Reinsurance, Executive

MSIG Insurance (Malaysia) Bhd Registration No; Kuala Lumpur; On-site; MYR 33,480 - 55,800; Full time

Job summary

MSIG Insurance (Malaysia) Bhd Registration No is seeking candidates for roles related to Treaty Statistics and Facultative Reinsurance. Responsibilities include collating treaty statistics, maintaining documentation, and monitoring reinsurers' security status.

The ideal candidate will have a degree or diploma in insurance or accounting, with 1-2 years of experience preferred, though fresh graduates are encouraged to apply.

Qualifications

• Degree or diploma holder preferably in insurance and accounting.
• 1-2 years related working experience preferred.
• Fresh graduates are welcome to apply.

Responsibilities

• Collate Non-Proportional & Proportional Treaty Statistics for treaty renewal.
• Maintain proper documents for Treaty documentation.
• Monitor and update the security status of the Reinsurers.
• Timely submit statements of accounts to Reinsurers.
• Request for special acceptance from Treaty Reinsurers.

Skills

Good communication skills

Interpersonal skills

Written communication

Spoken communication

Education

Degree / Diploma in insurance or accounting

Job description

Responsibilities – Treaty Statistics

• Collation of Non-Proportional & Proportional Treaty Statistics for treaty renewal.
• Maintenance of proper documents for Treaty documentations.
• Collecting and compiling of data of company and market statistics relating to claims trend and loss ratios.
• Monitoring and updating of the security status of the Reinsurers participating on our Treaty Program.
• Timely submission of statement of accounts to Reinsurers and Reinsurance Brokers.
• Request for special acceptance from Treaty Reinsurers / Reinsurance Brokers.

Responsibilities – Facultative Reinsurance

• Facultative Reinsurance daily activities.
• Controls for full compliance with internal and external policies, procedures and regulatory requirements like LSR.
• Co-ordinates and supports the marketing for Facultative Reinsurance Inwards business.
• Manage and control CAB Facultative Reinsurance Outwards transactions.

Job Requirements

• Degree / Diploma holder preferably in insurance and accounting.
• Preferably 1-2 years related working experience. However, fresh graduates are welcome to apply.
• Good communication and interpersonal skills, written and spoken.
• Tertiary qualification preferably in insurance and accounting.