Facultative Reinsurance

7 months ago

Kuala Lumpur, Malaysia Zurich Insurance Full time

**Purpose**
Under general direction, executes reinsurance account management-related responsibilities in the preparation, conclusion, documentation, and administration of traditional reinsurance agreements with internal or external parties for the reinsurance business assigned.

**Key Accountabilities**
- Treaty Placement & Account Management (including Zurich Business Unit relationship management) Treaty Premium Planning & Analysis.
- Treaty Contract Compliance review and documentation.
- Ensure Zurich Risk Policy compliance and governance requirements for the reinsurance business and take action to ensure they are met.
- Supports the data call and review process.
- Supports and promotes relationship management with the Zurich Business Units.
- Supports the relationship management of attributed cedents, reinsurers, and reinsurance brokers.
- Captures treaty details in mainframe system and works closely with the Finance team to ensure a smooth clothing process.

**Additional Job Functions**
- May support regulatory request coordination and/or the state examination process.
- Participate in special projects as assigned.

**Business Accountabilities**
- Contribute to the achievement of the assigned reinsurance plans and targets.
- Support the development and implementation of relevant reinsurance guidelines.
- Provide specialist advice to address specific technical queries from the Business Units.
- Enhance business through consulting with the Business Units, reinsurers, cedents, and/or brokers.

**Performance Management Accountabilities**
- Model behaviors that demonstrate commitment to corporate values.
- Provide input into performance management discussions of project team members.
- Coach and provide technical advice and counsel within and outside operating unit.
- Take action to manage own personal development and encourage others to do the same.

**Education & Experience**
- Bachelor’s degree in accounting or finance and 3 or more years of experience in the Insurance Industry area

**Preferred**
- Reinsurance industry Knowledge
- Advanced knowledge of reinsurance contracts
- Negotiation experience
- Strong verbal and written communication skills

**You are the heart & soul of Zurich**

Let’s continue to grow together

Location(s): MY - Kuala Lumpur

Schedule: Full Time

Recruiter name: Izzah Saibudin

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