Strategic Retrocession Specialist

3 weeks ago


Singapore SINGAPORE REINSURANCE CORPORATION LIMITED Full time

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:

  1. A degree or diploma in Finance or Accounting;
  2. A minimum of 2 years' experience in Reinsurance, preferably in Underwriting or Retrocession;
  3. Excellent written and communication skills to effectively collaborate with cross-functional teams;
  4. A positive and highly motivated individual with a strong attention to detail;
  5. 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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