Reinsurance Underwriter
2 months ago
**Job functions and responsibilities**:
- Create accurate and comprehensive facultative reinsurance slips in accordance with industry standards.
- Engage in negotiations with clients, partners, insurers, brokers, and reinsurers to ensure favorable terms and conditions.
- Maintain a detailed track record of business for all account managers to facilitate efficient management and reporting.
- Communicate with the company's clients to understand their requirements and analyze their needs effectively.
- Obtain and assess reinsurers' quotations to make informed decisions for the benefit of clients.
- Take charge of claims on behalf of clients, ensuring a smooth and efficient process.
- Manage the renewal cycle for all clients, including collating risk information and conducting market research when necessary.
- Prepare detailed and insightful client reports for both new and existing clients.
- Undertake various assignments as directed by the Reinsurance Manager to support the overall goals of the team.
**Qualifications**:
- BA degree in business administration, insurance, finance, or any related field.
- Minimum 2 years of proven experience in the insurance industry, preferably in reinsurance.
- Be accepted by the regulator whenever required.
**Skills and competencies**:
- Proficient in data analysis and interpretation to make informed decisions.
- Preferable experience and knowledge in reinsurance technicalities.
- Strong communication and interpersonal skills.
- Detail oriented with ability to handle multiple tasks and meet deadlines in a fast-paced environment.
- Professional in using Microsoft Office suite.
- Proactive and client centric approach with a focus on delivering exceptional service.
**Experience**:
- Relevant: 2 years (preferred)
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