Facultative Reinsurance Coordinator
1 week ago
PERSOLKELLY SINGAPORE PTE. LTD. is looking for an experienced Facultative Reinsurance Coordinator to join our team.
About the Role:
Work closely with clients and reinsurers to understand their technical requirements and deliver tailored solutions.
Develop and maintain strong relationships with clients and reinsurers through proactive communication.
Initiate, review, and prepare reinsurance submissions, underwriting narratives, and debriefs using proprietary technical knowledge.
Provide technical support for reinsurance placements, assisting brokers with new business opportunities, renewals, and mid-term adjustments.
Ensure accurate and timely update of reinsurance placement activity on broker systems.
Prepare and check contracts, endorsements, and invoices.
Collaborate with internal departments to ensure timely billing and documentation issuance.
Manage credit control for outstanding payments in collaboration with internal departments.
E nsure compliance with local regulations and corporate governance.
Communicate effectively with clients and reinsurers, building strong relationships.
Contribute to operational projects aimed at improving service standards.
Monitor revenue and prepare reports.
Collaborate with colleagues across Asia Pacific and Global Facultative networks to achieve objectives.
Requirements:
Bachelor's degree or diploma in any discipline.
8+ years of relevant re/insurance experience, preferably with exposure to Facultative Reinsurance.
Proficient in various computer systems, including MS Word, MS Excel, PowerPoint.
Excellent written and verbal communication skills.
Attention to detail, ability to multitask, and decision-making skills.
Organizational skills, prioritizing workload to meet deadlines.
Strong analytical, critical thinking, and problem-solving skills.
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