Treaty Reinsurance
6 months ago
Senior Manager/Chief Manager/ AVP / DVP - Treaty & Facultative
**Responsibilities**:
Finalization and renewal of treaties
Review of treaty / portfolio performance
Exploring new markets for reinsurance support, guiding the
department in getting the best terms from various markets
Obtaining details of new covers coming up in various markets
and providing information to the marketing / underwriting
team by liaison with insurance companies and reinsurers
Procurement of Facultative inward Premium (Domestic &
foreign) and managing the same (creating a portfolio of
inward business)
Providing information to management on the performance of
each class of business and managing risk profile
Provide information to CEO for discussion in various forums /
panels, study of exposures of the company and providing
timely warning / suggestions / information to management
Ensure compliance of Regulator’s and management directives
on Reinsurance (Board approved programme).
Any other job assigned by the management
Compliance to documented BPMS process
Develop subordinates and get them trained for higher
responsibilities
Entrusted with Financial authority of upto INR 10 lacs
Authorised signatory for bordereaux, cash calls, mandate
letters, etc.
Skills & Competencies
Sound technical insurance and reinsurance knowledge
Team management and inter-personal relationships
Analytical skills & decision making abilities
Interface
(a) Internal All Department
(b) External All Insurers, Reinsurers & Reinsurance Intermediaries
Qualification and Experience:
Professional qualification in insurance / reinsurance, exposure in
reinsurance market
Graduate/Post Graduation / MBA
**Job Types**: Full-time, Permanent, Fresher
**Salary**: ₹50,000.00 - ₹230,000.00 per month
Schedule:
- Fixed shift
- Monday to Friday
**Experience**:
- total work: 3 years (preferred)
Work Location: In person
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