Position Title: Reinsurance Manager –FAC
Level/Grade/Designation: GMLocations: Mumbai HO
Department: RI
Total Work Experience: 8 to 10 years
Education: MBA / Relevant Insurance degree
Duties and responsibilities
To manage all the aspect of FAC Reinsurance (Inward and Outward)
- Structure and Negotiate FAC solution for large accounts
- Coordinate with Brokers and Indian Insurers for FAC Inward
- Cooridnate with UW team for closure of FAC Inward
- Liaisoning with RI Brokers and RI Markets for FAC RI solutions
- Other aspects of FAC RI
- Monitor RI Recoveries and Payments
- Timely payment / recovery of GST
- Managing other regulatory and Compliance process from RI perspective
- Manage Internal MIS from RI reporting point of view
Qualifications and experience
1. Ideally atleast 8 years of relevant experience in general insurance / RI Broker
2. Broad span of knowledge for all LOB’s
3. Strong hold on MS Excell and PPT
4. Good interpersonal and communication skills
5. Experienced in negotiation, facilitation, problem solving and decision making at a
senior level
6. Knowledge and experience of the market, trends and opportunities