Senior Executive (Reinsurance) - Reinsurance Department

Senior Executive (Reinsurance) - Reinsurance Department

Negotiable 69 views - Expires in 27 days

What We Can Offer

Minimum of 15 days of annual leave;
Bonus, various allowance and subsidy, teambuilding activities.
Work from home in shift

Job Description

PURPOSE:
- Handling of Reinsurance (RI) processing of facultative outward placement to ensure prompt and accurate processing of premiums and claims.
- Assist in collation and facultative inward acceptances.

CONTEXT:
- All classes of insurance business in Vietnam, especially for classes provided by MSIG Vietnam
- RI Facultative outward placement and follow up claims handling.
- Support Managers in operation of RI.

DIMENSIONS:
- Provide general administrative support for the Division.
- Assist in the preparation of reports and statistics for analysis of performance.

KEY OUTPUTS:
• Review quotation from Marketing (MKT)/Underwriting and seek reinsurance supports of policy when capacity required and ensure all reinsures have approved security; Ensure all policies are properly reinsured/retained;
• Do facultative outward placement-follow up
• Do facultative inward acceptance-follow up
• Refer to Treaty Leader to get special approval for the risk.
• Negotiation and placement facultative reinsurance with reinsurers
• Support Managers to maintain and develop prudent RI Inward business to achieve the assigned budget
• Handle RI accounting reports process Claim Recovery, coordinate and follow up with Accounting Division to make payment/offset timely.
• Prepare RI frequent reports, renewal reports.
• Support Managers in working with Reinsurers/Brokers on RI renewal.
• Coach and supervise subordinates on RI processing.
• Review manual guideline as assigned by line manager.
• Involve in enhancements to improve daily tasks.
• Do basic RI training to related Divisions as well as support Managers to provide update RI scheme annually or any ad-hoc request (if needed).
• Other office works as assigned by line managements or the company.

RELATIONSHIPS:
• Reinsurers/Brokers/Insurers
• MSIG VN’s staffs and other industry peers.
• MSIG Asia (MA)
• MSI Japan

DECISION MAKING AUTHORITY: Nil

KEY PERFORMANCE INDICATORS:
• As per KPI in scorecard to be agreed
Read full Job Descriptions

Job Requirements

QUALIFICATIONS:
• University graduation
• English fluency;
• Professional insurance qualification (preferred).

SKILLS/KNOWLEDGE:
• Adequate knowledge of insurance, products, insurance contracts, clauses.
• Effective interpersonal skills need to create and expand partnerships with internal and external customers as well as to influence the way business partners think, feel, or behave.
• Have good knowledge about type and method of reinsurance, priority for experience of RI Facultative placement experience and/or Treaty handling.
• Careful and detail-oriented
• Advance in Microsoft Office skills (Outlook, Word, Excel)


EXPERIENCE:
• At least 3 years of progressively more responsible property/casualty underwriting is preferred.
• At least 3 years on RI or related job is preferred.

COMPETENCIES:
• Applying Technical knowledge.
• Being Ethical and Compliant
• Collaborative Relationships
• Communicating with impact
• Customer Focus
• Developing Self, Direct reports and Others
• Driving Results
• Managing Execution
• Problem Solving

Job Locations

16 Phan Chu Trinh, Hoàn Kiếm, Hanoi, Vietnam

Who We Are

MSIG Insurance (Vietnam) Company Limited (“MSIG Vietnam”) is a part of the Mitsui Sumitomo Insurance Co., Ltd. network in Japan and a member of MS&AD Insurance Group.

MS & AD Insurance Group established in April 2010 following the alliance of Mitsui Sumitomo Insurance Group, Aioi Insurance Company and Nissay Dowa General Insurance Company, MS&AD Insurance Group is one of the largest general insurers in the world, with presence in over 41 markets globally, 16 of which are in Asia. Based in Japan, MS&AD Insurance Group is active in five business domains, namely domestic Japanese general insurance, life insurance, non-life insurance, financial services and risk-related services.

MSIG Vietnam with 100% foreign wholly owned company is the first Japanese General Insurer in Vietnam with Head Quarter in Hanoi, Branch in Ho Chi Minh City, and Representative Offices in Hai Phong City, Da Nang City and Hung Yen Province.

MSIG Vietnam will market a wide range of non-life insurance products to both enterprises and individuals, including property, marine cargo, motor and engineering.

MSIG Vietnam is seeking to recruit a well-qualified Vietnamese citizen with competitive compensation and benefits for opening positions.

Our package for permanent positions includes but not limits to:

- Attractive and competitive remuneration package: attractive monthly salary Guaranteed Bonus, Short-Term Incentive Bonus, various types of allowances (telecommunication allowance, pocket allowance, special language allowance, risk surveyor duty allowance, hotline duty allowance…) and long service award.
- Premium healthcare insurance package including health and accident insurance in addition to basic insurances regulated by the Labor Code to employees and their entitled families’ members (depends on level of employees).
- Training opportunities sponsored by the Company (on-job-training, soft skills, professional knowledge and certificate (ANZIIF, CII, ACCA, Actuary,…), technical exchange seminar…).
- Minimum of 15 annual leave days; Annual health check-up at high standard level.
- International and professional work environment with high ethic and compliant culture.
- Annual company summer vacation and parties with teambuilding activities and talented performances.
- Company’s Top Management always communicates to all employees about Company’s strategy, development plan and new opportunities for employees to reach higher performance.
- Employees are engaged and taken care by the company via various Trade Union activities.

Read more Show less

Company Benefits

Bonus

Chế độ đãi ngộ hấp dẫn và cạnh tranh: lương thưởng tháng 13 và thưởng kinh doanh hàng năm cùng các loại trợ cấp

Healthcare Plan

Gói bảo hiểm chăm sóc sức khoẻ cao cấp

Training

Cơ hội đào tạo không giới hạn do Công ty tài trợ

Paid Leave

Tối thiếu 15 ngày phép / năm

Environment

Môi trường làm việc quốc tế chuyên nghiệp với văn hoá tuân thủ và chuẩn mực đạo đức cao

Company Office

Company Location

10th floor, Corner Stone Building, 16 Phan Chu Trinh, Hoan Kiem, Hanoi

Company Size

100-499
staffs

Contact Person

Human Resource Department

Chương trình THẠC SĨ QUẢN TRỊ & THƯƠNG MẠI - Chuyên ngành THƯƠNG MẠI QUỐC TẾ | ĐẠI HỌC THĂNG LONG | ĐẠI HỌC CÔTE D’AZUR (PHÁP)

Chương trình THẠC SĨ QUẢN TRỊ & THƯƠNG MẠI - Chuyên ngành THƯƠNG MẠI QUỐC TẾ | ĐẠI HỌC THĂNG LONG | ĐẠI HỌC CÔTE D’AZUR (PHÁP)

Bằng Thạc sỹ chính quy quốc tế từ Pháp, được bộ GD-ĐT VN công nhận

Mang tính ứng dụng cao và phát triển kỹ năng quản lý

Gia nhập cộng đồng Alumni (Doanh nhân, Chủ doanh nghiệp nhiều lĩnh vực)