Term of References for Head-Facultative (Reinsurance Department):

  1. Analyzing Facultative proposals, verifying the documents & conveying/ accepting/ declining to the brokers within 48 hours in receipt of the email.
  2. Acknowledging Facultative claim intimations & processing claim payment within 72 hours in receipt of complete and final set of documents.
  3. In case of partial payment/imitations verifiying the documents and provide provision for loss.
  4. Facultative & Claim entries, submission of EPI & claim paid reports to GAS Qtrly/ Half & Yearly.
  5. Informing Reinsurers of any larger claims for recoveries.
  6. Following up of emails.

Remuneration (Negotiable based on experience)

  1. Basic Pay: Nu 33,750/-
  2. Fixed communication allowance: Nu 4500/-
  3. Conveyance allowance: Nu 4000/-
  4. HRA: 10% of Basic
  5. Corporate allowance: 40% of Basic
  6. Other entitlements as per GBRL’s ISR.

Minimum Eligibility Criteria:

  1. Work Experience: Minimum Seven years in relevant field.
  2. Aggregate: Minimum of 55% in both plus 2 and Degree.
  3. Qualification: General Degree.

Download GICB Job Application Form