Manager, Reinsurance (Broking)

Howden Insurance Brokers Limited; Kuala Lumpur; On-site; MYR 180,000 - 240,000; Full time

Job summary

Howden Insurance Brokers Limited is seeking a seasoned reinsurance professional to lead strategy development and placement execution. The role emphasizes strong ties with reinsurers to support growth and profitability of the reinsurance portfolio.

The successful candidate will manage renewals, negotiate terms, and ensure timely documentation while collaborating with operations and claims teams to uphold compliance and drive business opportunities.

Qualifications

• Degree or equivalent qualification with minimum 7 years in the insurance industry.
• Experience in broking or reinsurance preferred.
• Excellent relationship-building and communication skills.
• Ability to work independently and in a team.
• Attention to detail and compliance-oriented mindset.

Responsibilities

• Manage renewal accounts, negotiate and arrange reinsurance placements.
• Maintain relationships with cedents to grow facultative portfolio.
• Coordinate with Reinsurance Operations for deadlines and documents.
• Ensure reinsurance billings and certificates are accurate and timely.
• Collaborate with Claims Recovery and Credit Control on reconciliation issues.
• Assist the Unit Head to pursue new business opportunities.

Skills

Reinsurance

Client management

Negotiation

Relationship building

Regulatory compliance

Education

Bachelor's degree in Insurance

Job description

This role will be responsible for developing and executing reinsurance strategies to ensure that all risk acceptances are placed by appropriate reinsurance arrangements. The role also focuses on fostering strong relationships and connections with reinsurer partners to support the growth and profitability of the reinsurance business.

Key Responsibilities

Client Management

• Manage the renewal accounts that are assigned including negotiating and arranging reinsurance placements, client visitation, cedent visitation, and markets management.
• Maintain good relationships with cedent companies to facilitate the growth of the facultative portfolio.
• Collaborate with the Reinsurance Operations team to ensure control of all deadlines, follow-ups and deliverables for certificates, endorsements, regulatory reporting or other reinsurance documents is in order.
• Ensure information is correct and accurate for reinsurance billings and issued on time as per the budgeted schedule.
• Collaborate with the Claims Recovery and Credit Control teams to address any reconciliation matters or claims cash call or recovery issues with reinsurers.
• Assist the Unit Hear to Work on new business opportunities.

Compliance

• Ensure compliance with relevant company and/or group policies and procedures.
• Maintain accurate records and correspondence.

Representing the Company

• Perform any other reasonable duties as required.

Knowledge and Experience

• Degree or equivalent qualification with a minimum of 7 years of experience within the insurance industry
• Preferably with experience in broking or reinsurance.
• Excellent relationship-building and communication skills
• Ability to work independently and collaboratively in a team environment.
• Attention to detail and compliance-oriented mindset.