Job Title:
AVP- Parametric Insurance & Reinsurance
Company: Marsh India
Location: Aurangabad, Maharashtra
Created: 2026-01-14
Job Type: Full Time
Job Description:
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 growthIdentify 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 on data modelling, data crunching & correlating data with climate data sites like NASA- MERRA, ERA 5, SOLAR GIS etcWhat you need to have:Very strong mathematical and analytical skills are essential.Experience in the insurance sectorEngagement skills Excellent communication and negotiation skills.Ability to work collaboratively across teams and with external partners.MBA/Engineer from a reputed B - SchoolWhat 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 is the world’s leading insurance broker and risk adviser. With more than 45,000 colleagues advising clients in over 130 countries, Marsh serves commercial and individual clients with data-driven risk solutions and advisory services. Marsh is a business of Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people. With annual revenue of $23 billion, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses: Marsh, Guy Carpenter, Mercer, and Oliver Wyman. For more information, visit , follow us on LinkedIn and X.Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people regardless of their sex/gender, marital or parental status, ethnic origin, nationality, age, background, disability, sexual orientation, caste, gender identity or any other characteristic protected by applicable law.Marsh McLennan 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 McLennan 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.