REINSURANCE UNDERWRITER
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Job Reference Number |
13551371 |
Client ID: |
RI/103989 |
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Posted On: |
Jul 12 2009 |
Location: |
CITY CENTRE, DUBLIN |
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Job Type: |
Permanent
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Salary: |
EUR80K - EUR100K /A + NEGOTIABLE D. |
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Benefits: |
- SPORTS & SOCIAL CLUB
- STAFF DISCOUNTS
- PROFIT SHARE
- PENSION / PRSA
- EXPENSES
- LAPTOP
- MOBILE PHONE
- BONUS
- PERM. HEALTH INSURANCE
- VHI
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Our client, an International Reinsurance organisation are currently seeking a Treaty Reinsurance Underwriter to join their team in the Dublin.
The successful candidate will join an established team with international status.
The main duties and responsibilities of the role include:
- Negotiate and discuss treaty terms and conditions
- Underwriting and quoting new and renewal treaties in consultation with Reinsurance Manager
- Participate in client, broker and third party meetings
- Marketing activities in consultation with Reinsurance Manager
- To review reinsurance slips, wordings and other customary documents relating to the inward reinsurance treaties
- Prepare risk review reports for internal purposes
- Contribute to companys forecasting and budgeting processes
- Report to senior management on underwriting related issues
- To prepare basic data for portfolio analysis
- To maintain underwriting procedure
- To prepare renewal information, slips, wordings, etc. for retro treaties
- Handle inquiries from ceding companies, brokers and reinsurers
- To manage qualifications for ceding companies, brokers and reinsurers
- Entering Treaty information into IT system
- To review claims
- To manage claims records
- To assist data entry for outstanding loss reserve into IT System
- To check relevant items in monthly Operation Check List
- The ideal candidate will possess the following:
- 5-10 years prior experience as a treaty reinsurance underwriter
- A sound understanding of accounting and regulatory specifics is required
- Excellent analytical skills
- Good communication and interpersonal skills (team player)
- Ability to work on own initiative and willingness to take responsibility
- Comprehensive knowledge of Microsoft-Office products, especially Excel
- Willingness to travel
A competitive remuneration and benefits package including pension and bonus is available for the successful candidate.