Senior Manager - Advisory

Guy Carpenter is seeking candidates for the following position based in Mumbai office.

Senior Manager – Advisory

What can you expect?

• You will lead a team of four reinsurance professionals with a range of experience having strength in quality assurance, operations, claims, compliance, broking and reinsurance placements both Treaty and Facultative.
• You will get an opportunity to make meaningful impact to Guy Carpenter’s processes and control framework globally by using your reinsurance knowledge to identify and solve problems to improve service quality and reduce E&O exposure
• This position will interact business stakeholders across regions allowing the candidate to display their leadership and technical skills.

What is in it for you?

Discover what's great about working at Marsh and McLennan Companies – from the opportunities that our size brings, to our commitment to our communities and understanding the benefits you’ll receive. We are four businesses with one PURPOSE: helping companies meet the challenges of our time.

As a global leader in insurance broking and risk management, we are devoted to finding diverse individuals who are committed to the success of our clients and our organisation. Joining us will provide a solid foundation for you to accelerate your career in the risk and insurance industry. You will join a team of talented professionals from across the globe, which is dedicated to helping clients manage some of the world's most challenging and complex risks. We can promise you extraordinary challenges, extraordinary colleagues, and the opportunity to make a difference.

Our rich history has created a client service culture that we believe is second to none. Our commitments to Diversity and Inclusion, Corporate Social Responsibility, and sustainability demonstrate our commitment to stand for what is right.

As a Marsh and McLennan Company colleague, you will also receive additional benefits such as:

• A competitive salary
• Employee friendly policies
• Health care and insurance for you and your dependents
• Healthy Work life balance
• A great working environment
• Flexible benefits packages to suit your needs and lifestyle
• Future career opportunities across a global organization

We will count on you for:

• Assist the Global Controls Leader is designing and maintaining Quality Assurance (QA) methodology and processes that assess effectiveness of key controls.
• Ownership for delivery of QA monitoring plans with a focus on quality.
• Supervise and participate in the planning and execution of QA monitoring reviews in line with methodology.
• Adjust QA methodology to suit the unique requirements of different geographies and functions while also considering emerging risk in consultation with the Global Controls Leader.
• Assess root cause for identified issues and work with business stakeholders to develop corrective actions. In addition, monitor the completion of those corrective actions.
• Support Global Controls Leader and business stakeholders in analyzing issue trends to drive control improvement on a broader scale.
• Manage teams effectively in line with stakeholder requirements and MMGS guidelines and norms
• Support the Global Controls Leader to develop and generate reporting for business stakeholders
• Manage team performance in conjunction with the Global Controls Leader. Create development plans for team members to support performance management and succession plans.
• Continually identify opportunities to improve the efficiency and effectiveness of the QA monitoring process

What you need to have

• Post Graduate with 10 + years of experience in a risk management or assurance function, preferably in the insurance or reinsurance industry. 
• Ability to analyze issues and trends to identify root cause and propose remedial measures to stakeholders.
• Specialization and high level of competency in insurance or reinsurance products and regulations in multiple markets.
• Excellent verbal and written communication skills.
• Strong interpersonal and collaboration skills.
• Strong analytical and problem solving skills to resolve issues in a multi-product / service environment.
• Skilled in management reporting; adequate knowledge of Microsoft 365 products.
• Ability to lead the team in meeting departmental and organizational goals.
• Ability to understand changes affecting the business and identify emerging risks.
• Ensures effective delegation, balancing direction with autonomy.        
• Displays a continuous improvement and innovation mindset.

What makes you stand out?

• Experience in Data Analysis from procuring data to developing data visualizations.
• Qualification or certification in insurance ACII or FIII or CPCU (or other equivalent qualification in other geographies.

Guy Carpenter & Company, LLC is a leading global risk and reinsurance specialist with more than 3,500 professionals in over 60 offices around the world. Guy Carpenter delivers a powerful combination of broking expertise, trusted strategic advisory services and industry-leading analytics to help clients adapt to emerging opportunities and achieve profitable growth. Guy Carpenter is a business of Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people. The company’s 85,000 colleagues advise clients in over 130 countries. With annualized revenue of over $23 billion, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading companies including Marsh, Mercer and Oliver Wyman. For more information, visit www.guycarp.com and 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 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 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.