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Decision Maker at Unison Insurance Broking Services Pvt Ltd

Last Login: 21 May 2024

Job Views:  
289
Applications:  13
Recruiter Actions:  5

Job Code

1408781

UNISON - Manager - Reinsurance - Facultative & Treaty - Techno Marketing

2 - 12 Years.Mumbai/Gandhinagar
Posted 1 month ago
Posted 1 month ago

Manager - Reinsurance - Facultative & Treaty - Techno Marketing


1. Treaty Reinsurance Business Procurement : Develop rapport with Indian and Foreign Insurers, Reinsurers & Brokers for procuring treaty business. Understand their current treaty portfolio, capacity requirements, any new protections required etc.

2. Develop Relations with Reinsurers : Identify Reinsurers, their contact, understand their appetite, for classes, areas. Develop personal rapport with the underwriters. Maintain record of their contact. Travel to their office wherever required.

3. Placement Management : Manage the placement process of Treaty reinsurance contracts, including submission, negotiation, and finalization of terms and conditions.

4. Market Analysis: Conduct thorough market research and analysis to identify opportunities for Treaty reinsurance placements and stay informed about market trends, pricing, and capacity.

5. Relationship Management: Cultivate and maintain strong relationships with Insurers, Reinsurers, Brokers, and other stakeholders to optimize placement outcomes and ensure alignment with company goals.

6. Risk Assessment: Maintain Rating update about Reinsurers, provide market updates to Insurers, Keeping updated about regulatory developments.

7. Policy Compliance: Ensure compliance with regulatory requirements, company policies, and industry best practices throughout the Treaty reinsurance procurement and placement process.

8. Documentation and Reporting: Maintain accurate records of Treaty reinsurance contracts, transactions, and communications, and prepare regular reports for senior management on placement activities and performance metrics.

Qualification requirements :

- Bachelor's degree, Business Administration. Advanced degree or professional certification (e.g., FIII, ACII, CPCU, ARM) is a plus.

- Minimum of 7+ years of experience in reinsurance procurement and placement, for Treaty Reinsurance.

- Fair knowledge of treaty contracts, types, and markets, with a proven track record of successful placements and negotiation skills.

- Strong analytical skills and attention to detail, ability to develop innovative solutions.

- Excellent communication and interpersonal skills, with the ability to effectively collaborate with internal and external stakeholders at all levels.

- Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint) and experience with reinsurance software and analytics tools is preferred.

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Posted By

user_img

HR

Decision Maker at Unison Insurance Broking Services Pvt Ltd

Last Login: 21 May 2024

Job Views:  
289
Applications:  13
Recruiter Actions:  5

Job Code

1408781

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