Treaty Reinsurance

2 weeks ago

Goregaon East Mumbai Maharashtra, India Serving Skill Full time

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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