Executive, Reinsurance (Facultative)

MSIG; Kuala Lumpur; Hybrid; MYR 120,000 - 240,000; Full time

Benefits offered by this job

Medical

Education support

Dental/vision

Insurance coverage

Loan subsidies

Hybrid workplace

Birthday leave

Long service award

Company dinner

Sport club

Job summary

MSIG Malaysia is seeking an RI Facultative (Executive) to oversee Treaty and Facultative Reinsurance operations. You will support the leadership team in managing programs, ensuring compliance, and maintaining strong relationships with reinsurers and brokers.

You will analyze risks, renew treaties, and facilitate facultative placements to strengthen our insurance portfolio, while coordinating with internal teams on reporting, testing and governance requirements.

Qualifications

• Degree holder; preferably in insurance or accounting.
• Minimum 5 years of related working experience.
• Strong communication and interpersonal skills (written and spoken).

Responsibilities

• Oversee treaty and facultative reinsurance operations.
• Support leadership in managing reinsurance programs and ensuring compliance.
• Maintain strong relationships with reinsurers and brokers.
• Analyze risks, renew treaties, and facilitate facultative placements.
• Coordinate with internal teams on reporting and governance.

Skills

Communication skills

Interpersonal skills

Education

Degree in Insurance/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 an RI Facultative (Executive) to oversee Treaty and Facultative Reinsurance operations. In this role, you will support the leadership team in managing reinsurance programs, ensuring compliance, and maintaining strong relationships with reinsurers and brokers. This position plays a key role in analyzing risks, renewing treaties, and facilitating facultative placements to strengthen our insurance portfolio.

Responsibilities

1.Treaty Reinsurance

Collate Non-Proportional & Proportional Treaty Statistics for treaty renewals.

Maintain accurate documentation for treaty processes.

Collect and compile company and market statistics related to claims trends and loss ratios.

Monitor and update the security status of reinsurers participating in our treaty program.

Ensure timely submission of statements of accounts to reinsurers and brokers.

Request special acceptance from treaty reinsurers or brokers when needed.

Handle daily facultative reinsurance activities.

Ensure full compliance with internal, external, and regulatory requirements (e.g., LSR).

Coordinate and support marketing efforts for facultative reinsurance inwards business.

Manage and control CAB facultative reinsurance outwards transactions.

3.Additional Responsibilities

Maintain strong working relationships with colleagues and peers.

Conduct acceptance testing for automated reinsurance cessions in the P400 System.

Assist in company projects or initiatives as required.

Qualifications

Degree Holder (preferably in insurance or accounting).

Minimum 5 years of related working experience.

Strong communication and interpersonal skills (written and spoken).

What We Offers

• Medical
• Education Support
• Dental Vision
• Insurance Coverage
• Car and Housing Loan Interest Subsidy
• Hybrid Workplace (depends to nature of role)
• Birthday Leave
• Long Service Award
• Company Annual Dinner
• Sport Club