Assistant Manager, Reinsurance

Purpose of Job

This role will be responsible for developing and executing reinsurance strategies to ensure that all risk acceptances are placed by appropriate reinsurance arrangements. The role also focuses on fostering strong relationships and connections with reinsurer partners to support the growth and profitability of the reinsurance business.

Key Responsibilities

Client Management

• Manage the renewal accounts that are assigned including negotiating and arranging reinsurance placements, client visitation, cedent visitation, and markets management
• Maintain good relationships with cedent companies to facilitate the growth of the facultative portfolio.
• Collaborate with the Reinsurance Operations team to ensure control of all deadlines, follow-ups and deliverables for certificates, endorsements, regulatory reporting or other reinsurance documents is in order.
• Ensure information is correct and accurate for reinsurance billings and issued on time as per the budgeted schedule.
• Collaborate with the Claims Recovery and Credit Control teams to address any reconciliation matters or claims cash call or recovery issues with reinsurers.
• Assist the Unit Hear to Work on new business opportunities.

Compliance

• Ensure compliance with relevant company and/or group policies and procedures.
• Maintain accurate records and correspondence.

Representing the Company

• Perform any other reasonable duties as required.

Knowledge and Experience

• Degree or equivalent qualification with a minimum of 5 years of experience within the insurance industry.
• Preferably with experience in broking or reinsurance.
• Excellent relationship-building and communication skills.
• Ability to work independently and collaboratively in a team environment.
• Attention to detail and compliance-oriented mindset.
• Proactive problem-solving skills.