Strategic Retrocession Specialist
3 weeks ago
Job Title: Strategic Retrocession Specialist
At SINGAPORE REINSURANCE CORPORATION LIMITED, we are seeking a highly skilled Strategic Retrocession Specialist to join our team. As a key member of our reinsurance department, you will play a crucial role in shaping the company's retrocession strategy.
About the Role:
This is an exciting opportunity for a professional with a strong background in reinsurance and a passion for strategic planning. The successful candidate will work closely with our section head to develop and implement effective retrocession programs that drive business growth and profitability.
Responsibilities:
- Work collaboratively with the section head to analyze market trends, identify opportunities, and develop tailored retrocession solutions;
- Assist in the preparation of renewal data and reports to inform business decisions;
- Review and handle retrocession contracts and endorsement wordings to ensure compliance and accuracy;
- Setup finalized retrocession programs in our systems to ensure seamless execution;
- Contribute to the development of monthly and quarterly technical accounts and finance reports to provide insights into business performance;
- Compile data for quarterly reporting of risk exposure to support informed decision-making;
- Maintain accurate documentation electronically in accordance with internal guidelines;
- Perform User Acceptance Testing (UAT) when required to ensure system integrity;
- Participate in improvement projects to drive process efficiency and effectiveness;
- Perform other duties as assigned by management.
Requirements:
- A degree or diploma in Finance or Accounting;
- A minimum of 2 years' experience in Reinsurance, preferably in Underwriting or Retrocession;
- Excellent written and communication skills to effectively collaborate with cross-functional teams;
- A positive and highly motivated individual with a strong attention to detail;
- Detailed and meticulous in approach to ensure accuracy and quality in all tasks.
What We Offer:
We offer a competitive salary package, commensurate with experience, including a base salary of SGD $90,000 per annum, plus benefits and bonuses. Our comprehensive compensation package reflects our commitment to attracting and retaining top talent in the industry.
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