Executive, Underwriting Reinsurance

Executive, Underwriting Reinsurance

• Facultative inwards acceptance & outwards placement including CAB system
• To handle Co-Insurance business thru CAB System

The key responsibilities will include but are not limited to:

• Ensure facultative reinsurance placement for new and renewal cases and prepare RI placement slips to Underwriter on the requested placement.
• Ensure advise Reinsurers on changes or amendments of each respective risks and ensure all confirmation are received promptly.
• Ensure all renewal cases with facultative reinsurance support have obtained Reinsurers confirmation of holding cover prior to policy inception dates or endorsement effective date.
• To comply with Bank Negara/company placement guideline, check on RI Rating, local placement, safe keep all RI slip.
• Ensure Co-insurance policies and/or endorsement aging listing are always at the minimal cases.
• Ensure all closings for policy and endorsement are channel through CAB System in timely basis for both facultative reinsurance and co-insurance business.
• To relief other team members duties whenever necessary or assigned by superior.
• Attend to external and internal enquiries relating to Co/reinsurance activities.
• Perform other related functions and duties that are assigned by Head of Department from time to time

Job Specification:

• Degree holder in actuarial science / insurance / any other relevant discipline.
• Working experience in Reinsurance and/or in any underwriting class of insurance would be an added advantage.
• Fresh graduate with internship experience in Underwriting General Insurance may apply.
• Good technical, analytical and communication skills.
• Strong drive to excel professionally
• Proficiency in spoken and written English.
• Self-motivated, positive working attitude and capable of working independently.
• Good organization and effective time management.
• Computer literate and proficient in Microsoft Office.