Full Time Senior Executive - Reinsurance Jobs, Salary up to SGD 4,800 in SOMPO INSURANCE SINGAPORE PTE. LTD. Central Region (Singapore) - Maukerja

Operations Management:

• Administration of the Reinsurance Portfolio including treaty contracts set-up in the system, rendering of Treaty Statement of Accounts, Excess of Loss Treaties Premium Adjustment, Profit Commission, Reinstatement Premiums etc 
• Timely and accurate Quarterly Submission Technical Statement of Accounts, including bordereaux submissions, portfolio monitoring and payment authorization requests
• Support automation, system enhancements and workflow improvements.
• Work with internal teams (eg IT, Business, Finance, Compliance, Risk etc) to resolve operational issues and improve operational/reporting efficiency

Reinsurance Protection Arrangement &Statistics Collation /Analysis:

• Management of Treaty Reinsurance Renewals including negotiation, placement and obtaining management approvals for local and regional treaties
• Preparation & Management of Treaty Renewal statistics submissionsfor local, regional, global treaties including Natural Catastrophe EQ/Flood/PAModelling data and Retention Review data
• Check Treaty Contract Wordings, Update Treaty Arrangements, Guidelines and Training after renewal conclusion

Portfolio & Performance Monitoring and Reporting:

• Monitoring and Management Reporting on Treaty Performance,Reinsurance Security Rating Movements, Reinsurance Usage Concentration andReinsurance Contract Certainty, Regional Reinsurance Reporting required bySompo Group (SI, SJ, IRV, BMA etc) 
• Preparation and management of Regulatory submissions such as MAS122, 114 and GIA Contract Certainty Reporting

Others:

• Handling and Management of internal and external Audits onReinsurance, and Compliance  relatedreporting, request and queries
• Handle and Support request and task assigned by Ceded Re Head/Senior,Regional, Global SJ/SI,  Auditor and  Regulator, etc

SKILLS &EXPERIENCE

• Min 3-5 years of experience in reinsurance operations
• Good working knowledge of treaty and facultative reinsurance structures
• Familiarity with treaty renewal statistics submissions, catastrophe modeling, rating agency considerations,
• Good understanding of commercial and consumer insurance portfolios
• Strong analytical skills and competency in MS Excel and Powerpoint
• Strong team player with good communication and co-ordinationskills