Job Responsibilities

Negotiate and arrange reinsurance placements (Treaty, Facultative, XOL) Note that: Treaty is nice to have for our possible future expansion.

Annually review current reinsurance programs and program structures and evaluate alternatives, formulates options, and recommend changes (e.g. enhancements in the Fac. In order to maximize revenue for CIS )

Prepare the required renewal information including statistics, risk profiles, top risks, Customer requirements and major losses, etc

Develop adequate controls and reports to monitor reinsurance performance.

Collaborate with direct broking department (CG and Non-CG) to optimize Fac. Reinsurance opportunity and leverage direct broking opportunity.

Build network with international and domestic insurance community and cooperate on Inward and Outward Facultative Reinsurance.

Liaise with Finance Department for remittance of reinsurance premiums in accordance with the contract requirements.

Monitor the reinsurance register to ensure risks are correctly allocated to each RI brokers / Reinsurers.

Prepare the required reports for different stakeholders such as company management, OIC, etc.

Monitor and update rating records of all reinsurers.

Perform due diligence when working with new Reinsurers and Reinsurance Brokers

Review the placing slips, cover notes and wordings.

Prepare RI Application

Understand products thoroughly and be able to explain to Reinsurance brokers and Reinsurers.

Continuously improve Reinsurance operation process

Qualification

Experience: 3 – 5 years

Knowledgeable types of insurance / reinsurance

License: Reinsurance

Education Degree: Bachelor degree or more

Excellent communication skills in both Thai and English