Education
- Bachelor’s degree
- Dip CII, ACII, FCII will be an added value
Experience
- 5 – 8 years’ experience in treaty placements
Duties & Responsibilities
- Possess comprehensive knowledge of reinsurance and insurance capabilities & concepts, to market reinsurance programs
- Coordinate with broking team and analytics to evaluate insurance risks on a portfolio level and advise clients on reinsurance treaty structures to mitigate downside risk and improve capital efficiency
- Ability to establish and maintain positive client and reinsurer relationships, resolve client inquiries and issues within a timely manner
- Negotiate and manage placement of reinsurance treaties utilizing both regional and international markets
- Manage the coordination of underwriting and claims audits of insurance clients, when and if requested by reinsurers
- Ensure company, market and client related documentation is issued (internally and externally) accurately and on time i.e. placement slips, cover notes, new and renewal contracts
- Comply with external and internal regulatory and statutory policies, procedures and regulations
- Research on industry topics and the development of content to be shared with clients and Prospects
- Ability to read, analyse, and interpret, technical reinsurance presentations. Ability to write reports and business correspondence. Ability to effectively present information and respond to questions from clients, reinsurers and colleagues alike
- Ability to work with mathematical concepts such as probability and statistical inference. Ability to apply concepts such as fractions, percentages, ratios, percentiles and proportions to practical situations
- Coordinating with internal stakeholders and actuarial towards the development of reinsurance strategies and placement
Apply for this job