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