Deputy GM - Reinsurance HRS Global Job in Karachi

Deputy GM - Reinsurance HRS Global Job in Karachi

Qualification Required:Degree educated with ACII

Professional Experience:6+ years of experience in Facultative Reinsurance Placement and Treaty program and its placement.

Principal Accountability:

• Planning, monitoring, managing and controlling team/department, business operations, resources and performance in line with agreed business targets, service standard and wider business objectives.
• Ensuring effective supervision of reinsurance cover in line with agreed underwriting policy, risk appetite, commercial goals and reporting.
• Contribution in bringing reinsurance knowledge and expertise, identify, assess and make recommendations about underwriting opportunities and/or threats presented by new/emerging risks.
• Building and maintaining effective working relationships with the reinsurers and brokers
• Supporting and encouraging the identification and implementation of appropriate new and/or better ways of doing things so as to improve service and efficiency.
• Participation in treaty renewal/placement and to ensure that better terms would be opted taking account of market trends/embedded threats in a given portfolio effecting net underwriting profitability.
• Deriving appropriate retention levels and updating ED Reinsurance on the most suitable levels with major emphasis on net underwriting profitability and embedded exposures in LOB.
• Responsible for facultative reinsurance placement for all line of business.
• Support services to underwriting departments and branches on technical operational aspects of underwriting and reinsurance emanating from new business or renewals.

Core Skills & Essentials to Meet Job Expectations:

• Excellent communication (verbal + written) skills
• Excellent analytical and decision making skills
• Excellent interpersonal skills

Remuneration Package & Other Details:PKR 200,000 + Benefits