Head of Business Acquisition & Development

Reference Number:  2651
Contract Type:  Regular
Working Time:  Full-Time

Hannover Re - with around 3,900 employees at locations all over the world. Our strength? Connecting Power: We rely on each other. As a reinsurer, we protect customers in the event of a claim. This requires customised, innovative solutions. Solutions that worked yesterday may be outdated tomorrow. We challenge ourselves and continuously optimise our services, advice and products. All this makes us one of the leading and most profitable reinsurance groups in the world and a reliable employer.

Hannover Rück SE – India Branch commenced operations on February 1, 2017. The Indian regulator IRDAI granted the crucial license approval (R3) in December 2016. Known for its receptive, flexible, and open-minded approach, Hannover Re India is dedicated to fostering mutually beneficial business relationships. We strive to stay ahead of the competition by offering innovative products and solutions in both property & casualty and life & health reinsurance.

You can look forward to

  • Lead the Business Acquisition & Development team and assist in developing and mentoring team members.
  • Develop and implement actuarially sound pricing models for life and health reinsurance, ensuring profitability and market competitiveness, while providing expertise for innovative product development and treaty structures, supported by data analytics and risk assessment.
  • Lead the pricing team to align with global standards, ensure compliance with IRDAI regulations, engage with clients to support business development, and monitor portfolio profitability to drive strategic planning.
  • Coordinate all Business Development activities (including but not limited to Client Acquisition, Product Development, Branding) and Business Management activities (including but not limited to including but not limited to Treaty, Admin, Accounts, Experience Analysis).
  • Create consistency across client accounts, ensuring these are up-to-date and accurate.
  • Collaborate with all L&H stakeholders, including Medical Underwriting, Claims, Technical Accounts and Valuation and other Hannover Re offices.

You come equipped with

  • At least 5 years Life & Health experience in senior industry roles including significant experience in reinsurance business development, pricing and in-force management.
  • Accuracy and attention to detail while being deadline driven.
  • Strong leadership skills with a focus on empowerment, accountability, talent development and collaboration as well the capability to develop and motivate high performing teams.
  • Exceptional interpersonal skills to navigate complex relationships.
  • Excellent understanding of Indian culture and ability to communicate easily with all stakeholders.

 

 

NOTE: - Should be comfortable with travelling in India and abroad as per work requirement for Hannover Re – India Branch and Hannover Office (Germany).

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