Indonesia Reinsurance Development Lead

1 month ago


Singapore Munich Re Full time
Job Overview

Munich Re, a leading global reinsurer, seeks an experienced professional to lead the development of reinsurance business in Indonesia. This exciting role offers a unique opportunity to establish and grow our presence in the Indonesian market.

About the Role

We are seeking a highly skilled and results-driven individual to serve as the Deputy Chief Representative, Indonesia. In this role, you will be responsible for establishing, implementing, and maintaining a business development process to identify, nurture, and maximize opportunities for reinsurance business according to company goals and objectives.

This position requires a strong understanding of the Indonesian life insurance market, as well as excellent communication and negotiation skills. You will work closely with our team to develop solutions that meet the needs of our clients and partners, while staying ahead of market dynamics and regulatory changes.

Your Key Responsibilities
  • Conduct analysis of current developments in the Indonesian life insurance market and their implications on the financial results and performance of insurance companies.
  • Work with the Chief Representative to develop reinsurance solutions in planning and execution of client activities.
  • Prepare, analyze, and evaluate client and market data from external and internal sources, identifying specific gaps or opportunities, and developing reinsurance solutions as part of the team.
  • Manage internal interfaces and resources during client discussions or on the conclusion of opportunities.
  • Negotiate reinsurance treaties, including managing internal peer relationships to ensure efficient execution, accurate treaty creation, regular data delivery, and revenue recognition.
  • Cultivate and maintain relationships with senior executives and decision-makers of client companies, as well as external parties such as local actuarial societies, life insurance associations, or regulators.
Your Profile
  • A qualified actuary with at least 5 years of post-fellowship experience in actuarial disciplines.
  • Excellent communication skills (oral and written) in English and Bahasa, with strong presentation skills.
  • Minimum 10 years of actuarial experience in life insurance or reinsurance.
  • A team player with the ability to work with experts across multiple functional and geographical areas.
  • An entrepreneurial and results-driven mindset.
  • Excellent conceptual and analytical skills.
  • A creative and customer-oriented work style.
Benefits
  • Flexible and hybrid working conditions arrangements.
  • Generous annual leave allowance.
  • Attractive dental, life, and health insurance coverage.
What We Offer

Munich Re values diversity and inclusivity, and we are committed to creating an open culture and spirit of partnership. Our teams are built and cultivated around interaction, support, and development. If you're a talented professional looking for a new challenge, join us in shaping the future of reinsurance in Indonesia.



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