Assistant Vice President

Company:

Marsh Risk

Description:

We are seeking a talented individual to join our Energy and Power team at Marsh Risk India - a Marsh business. This role will be based in Mumbai. This is a hybrid role that has a requirement of working at least three days a week in the office.

 

We are looking for a highly skilled Specialist with expertise in parametric insurance and reinsurance. The ideal candidate will have a strong mathematical background, experience in reinsurance, and preferably exposure to the renewable energy sector.

Assistant Vice President

We will count on you to:

• Develop, structure, and manage parametric insurance products tailored to client needs.
• Apply advanced mathematical and statistical techniques to model and price parametric insurance risks.
• Collaborate with reinsurance partners to negotiate terms and optimize risk transfer solutions.
• Build and maintain relationships with private equity firms, lenders, clients and other financial stakeholders.
• Provide technical expertise and advisory support on parametric insurance solutions to clients and internal teams.
• Maintain relationships with key stakeholders internally and externally and design collaborative plans for growth
• Identify key decision makers, clients or prospects risks needs and determines the services, products, and combinations that will best serve and address the client/prospect’s issues and objectives.
• Monitor market trends and regulatory developments in insurance, reinsurance, and renewable sectors.
• Support business development initiatives targeting insurance and financial sectors.
• Good knowledge of data modelling, data crunching & correlating data with climate data sites like NASA- MERRA, ERA 5, SOLARGIS etc

 

 

 

What you need to have:

• Very strong mathematical and analytical skills are essential.
• Experience in the insurance sector
• Engagement skills
• Excellent communication and negotiation skills.
• Ability to work collaboratively across teams and with external partners.
• MBA/Engineer from a reputed B - School

 

What makes you stand out?

• Self-motivated & able to work independently.
• Ability to cut across teams, business functions and hierarchy within the organization to ensure rapid business growth for the Industry Practice.
• Ability to arrange and hold detailed conversations with CXOs and understand their latent requirements to further build strategic relations & partnerships.
• Ability to independently initiate and manage end to end client acquisition cycle.

Marsh Risk is a business of Marsh (NYSE: MRSH), a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $24 billion and more than 90,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information about Marsh Risk, visit marsh.com, or follow us on LinkedIn and X.

 

Marsh is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age, background, caste, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law.

 

Marsh is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.

 

Marsh Risk is a business of Marsh (NYSE: MRSH), a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information about Marsh Risk, visit marsh.com, or follow us on LinkedIn and X.

Marsh is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age, background, caste, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law.

Marsh is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.