Assistant Manager, Reinsurance

MSIG

Kuala Lumpur

Hybrid

MYR 90,000 - 150,000

Full time

13 days ago
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Benefits offered by this job

Medical
EducationSupport
DentalVision
InsuranceCoverage
Car and Housing Loan Interest Subsidy
Hybrid Workplace
Birthday Leave
Long Service Award
Company Annual Dinner
Sport Club

Job summary

MSIG Malaysia is seeking a seasoned professional to support the Head and Manager in managing Treaty Reinsurance operations, including renewals, documentation, and regulatory submissions. You will maintain relationships with reinsurers and brokers and contribute to MSIG's treaty programme.

The role requires a tertiary qualification (preferably in Insurance or Accounting) and at least five years of relevant experience. A hybrid workplace and comprehensive benefits are offered.

Qualifications

  • Proven ability to plan and manage treaty operations.
  • Strong analytical and conceptual thinking skills.

Responsibilities

  • Assist the Head and Manager in managing the daily activities of the Treaty Division, including supervision and training of subordinates, Treaty documentation, and provision of technical guidance and advice.
  • Collate treaty statistics for renewal, monitor reinsurer security status and update system data.
  • Maintain professional relationships with reinsurers and brokers, manage special acceptance requests, and provide technical training on MSIG Treaties.
  • Ensure cessions align with the treaty programme and submit accounts to reinsurers, brokers, and regulators on time.
  • Support acceptance testing of automated Treaty Cession and assist with company projects and initiatives.

Skills

Planning
Analytical thinking

Education

Bachelor's degree in Insurance or Accounting

Job description

Jora Malaysia will close on 9th September 2026. Thank you for being with us, we are cheering you on as you continue your career journey.

We are looking for a professional to support the Head and Manager in managing Treaty Reinsurance operations, including treaty renewals, documentation, reinsurer security monitoring, regulatory submissions, and technical support. The role also involves maintaining relationships with Reinsurers and Brokers and supporting the Company’s treaty programme and reinsurance initiatives.

Key Responsibilities

Assist the Head and Manager in managing the daily activities of the Treaty Division, including supervision and training of subordinates, Treaty documentation, and provision of technical guidance and advice.

Collate Non-Proportional and Proportional Treaty statistics for treaty renewal, including company and market data relating to claims trends and loss ratios, and monitor and update the security status of Reinsurers participating in the Company’s Treaty Programme.

Maintain professional relationships with Reinsurers and Brokers, manage requests for special acceptance, and provide technical training on reinsurance/MSIG Treaties.

Ensure cessions to Treaty are in accordance with the agreed treaty programme, including timely submission of statements of accounts to Reinsurers, Brokers, and MNRB for Voluntary/Auto Fac cessions, as well as timely submission of REINS to Bank Negara Malaysia in accordance with applicable regulatory requirements.

Support acceptance testing of automated Treaty Cession in the P400 System, provide technical assistance to subordinates and other departments, and assist with the Company’s projects and new initiatives as required.

Qualification

Tertiary qualification, preferably in Insurance, Accounting, or a related field.

Minimum 5 years of relevant working experience.

Required Skills

Good planning and organisational skills

Strong analytical and conceptual thinking skills

WhatWeOffers
  • Medical
  • EducationSupport
  • DentalVision
  • InsuranceCoverage
  • CarandHousingLoanInterestSubsidy
  • HybridWorkplace(dependstonatureofrole)
  • BirthdayLeave
  • LongServiceAward
  • CompanyAnnualDinner
  • SportClub.

Weappreciateyourinteresttojoinus.YourapplicationisKept-In-View ifyoudonothearfromuswithin14daysofsubmittingyourapplication.

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