Michael Page Looking for Credit and Surety Underwriter at Mumbai, Maharashtra Full Time

Opportunity to work with a a global reinsurance company of repute

Opportunity to build the credit and surety P&L from scratch

About Our Client

Our client is a global reinsurance company providing a broad range of innovative solutions and services and a solid financial base

Job Description

Successful candidate shall be the primary SPOC for the credit and surety business in India and shall additionally support the APAC team in managing specific portfolio outside of India and in client engagement activities

Build and nurture quality business relationships with clients, advise on the terms and conditions of insurance and reinsurance, provide technical advice on commercial and risk underwriting, monitor the in-force business and claims/recovery

Assess, negotiate, and underwrite the offers from new business prospects with risk portfolio analysis on the financial, sector and country, review product offering and policy wording, and perform analysis on the historical data for the selection and pricing of reinsurance

Review each special acceptance requests or facultative requests with risk assessment and due diligence to provide recommendation which is supported by the reasons from the review

Conduct statistical and technical studies within your geographical area of responsibility to keep abreast of the industry and market trends. To share these studies with clients and various stakeholders

Promote and establish this line of business with the P&C colleagues to increase our influence and relevance in the market through seminars, conferences, and workshops

The Successful Applicant

CA/MBA

Proven experience of at least 7 years in direct and/or reinsurance in Trade Credit Insurance or Surety, or banking in Corporate Lending, Trade Finance, Supply Chain Finance, Project Finance, Factoring and/or Receivable Discounting

Strong attention to detail with proficiency in written and oral communication

Based in Mumbai and is willing to travel in the region

What’s on Offer

Opportunity to work with a a global reinsurance company of repute. Opportunity to build the credit and surety P&L from scratch