Chief Manager- Reinsurance solutions

10 - 12 years

35 - 40 Lacs

Posted:-1 days ago| Platform: Naukri logo

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Work from Office

Job Type

Full Time

Job Description

Chief Manager- Reinsurance solutions Responsible for collaborating closely with the client and AON s modelling team for modelling of client s CAT exposures wherever needed Responsible for the preparation and analysis of Treaty data and underwriting information including but not limited to allocation sheet, information packs, quote sheets, market sheets, slips, cover notes, wordings, endorsements, addendum, presentations as per AON s format Responsible for sharing the final information packs with client and thereby with allocated markets and resolving the queries if any Accountable for developing the quotation document and distributing it to the client Responsible for preparing the final order terms sheet and sharing with reinsurers for their written lines.
Basis the written lines, the market sheet to be prepared and shared with clients Responsible for advising the signing to the reinsurers and ensuring acknowledgment from them Preparing the slips / endorsements and ensuring timely signatures from reinsurers To ensure accurate and timely data input in the data system (GRiDS) as well as ensuring compliance with relevant Company and Market Rules and Procedures. Maintenance of placement correspondence and documents such as slips, endorsements to assist brokers and for compliance reason Compiling a comprehensive summary for the term sheet, Treaty programme, structure charts, or schematics for clients To ensure the securities are approved by AON s market security team or otherwise inform the brokers of the CNL process during the time of placement. Supervising the Financial Responsibility Numbers (FRN) of reinsurers and supporting both reinsurers and clients as requested for FRN submissions Preparation and technical analysis of statistics and other underwriting information supporting the negotiation and placement of Treaty business by the broking team /Provide technical support to service reinsurance placements: assisting brokers with new business opportunities, renewals, and mid-term adjustments. Updating on progress of the placement using the appropriate trackers Help brokers with their continued communication with customers and reinsurance firms Aid brokers in their dealings with clients and reinsurers Working on various benchmarking and analysis as and when needed Working on L&H clients also with similar renewal process Liaoning with compliance / legal team etc for various legal requirements such as NDA, TOBA Maintain and share technical expertise in specialist/ technical areas Deliver outstanding service that goes above and beyond for our clients Guiding and mentoring new colleagues To assist the brokers to maintain and ensure the accurate opportunities are collected in the pipeline Support brokers to supervise the brokerage/revenue that is being booked in the system when activating contracts To supervise, via appropriate trackers showing the UMR, which contracts that are up for renewal and which are placed on a multi-year basis 2570238

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