Reinsurance Manager

Kshema; Secunderabad; On-site; INR 1,500,000 - 2,600,000; Full time

Job summary

Kshema General Insurance Limited (Kshema) seeks a Reinsurance Manager to design, negotiate, place, and monitor reinsurance programs aligned with risk appetite and regulatory requirements. You will collaborate with brokers, reinsurers and internal teams to deliver optimal pricing and terms.

You will lead submissions, ensure contract compliance, and oversee accounting, reporting and auditing related to reinsurance activities while tracking program performance and identifying improvement

Qualifications

• In-depth knowledge of reinsurance regulations, concepts, principles and practices.
• Professional reinsurance certification or designation desirable.
• Extensive experience in reinsurance domain; preferably with an Indian insurance company.
• Ability to evaluate complex and dynamic reinsurance scenarios and risks.
• Excellent negotiation, communication and interpersonal skills with stakeholders.

Responsibilities

• Develop and review retention strategy and reinsurance program per risk appetite and regulations.
• Evaluate reinsurance needs based on risk profile, capital position and market conditions.
• Negotiate pricing, terms, and conditions with reinsurers.
• Prepare and review reinsurance submissions, proposals and contracts.
• Ensure compliance with internal and external standards and regulations.
• Lead reinsurance accounting, reporting and auditing processes; ensure settlements.
• Monitor performance of programs and conduct reviews to identify gaps and savings.
• Communicate with brokers, reinsurers and internal teams; resolve disputes.
• Stay updated on trends and best practices; provide insights to senior management.

Skills

Analytical skills

Negotiation skills

Communication skills

Interpersonal skills

Problem solving

Decision making

Education

Bachelor’s or Master’s degree in insurance, finance, actuarial science, or related field

Job description

Secunderabad, India | Posted on 08/25/2026

Kshema General Insurance Limited (Kshema) was established in 2018 and is India's only Digital Agri Insurance Company catering to farmers/cultivators in the Agriculture Sectors. Kshema enables cultivators with resilience from financial distress due to extreme climate events and perils through localised insurance products. Kshema is leveraging Technology to provide cutting edge insurance solutions to farmers.

Kshema has a pan India presence with more than 500+ employees on roles along with 500+ employees as contractors.

Job Description

JobDescription:

As a Reinsurance Manager, you will be responsible fordesign, negotiation, placement, and monitoring of reinsurance programs in linewith the risk appetite, financial objectives and regulatory requirements forKshema General Insurance Limited. You will work closely with Kshema’sstakeholders like brokers and reinsurance partners along with Kshema’s internaldepartments like Underwriting, Finance and Actuarial teams to achieve yourdeliverables.

Key Responsibilities:

• Developing and reviewing the retention strategy and reinsuranceprogram as per the risk appetite, financial objectives, and regulatoryrequirements.
  
• Evaluating the reinsurance needs and opportunities for Kshema,based on an analysis of risk profile, capital position and marketconditions
  
• Negotiating and securing optimal pricing, terms, and conditions forreinsurance contracts with reputable and financially sound reinsurers.
  
• Preparing and reviewing the reinsurance submissions, proposals, andcontracts.
  
• Ensuring compliance of all reinsurance discussions, contracts andsubmissions with internal and external standards and regulations.
  
• Leading the reinsurance accounting, reporting, and auditingprocesses, and ensuring timely and accurate settlement of reinsurancetransactions and claims.
  
• Monitoring the performance of reinsurance programs, and conductregular reviews and audits to identify gaps, and suggest changes in theprogram to address gaps and/or save reinsurance spend;
  
• Establishing and maintaining effective communication withreinsurance brokers, reinsurers, and internal stakeholders, and resolvingany disputes or queries; and
  
• Keeping abreast of the latest trends, developments, and bestpractices in the reinsurance industry, and providing insights andrecommendations to senior management.
  

Requirements

Requirements:

• In-depth knowledge of current reinsurance regulations, reinsuranceconcepts, principles, and practices, such as reinsurance types,structures, pricing and accounting.
  
• Professional certification or designation in reinsurance from areputed institute is desirable.
  
• Extensive experience in reinsurance domain; preferably with anIndian Insurance company
  
• Strong analytical, problem-solving, and decision-making skills, andthe ability to evaluate complex and dynamic reinsurance scenarios andrisks.
  
• Excellent negotiation, communication, and interpersonal skills, andthe ability to build and maintain positive and productive relationshipswith internal and external parties.
  
• High level of integrity, professionalism, and ethical standards,and the ability to comply with relevant laws, regulations, and codes ofconduct; and
  
• Strategic, innovative, and results-oriented mindset, and theability to align reinsurance objectives and activities with the company’svision, mission, and values.
  

Educational Qualifications

• Bachelor’s or master’s degree in insurance, finance, actuarialscience, or a related field