Senior Reinsurance Executive

6 days ago


Singapore 5 STONES HRM PTE. LTD. Full time $104,000 - $130,878 per year

Job Description

  • Attend to risks requiring reinsurance by effecting treaty cessions/or fac. placements in accordance with guidelines laid down by the Company's Risk Management policy and Reinsurance programme.
  • Maximise retention of risks to increase Net Written Premium as a percentage of Gross Written Premium through sound assessment of risks and underwriting information and risk survey reports.
  • Assist in the yearly compilation of reinsurance statistical data, treaty renewal information as required.
  • Assist HOD in continual Process Health Checks. Ensure maximum efficiency and effectiveness in work processes within the RI unit. Ensure RI documentation is handled properly.
  • Processing of Facultative Inward / Outward Reinsurance including checking and signing off policies.
  • Monitor reinsurers' rating status and exposure.
  • Ensure compliance with all laws, regulatory provisions and group policies as are relevant to the role
  • Undertake any other duties as may be assigned.

Qualifications

  • Preferably Tertiary qualification with minimum professional insurance qualification in General Insurance
  • Operations experience in general insurance environment
  • Technical reinsurance support
  • Sound knowledge in underwriting, reinsurance and risk management
  • Good communications skills
  • Proficient in MS Office
  • Aptitude for numbers


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