reinsurers of repute and participate on reinsurance transactions as a reinsurance broker by negotiating best terms.

Key Responsibilities:

• Target Achievement: Develop reinsurance market by seeking underwriting capacity and best terms.
• Business Development: Actively source, manage, and grow high-value reinsurance contracts.
• Team Leadership: Lead, mentor, and monitor the performance of the teams to ensure high productivity.
• Client Engagement: Build and maintain strong relationships with insurers and reinsurers for competitive pricing and terms.
• Compliance & Operations: Ensure strict adherence to IRDAI regulations, company policies, and ethical standards in all transactions.
• Market Analysis: Track competitor activities, pricing trends, and market opportunities to provide inputs on expansion of business.
• Operational Coordination: Coordinate with sales, placement, operations, Finance and claims teams to ensure seamless service delivery.

Qualifications & Experience:

• Education: Graduation / Post Graduation / MBA