Manager, Reinsurance

7 days ago


Singapur, Singapore MSIG Singapore Full time

Responsibilities: Assist HOD in managing the activities of the Reinsurance Department in line with Company's Policies and Business Plans. Assist HOD to review and implement the Company's Reinsurance Programme. Attend to risks requiring reinsurance by effecting treaty cessions and/or outward facultative placements in accordance with guidelines laid down under 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 the risks, underwriting information and risk survey reports. Handle all matters relating to Reinsurance Facultative Outwards Business and Facultative inwards business. Ensure Reinsurance documentation is handled properly. Assist in the compilation of yearly treaty renewal information and requests. Assist HOD in continual Process Health Checks. Compliance with ICP procedures to ensure maximum efficiency and effectiveness in work processes within the Reinsurance Department. Provide a technical reference point for queries from Business Units, Claims, Finance and Reinsurers. Assist in training of less experienced staff. Ensure compliance with all laws, regulatory provisions and Group policies as are relevant to the role Monitor reinsurers' rating status and exposures. Undertake any other duties as may be assigned. Qualifications: Minimum tertiary education with minimum professional insurance qualification in ANZIIF or equivalent Other Information: Operations experience in general insurance environment Facultative Outward placement experience Technical reinsurance support Sound knowledge in underwriting, reinsurance and risk management Relationship management with reinsurers Good communications skills Other working arrangements offered: On-site Seniority level Mid-Senior level Employment type Full-time Job function Other and Finance, Insurance #J-18808-Ljbffr



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