11 Sep
|
SKS Enterpprises - Human Resource Planning and Management
|
Mumbai
11 Sep
SKS Enterpprises - Human Resource Planning and Management
Mumbai
Job Description Manager / Senior Manager – Reinsurance Placement & Operations (Marine) Location: Mumbai Industry: Insurance Broking Function: Reinsurance – Marine Placement & Operations Experience: 5–12 years Compensation: Up to ₹25 LPA Level: Manager / Senior Manager Role Overview We are looking for an experienced Reinsurance professional with solid expertise in Marine insurance, covering both reinsurance placement and operations. The role will involve managing end-to-end facultative reinsurance placements, coordinating with insurers, reinsurers and internal stakeholders, and ensuring smooth execution of documentation and post-placement activities. Key Responsibilities - Manage end-to-end Marine Facultative Reinsurance placements, from receiving submissions to final binding. - Analyse Marine risks, underwriting information, policy terms, limits, deductibles and exposure details. - Prepare and review reinsurance slips, submissions, quotations, debit/credit notes, cover notes and other placement documentation.
- Approach and negotiate with domestic and international reinsurers for optimal terms and pricing. - Coordinate with cedants, insurers, reinsurers and internal teams throughout the placement cycle. - Handle reinsurance operations and post-placement servicing, including documentation, premium processing, endorsements, renewals and cancellations. - Follow up for reinsurance confirmations, signed lines, policy documentation and closing documents. - Coordinate with finance/accounts teams for premium settlements, collections and related reconciliations. - Support Marine reinsurance renewals and maintain strong relationships with reinsurers and market contacts. - Ensure compliance with applicable regulatory, documentation and internal process requirements. - Maintain accurate records, placement trackers and MIS related to Marine reinsurance business. - Guide junior team members and support the team in meeting placement and operational timelines. Mandatory Requiremen
📌 Manager / Senior Manager - Reinsurance Placement & Operations (Marine) (Mumbai)
🏢 SKS Enterpprises - Human Resource Planning and Management
📍 Mumbai