Job Description

• Executing the reinsurance strategy for the employer through producing of outward and inward reinsurance records for enterprise planning and strategic purposes ·   
  
• Processing and negotiation of aggressive reinsurance contracts to make certain that the Company’s reinsurance applications are good enough & cost powerful ·  
• Support individual departments with all reinsurance-related troubles by way of searching for approval on reinsurance agreement wordings in addition to co-ordinate requests from reinsurers on ‘unique acceptances’, waivers and fronting Ensure adherence of all regulatory requirements close to our reinsurance arrangement thru well timed processing of statutory returns and ensure that ok treaties are in area every 12 months and all of the agreement files lodged with the commissioner of insurance ·     
  
•  Placement of facultative commercial enterprise.
  
• Both inward and outward through liaising with Reinsurance Regulatory Authority and in step with the suggestions and rules of the employer and advise modifications based totally on their underwriting philosophy and sample of reciprocity ·   
  
• Preparing reinsurance reports and analysis on reinsurance performance for control and recommend senior control regarding utility and utilization of reinsurance and the marketplace trends ·
  
• Compile a described plan to carry out and follow high-quality practice procedure to control and improve the outward and inward reinsurance book via making ready and comparing reinsurance records and suggest change in which applicable to improve on cost and profitability ·   
  
•  Arrange reinsurance aid for dangers via operating on submissions and searching into methods of hazard redistribution in addition to keeping cognizance of converting score requirements ·   
  
• Ensure that the employer continues a hit courting with local and regional coverage and reinsurance businesses and agents to gain an superior reinsurance role on all strains of business and ensure that the Company deals with respectable reinsurance agencies always ·   
  
• Review reinsurance files for completeness according with negotiated terms and situations by ensuring that the reinsurance documentation is robust ·   
• Keep claims up to date with the cutting-edge reinsurance position and paintings with claims and reinsurers on contentious claims to ensure a a success final results and additionally ensure that treaty claims recoveries are pursued aggressively ·  
• Review treaty settlements, information, related reviews and reinsurance details inclusive of earnings commission calculations, as wished and on timely foundation for both treaty and facultative ·  
• Ensure that the treaty statements of debts are organized which include quarterly statements of accounts, profit commissions, portfolio transfers, non-proportional treaty top rate adjustments and so on.  

• Education and Experience Required:   
• Minimum Bachelor’s Degree In Commerce, Statistics, Economics or related fields ·   

• Excellent analytical skills to enable resolution of unstructured and complex issues Knowledge & Skills: Knowledge of economic document keeping and reconciliations Presentation Skills Attention to detail Excellent Computer Skills Planning and establishing Skills Analytical Skills Negotiation Skills Communication Skills Aware of World’s R/I traits Insurance and R/I market knowledge.
  
  

Company Profile:

Salary: Not disclosed

Industry: Animation

Functional Area: NGO

Role Category: Others

Employment Type: Full time

Keyskills