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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
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