Associate Reinsurance

Education and Experience:

· Bachelor's Degree from a reputable institute

· At least 2, 3 years of experience in a similar role

· Knowledge of Reinsurance Treaty, Facultative wording and Reinsurance Slips preparation

Key Responsibilities (Functional Competencies)

· Analyze the risks accepted by the Reinsurance Department and evaluate the captive exposure, adequacy of premium, and appropriateness of the terms and conditions of each and every risk accepted

· Obtain all necessary underwriting information required to place the risk in the international regional/local reinsurance market

· Arrange proper reinsurance protection as and when required

· Review insurance closings for basic insurance coverage, terms, and conditions, gross and net premiums commissions, etc., and correspond/discuss with ceding companies as and when necessary

· Follow up with broker/ceding company for timely submission of closing and accounting documents as well as for the settlement of premium from ceding companies and recovery of claims from reinsurers

· Prepare reinsurance slips/reinsurance contracts ensuring their accuracy with reference to original terms at which reinsurance is accepted

· Maintain efficient communication lines between reinsured companies and brokers

Skills (Behavioral Competencies)

· Strong Communication skills

· Result-Oriented

· Attention to detail

· Time Management

Job Type: Full-time

Pay: From Rs50,000.00 per month

Work Location: In person