Job Description
• Check and validate facultative request information
• Execute placement request
• Liaise with facultative broker and reinsurers on placement matters
• Liaise with underwriters on placement matters
• Monitor placement update and status to ensure TAT is met
• Provide support to the distribution and underwriter to ensure enough capacity
to accept risk
• Compliance with reinsurers' security requirements
• Compliance with regulatory requirements on fac reinsuranc,e especially GPI22
• Compliance withthe LSR scheme requirement and reporting
Job Requirements
- Degree in business, statistical, commerce or actuarial
- Market contact, methodological, analytical, eyes on details, observance
- Specify the professional Licenses and certifications necessary to be able to do the job efficiently. Maintain specificity (Ex, ACCA, Society of Actuaries certifications and etc)
- Min 3- 5 years’ experiences in handling facultative placement and liase with fac brokers.