11 Sep
|
SKS Enterpprises - Human Resource Planning and Management
|
India
11 Sep
SKS Enterpprises - Human Resource Planning and Management
India
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 qualified with strong 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 Requirements
- 5–12 year
📌 Hiring: Manager (India)
🏢 SKS Enterpprises - Human Resource Planning and Management
📍 India