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  • 7 - 8 Years
  • Posted : above 1 month

Job Description:

We have been retained by a professionally managed General Insurance Company with an international affiliation to identify a Head - Reinsurance to be based at Mumbai

JOB PURPOSE

- To support risks by working on submissions and looking into methods of risk redistribution as well as maintaining awareness of changing rating requirements and monitor financial ratings of reinsurers

- To produce reinsurance information for business planning and strategic purposes ensuring the company maintains successful relationship with local and international reinsurance companies & brokers

KEY RESPONSIBILITIES

- Work closely with the underwriting and actuarial teams to formulate and execute the most appropriate reinsurance structure This will include the purchase of both treaty and facultative reinsurance

- Development and control of reinsurance processes and procedures

- Formulate policies and procedures to cover tasks including underwriting procedures for placement of reinsurance, claims handling, technical accounting and management reporting

- Development and succession plan for all members of the reinsurance team

- Provide reinsurance input for the development of new products or changes to existing products

- Regular meetings with reinsurers/brokers to build their understanding of the business thus enabling execution of reinsurance on the best terms possible for company

- To emphasize strict compliance with, and adherence to Risk, compliance and legal norms

- To review business performance & profitability via a strong and periodic MIS system

- To build new business with network of contacts across both General Insurance Companies & Reinsurance Companies

DESIRED SKILLS

- Good relationship management & service focus Skills

- Sound problem solving and decision-making skills

- Should be proactive, focused & service oriented

- Ability to anticipate & identify client needs

- Strong planning and organizing skills

- Demonstrated effective management, communication, and leadership skills

- Ability to work under pressure and meet personal deadlines

CANDIDATE PROFILE

- Candidates should be Chartered Accountants / MBAs with an insurance qualification and with about 7 to 8 years experience in general insurance or reinsurance company

Profile Summary:

Employment Type : Full Time
Salary : Not Mentioned
Deadline : 11th Apr 2020

Key Skills:

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