Reinsurance

This role is responsible for assessing, advising and planning for future risks, seen and unforeseen, using knowledge of commercial, market and economic principles.

Job Profile Summary:

This role is responsible for assessing, advising and planning for future risks, seen and unforeseen, using knowledge of commercial, market and economic principles.

Job Description:

Responsible for management and implementation of reinsurance initiatives. Providing support to other special projects where the partnership with reinsurers are involved.

Providing secretariat support to the Reinsurance Sub-Committee, including the production of the key Reinsurance management information.

Responsible for the timely signing and execution of reinsurance treaties backing all reinsurance arrangements.

Responsible for reinsurance administrative process, not limited to design and automate reinsurance process

Liaises and negotiates with reinsurers to maximize PACS stakeholders benefits

Responsible for financial reinsurance projects and reinsurance for new product pricing

Design and enforcement on controls / SOP around reinsurance system setup and changes/enhancements

Ensure proper documentation and implement best practices for the entire reinsurance work

Responsible for reinsurance reporting to MAS, senior management and regional office

Develop department plans, controls, resources and formulate policies in area of responsibility

Look beyond existing solutions and own area to define/resolve complex issues in new situation

Who we are looking for:

Competencies & Personal Traits

• Good technical, analytical and problem solving skills, with the ability to work independently
• Substantial managerial experience
• Good communication skills
• Details oriented
• Self-motivated and outcome oriented
• Committed to excellence and always strive to deliver results with high standards
• Strong leadership traits to provide guidance and motivation to staff

Working Experience

• At least 7 years of actuarial experience

Professional Qualifications

• Qualified/Nearly qualified actuary from a recognized professional actuarial body

Education

• Degree in Actuarial