Training objectives
Trainees should acquire a solid knowledge of underwriting in their respective field. At the end of the training period they should be in a position to assess and process obligatory or facultative reinsurance business, and should know or be skilled in the following:
1. Professional skills
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General functions and interplay between insurance and reinsurance
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Function and use of reinsurance products
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The classes of business handled by their divisional unit (basic knowledge of primary insurance), including policy design (particularly in the special classes of business)
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Correspondence relating to underwriting
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Processing simple insurance offers for the class of business
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Shaping and administration of treaty wordings
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All of the pricing tools used in their divisional unit
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All of the interfaces that must be taken into account (other divisional units, Business Units, etc.)
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General market conditions in their respective area
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Analysis and evaluation of business trends
2. Methodological skills
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All of the computer systems used in their respective divisional unit
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Presenting the results of their work in a clear and comprehensible manner
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Basic project management techniques
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Making suggestions independently for decision-making
3. Interpersonal/social skills
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Team work
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Client-focused thinking
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Conflict solving
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Recognizing intercultural differences and acting accordingly
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Accepting responsibility