Job
Description:

As a Reinsurance Manager, you will be responsible for
design, negotiation, placement, and monitoring of reinsurance programs in line
with the risk appetite, financial objectives and regulatory requirements for
Kshema General Insurance Limited. You will work closely with Kshema’s
stakeholders like brokers and reinsurance partners along with Kshema’s internal
departments like Underwriting, Finance and Actuarial teams to achieve your
deliverables.

Key Responsibilities:
- Developing and reviewing the retention strategy and reinsurance
program as per the risk appetite, financial objectives, and regulatory
requirements.
- Evaluating the reinsurance needs and opportunities for Kshema,
based on an analysis of risk profile, capital position and market
conditions
- Negotiating and securing optimal pricing, terms, and conditions for
reinsurance contracts with reputable and financially sound reinsurers.
- Preparing and reviewing the reinsurance submissions, proposals, and
contracts.
- Ensuring compliance of all reinsurance discussions, contracts and




submissions with internal and external standards and regulations.
- Leading the reinsurance accounting, reporting, and auditing
processes, and ensuring timely and accurate settlement of reinsurance
transactions and claims.
- Monitoring the performance of reinsurance programs, and conduct
regular reviews and audits to identify gaps, and suggest changes in the
program to address gaps and/or save reinsurance spend;
- Establishing and maintaining effective communication with
reinsurance brokers, reinsurers, and internal stakeholders, and resolving
any disputes or queries; and
- Keeping abreast of the latest trends, developments, and best
practices in the reinsurance industry, and providing insights and
recommendations to senior management.

Requirements

Requirements:
- In-depth knowledge of current reinsurance regulations, reinsurance
concepts, principles, and practices, such as reinsurance types,
structures, pricing

📌 Reinsurance Manager (Secunderabad)
🏢 Kshema
📍 Secunderabad