Senior Executive, Reinsurance Operations Support

Allianz Malaysia Berhad; Kuala Lumpur; Presencial; MYR 72.000 - 96.000; Jornada completa

Descripción de la vacante

Allianz Malaysia Berhad in Kuala Lumpur is seeking a Senior Executive, Reinsurance Operations Support to own the documentation and processing of outward reinsurance closings, aligning with CAB and Bank Negara Malaysia guidelines.

You will handle reinsurance and co-insurance transactions in OPUS, CAB system, month-end reconciliations, internal/external inquiries, and support RI placement with the underwriting and sales teams to ensure accuracy and efficiency.

Formación

• Bachelor's Degree in Insurance, Finance, Business, or a related discipline.
• Minimum 3 years of relevant experience in reinsurance, insurance operations, or underwriting support.
• Proficient in Microsoft Office applications and insurance systems.
• Strong knowledge of reinsurance administration and operational processes.

Responsabilidades

• Processing of all reinsurance and co-insurance transactions in OPUS in accordance to the placement slip before the month-end closing and send out RI closing timely to reinsurers.
• Processing of all reinsurance and co-insurance outward transactions in Central Administration Bureau(CAB) System, assist on CAB UAT test if required
• To reconcile all outward transactions entered in OPUS and CAB after month-end closings and make adjustments if required
• Attend general enquiry from internal and external stakeholders
• Manage the submission of risk to The Scheme Manager for clearance on risks fall under the Large & Specialized Risk (LSR) and the preparation of Placement Completion Report.
• Support Manager/HOD with RI placement when required, collaborating closely with the underwriter and sales team, and assisting in the preparation of RI documentation to ensure all placement complete with accuracy and efficiency.
• Maintain proper e-filing of all documentations so that there is good control of filing system
• Referral to SVT on non-approved reinsurers via CRIPS and obtain approval prior to inception
• Handle and manage the overall performance of Reinsurance Module in OPUS system, attending on the system UAT if required
• Assist in the reinsurance placement and provide reinsurance administration support
• Participate proactively and contribute values to projects or new activities required by the Department for business efficiency or continuous process improvement
• Perform other duties as and when deemed necessary.

Conocimientos

Strong communication

Stakeholder management

Detail-oriented

Analytical skills

Team collaboration

Educación

Bachelor's degree in Insurance/Finance/Business

Herramientas

OPUS system

CAB system

Descripción del empleo

Senior Executive, Reinsurance Operations Support

Looking for a career that allows you to take ownership of your work?

Responsible in the administration of all documentation and processing of Reinsurance Outward closings efficiently in order to assist the Department to meet its objective and in accordance with the guidelines of the Company, Central Administration Bureau and Bank Negara Malaysia.

You'll be responsible for:

Processing of all reinsurance and co-insurance transactions in OPUS in accordance to the placement slip before the month-end closing and send out RI closing timely to reinsurers

Processing of all reinsurance and co-insurance outward transactions in Central Administration Bureau(CAB) System, assist on CAB UAT test if required

To reconcile all outward transactions entered in OPUS and CAB after month-end closings and make adjustments if required

Attend general enquiry from internal and external stakeholders

Manage the submission of risk to The Scheme Manager for clearance on risks fall under the Large & Specialized Risk (LSR) and the preparation of Placement Completion Report.

Support Manager/HOD with RI placement when required, collaborating closely with the underwriter and sales team, and assisting in the preparation of RI documentation to ensure all placement complete with accuracy and efficiency.

Maintain proper e-filing of all documentations so that there is good control of filing system

Referral to SVT on non-approved reinsurers via CRIPS and obtain approval prior to inception

Handle and manage the overall performance of Reinsurance Module in OPUS system, attending on the system UAT if required

Assist in the reinsurance placement and provide reinsurance administration support

Participate proactively and contribute values to projects or new activities required by the Department for business efficiency or continuous process improvement

Perform other duties as and when deemed necessary.

Important to your success:

Bachelor's Degree in Insurance, Finance, Business, or a related discipline.

Minimum 3 years of relevant experience in reinsurance, insurance operations, or underwriting support.

Strong knowledge of reinsurance administration and operational processes.

Detail-oriented with excellent analytical and problem-solving skills.

Proficient in Microsoft Office applications and insurance systems.

Strong communication and stakeholder management capabilities.

Self-motivated, collaborative, and driven to improve processes and deliver results.

Familiarity with AI tools like ChatGPT or Copilot is an added advantage.

Disclaimer: Thank you for your interest in joining our team. Due to the high volume of applications we receive, we are unable to provide individual feedback to every applicant. If you do not hear from us within 14 days of submitting your application, please assume that you have not been selected for this position.

Important: All updates regarding your application status will be communicated via email. Please ensure you frequently check your email for updates and further instructions.

Note: Allianz will not accept any forward unsolicited resumes from any source to our employees email other than directly from a candidate. We will not be responsible for any charges imposed.

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Allianz began in Germany over 120 years ago in 1889. Today, Allianz is one of the world's leading insurers and financial services providers. Allianz provides its over 78 million customers worldwide a comprehensive range of services in the areas of property and casualty insurance, life and health insurance, and asset management. Allianz Malaysia Berhad (AMB) is part of the Allianz Group. AMB, an investment holding company has two wholly-owned subsidiaries - Allianz Life Insurance Malaysia Berhad (“Allianz Life”) and Allianz General Insurance Company (Malaysia) Berhad (“Allianz General”).

Allianz began in Germany over 120 years ago in 1889. Today, Allianz is one of the world's leading insurers and financial services providers. Allianz provides its over 78 million customers worldwide a comprehensive range of services in the areas of property and casualty insurance, life and health insurance, and asset management. Allianz Malaysia Berhad (AMB) is part of the Allianz Group. AMB, an investment holding company has two wholly-owned subsidiaries - Allianz Life Insurance Malaysia Berhad (“Allianz Life”) and Allianz General Insurance Company (Malaysia) Berhad (“Allianz General”).

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