To completely handle the international risks of Indian clients
a. To liaise with various channels - internal sales teams (corporate as well as SME), brokers, agents etc. to identify clients who have international risk exposure.
b. To connect with such clients to identify the risk & the quantum of such risk that they are exposed to internationally.
c. To co-ordinate with the respective UW for the pricing of the risk depending upon the risk proposal.
d. To ascertain whether there is a need to arrange for reinsurance support to be able to write the risk.
e. To co-ordinate with the reinsurance team as well as reinsurance brokers to arrange for the support as required.
f. To identify & establish a working relationship with a local insurer in the country/geography where the risk is located.
g. To negotiate with the local Cedent on reinsurance cession & fronting charges & other commissions involved in such an arrangement.
h. To arrange for all the relevant documents as required by the Cedent to issue the locally compliant policy & raise the invoice.
i. To work together with the internal sales teams & various operations departments for the booking of the policy in our system.
j. To co-ordinate with the client/broker/internal teams to make the premium payment to the Cedent.
k. Once the payment is received by the Cedent, to arrange for the remittance of the reinsurance premium to ICICI Lombard.
l. To co-ordinate with the F&A team to keep a track on the receipt of the reinsurance premium & map it against the correct policy.
m. To work with the F&A team for the smooth release of brokerage applicable.
To handle all the accountings tasks for own accounts
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