Reinsurance Manager

2 days ago

Thiruvananthapuram, India Magma HDI General Insurance Company Limited Full time

Role :-


FAC Outward

- Negotiates and arranges reinsurance placements (Facultative) for the Risk Cover for all LOB

- Identify and develop relationship with the Reinsurance market / Broker for each LOB


FAC Inward

- Liasoning with RI Broker and Insurance Company to acquire new business and manage Renewal business

- Liasoning with UW to get the confirmation of risk and bind with respective Insured directly or through RI Broker


Monitors all the aspects of FAC business like

- Booking of FAC premium in the RI system

- Monitor collection and payment of Premium & GST

- Recovery of claims on timely basis

- Coordinate with lead RI for Special acceptance and PML guidance

- GST Reconciliation and payment / collection

- Preparation and Submission of compliance related documentation.

- Handling Audits.


Reviews reinsurance programs to identify and report differences in conditions between Risk Cover covers and the reinsurance programs.


Whom the Job Reports to – Lead Reinsurance


Skill Competency: -

Good Communication Skill

Teamwork

Innovative Thinking

Good product knowledge of Property, Marine and Liability

  • Finance Executive

    6 months ago

    Thiruvananthapuram, India Yarab Technologies Pvt Ltd Full time

    **About us**: We are a group company spanning across 4 continents with our core product being Insurance services In addition to our primary offerings of insurance, risk management, reinsurance, and underwriting, our group firms also engage in venture capital, Insurtech, Fintech, and Environmental and Social Governance sectors**.** **Job description**: -...