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Senior Manager,AVP , Third Party Facultative Reinsurance , BFSI

  • 7-11 yrs
  • Not Disclosed

Job Description

Note: This job will require frequent travel to Dhaka (Bangladesh). People who are open to travel frequently can apply., Placement of proportional and non,proportional facultative arrangements., Ensuring Reinsurance servicing of all accounts allocated including claims management and endorsement handling. , Managing renewal accounts (on Reinsurance side) and develop opportunities for new business while working closely with Indian Cedants., Ensuring timely bookings and preparing management reports., Studying proposals, market dynamics and accordingly bring the best possible Facultative Reinsurance arrangement., Monitor the fi, nancial & credit ratings of the reinsurers and keep a tab on the developments in Reinsurance market. , Build and maintain relationships with key stakeholders internally and externally., Deal with oversea' s insurer's,local FRB's,local reinsurer's for client requirements, Develops and maintains effective network within the business community and industry., Proficiency on claims servicing. , Ability to work in conjunction with Global team on various tools, supporting local relationships for arriving at required result, Follow the compliance regulations laid by IRDAI for reinsurance., Develop relationship with reinsurers and overseas colleagues and coordinate with them for best terms., Any contingency work required by team,department.Must Have Prior Experience:, 7,10 years of experience in insurance industry., Experience in Insurance underwriting,Reinsurance,Reinsurance broking and claims management, Corporate Relationship Management , Business Solution Provider from a service background., Ability to manage diverse client cultures i.e. Indian Corporate, MNC Corporation and PSU clients., Strong knowledge of the various products,Analytics, Domain knowledge preferred