about the company
Our client, one of the established general insurance company with strong capabilities on commercial and retail business.
about the job
In this position as an Reinsurance Underwriting Manager, you will be reporting to the HOD of Underwriting and be expected to prepare annual treaty renewal data pack including review of treaty wordings and requirements by the company to achieve the business plan targets.
You will be expected to handle treaty special acceptance requests by Underwriters and Distribution and be involved in proper recording. You will update the treaty codes and set up in the company's application system on finalisation of the treaty renewals.
The ideal incumbent will be expected to work closely with the Claims department to communicate on claims notifications to Reinsurers including cash calls and reviewing of Quarterly Treaty Statement of Accounts done by Finance.
In order to be successful in this position, the incumbent is also expected to ensure all reinsurance contracts (inward and outward) are properly documented to meet the Contract Certainty requirement and to submit the Contract Certainty monthly.
Skills & experience required
- 5+ years of experience in a similar capacity within the general/commercial insurance industry with sound technical knowledge
- Experienced in general classes of Insurance as well as Reinsurance Treaty setup
- Strong business acumen to understand economic and business models
- Strong knowledge of General insurance and reinsurance accounting and reporting
- Good knowledge of reinsurance practice including experience in handling outward reinsurance Treaties and Facultative reinsurance
- Good analytical skills and excellent interpersonal and communication skills
- Proficient in Microsoft Office, especially Excel and Power Point
If the above position interest you, kindly click on the ‘apply now’.
EA: 94C3609/R132534
Applicants must be fully vaccinated or have a valid exemption in accordance with MOM’s regulations to allow them to enter the workplace. Applicants may be required to share verifiable COVID-19 vaccination documents or proof of a valid exemption at the point of offer. Randstad Pte. Limited and/or the Client reserves the right to withdraw an offer if the applicant fails to provide verifiable COVID-19 vaccination and/or proof of exemption documents.
