Hybrid Reinsurance Ops Manager - Transactional Services

Marsh

United States

Hybrid

USD 37,000 - 63,000

Full time

9 days ago

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Job summary

Marsh is seeking a Manager - Transactional Services (Individual Contributor) based in Mumbai. This hybrid role requires in-office work at least three days weekly and focuses on delivering operational excellence and governance within the reinsurance broking domain.

The role offers opportunities to lead change initiatives, manage migrations, and provide dashboards and metrics to drive business insights.

Qualifications

  • Graduate (Commerce preferable).
  • 10+ years of experience in Reinsurance broking in the operations area.
  • The position requires technical expertise in XOL, Claims, Facultative or Proportional Treaty business.
  • Excellent communication and leadership skills.
  • Organizational and time-management skills.
  • Knowledge of Reinsurance Broking business and related terminologies.

Responsibilities

  • Demonstrates strong knowledge of technical/functional insurance and reinsurance concepts, terms and contract clauses including Excess of Loss, Facultative & Proportional treaty.
  • Demonstrates basic knowledge of market practices within technical domain areas.
  • Networks with external groups to increase own knowledge of the technical area.
  • Responsible for operational issues within direct area of responsibility; maintain robust operational management discipline using reporting metrics.
  • Ensure Compliance adherence to internal and external regulators guidelines.
  • Lead migrations and manage system/work transfers, identify roadblocks and provide solutions.
  • Ensure team members are trained and training records maintained.
  • Conduct monthly performance reviews and appraisals; coach and develop team members.

Education

Graduate (Commerce preferable)
10+ years of experience in Reinsurance broking in the operations area
Excellent communication and leadership skills

Tools

MS Office (Excel, Word)

Job description

Marsh is seeking a Manager - Transactional Services (Individual Contributor) based in Mumbai. This hybrid role requires in-office work at least three days weekly and focuses on delivering operational excellence and governance within the reinsurance broking domain.

The role offers opportunities to lead change initiatives, manage migrations, and provide dashboards and metrics to drive business insights.

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