Vice President - Reinsurance

The Company Overview

Aon plc (NYSE: AON) is a leading global professional services firm providing a broad range of risk, retirement and health solutions.

Our 50,000 colleagues in 120 countries empower results for clients by using proprietary data and analytics to deliver insights that reduce volatility and improve performance.

Aon India Insurance Brokers Private Limited, (formerly Anviti Insurance Brokers Private Limited), licensed since 2017, is a composite insurance broker delivering insurance and reinsurance broking services to corporate clients in India.

Aon India has over 480+ colleagues across nine locations in India.

Website: https://www.aon.com/apac/india/default.jsp

Job Dimensions (role And Responsibilities)

The responsibilities include:

• Work closely with the Insurance Companies/ various departments of the company.
• This will include both treaty and facultative reinsurance.
• Development and control of reinsurance processes and procedures.
• Formulate policies and procedures to cover tasks for placement of reinsurance, claims handling, technical accounting and management reporting.
• Development and succession plan for all members of the reinsurance team.
• Provide reinsurance input for the development of new products or changes to existing products.
• Regular meetings with insurers/reinsures and brokers to build their understanding of the business thus enabling execution of reinsurance on the best terms possible for company.
• To emphasize strict compliance with, and adherence to Risk, compliance and legal norms.
• To review business performance & profitability via a strong and periodic MIS system.
• To build new business with network of contacts across both General Insurance Companies & Reinsurance Companies.

Experience Required: 9-12 years of relevant experience in Insurance and Reinsurance Industry. IRDA Certified /Professional Qualification will be added advantage

Key Performance Indicators

To produce reinsurance information for business planning and strategic purposes ensuring the company maintains successful relationship with local and international insurance companies, Reinsurers & brokers

Skills And Attitude

• Strong communication, presentation, consultative selling, advising, and negotiation skills
• Solid understanding of the Reinsurance market – in India and worldwide
• Demonstrated extra-ordinary domain knowledge and should have won new business consistently
• A consulting mind-set, strong analytical skills, a competitive drive
• Ability to manage and excel in ambiguous situations
• Good relationship management & service focus Skills.
• Sound problem solving and decision-making skills.
• Should be proactive, focused & service oriented.
• Ability to anticipate & identify client needs.
• Strong planning and organizing skills.
• Demonstrated effective management, communication, and leadership skills.
• Ability to work under pressure and meet personal deadlines

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