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2 United Insurance Brokers Jobs

Vice President Treaty

15-20 years

Mumbai

1 vacancy

Vice President Treaty

United Insurance Brokers

posted 1mon ago

Job Description


Job Description
Key Responsibilities
Financial
Budget and achieve revenue for the vertical every year
Build relations to explore new markets & opportunities for expansion / growth
Improve productivity and resource utilization to impact profitability.
Business Process
Analyse portfolio information based on requirements of Insurance Company
Ensure team gets quotes from reinsurers for various lines of business
Prepare Slips and structure for Treaty / RI requirements
Compare RI Quotes and terms
Ensure successful placement with rated reinsurers within stipulated time
Ensure operating systems are always updated accurately
Ensure Complete documentation as per SOP immediately after each placement
Follow IRDA regulations with respect to reinsurance placements
The team should always be in touch with the Insurance Companies so as to assess the RI requirements.
Self-updated/ Continuous monitoring and tracking of various developments in Global and Local market on competition to capitalize on the opportunities available.
Liaise with reinsurers for placement of business through worldwide networking and database analysis
Ensure proper and timely service on technical accounts, claims and in settlement.
Submit MIS to management within specified timelines.
Reporting to
Good Communication skills
Market Knowledge / Competitor knowledge
Good Presentation Skills
Team Handling Skills

Employment Type: Full Time, Permanent

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What people at United Insurance Brokers are saying

3.0
 Rating based on 1 Vice President review

Likes

Empowering employees, vision, support

  • Job security - Good
  • +2 more
Dislikes

Brand presence, quality of employee, culture, lack of communication of Sr management, compensation

Read 1 Vice President review

Vice President salary at United Insurance Brokers

reported by 5 employees with 7-27 years exp.
₹23.8 L/yr - ₹30 L/yr
42% less than the average Vice President Salary in India
View more details

What United Insurance Brokers employees are saying about work life

based on 21 employees
53%
87%
38%
100%
Flexible timing
Monday to Friday
Within city
Day Shift
View more insights

United Insurance Brokers Benefits

Health Insurance
Work From Home
Free Transport
Cafeteria
Free Food
Team Outings +6 more
View more benefits

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