HEAD OF FACULTATIVE REINSURANCE (MANAGER)

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National Insurance Company Limited, Islamabad                                                    Qualification:

  • M.B.A (Insurance & Risk Management) from HEC Recognized University
  •  ACII or Dip CII will be an added advantage.

Experience:

  • Minimum 5 years working experience in handling insurance matters with sound knowledge of Reinsurance with special stress on Facultative Reinsurance
  • Knowledge of various Insurance Policy Covers, Conditions and Exclusions and hands on with Software skills in MS Office and ERP/ iGIS.

Jobs Description:

  • Responsible for Managing Facultative Reinsurance programs of NICL.
  • Liaison with the Underwriting department and Reinsurers to arrange the Facultative Reinsurances renewals in a timely manner.
  • Liaison with reinsurance brokers as appropriate and follow up the pending issues.– Implementing maximum automation for all classes of business in iGIS system.
  • Review the placing slips, cover notes and wordings and raise the points to the next level of management.
  • Managing all facultative claims and subsequent recoveries from the reinsurers.

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