01Key Responsibilities
1. Reinsurance Strategy & Program Design
Develop and execute reinsurance strategies aligned with business goals and regulatory requirements.
Optimize treaty and facultative reinsurance programs for capital efficiency and profitability.
Model retention levels, coverage structures, and costs to maximize value.
2. Reinsurance Operations & Compliance
Oversee reinsurance operations, ensuring adherence to governance, controls, and IRDAI regulations.
Manage reinsurance reporting, recoveries, and financial settlements.
Maintain accurate documentation of contracts and endorsements.
3. Stakeholder & Market Management
Build and maintain strong relationships with reinsurers, brokers, and intermediaries.
Negotiate terms, conditions, and pricing to secure optimal coverage.
Collaborate with underwriting, actuarial, claims, and finance teams to align reinsurance strategies with business objectives.
4. Process Optimization & Digital Innovation
Drive automation and efficiency in reinsurance processes using digital tools.
Implement analytics and dashboards for performance monitoring and reporting.
Integrate reinsurance systems with core insurance platforms for seamless operations.
5. Risk Management & Financial Analysis
Monitor program performance, utilization, and counterparty credit risk.
Conduct scenario analysis and stress testing to assess protection adequacy.
Provide financial insights on reinsurance strategy and capital optimization.
6. Leadership & Team Development
Build and lead a high-performing reinsurance team.
Foster technical expertise, collaboration, and continuous learning within the team.
The Successful Applicant
02Requirements
Education & Qualifications:
Bachelor's degree in Finance, Actuarial Science, or related fields; Master's or MBA preferred.
Professional certifications (e.g., ACII, CPCU, FCII) are a plus.
Experience:
12+ years in reinsurance, with 5+ years in senior leadership.
Proven expertise in treaty and facultative reinsurance across P&C and Health.
Strong knowledge of IRDAI regulations and Indian/Asian reinsurance markets.
Skills & Competencies:
Deep understanding of reinsurance structures, pricing, and capital optimization.
Strong analytical and financial modeling skills.
Experience with reinsurance technology platforms and automation tools.
Excellent negotiation, communication, and stakeholder management skills.
Strategic mindset with a focus on collaboration and innovation.
What's on Offer
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