Team Member, Reinsurance officer

To manage effectively and efficiently service delivery from business placement to claims recoveries

Role Qualification:

Academic/Professional:

• BSc/Degree from a reputable Tertiary Institution in Insurance/Statistics and Numeracy related disciplines is an advantage.
• Relevant postgraduate (MSc, MBA) and/or professional qualification (CII, CIIN, ACCA) would be an added advantage.

Work Experience: Minimum 2 years professional experience with at least 6 months in related position.

Key Responsibilities:

• Coordinates all Fire, Group Life and Aviation treaties and facultative reinsurance activities.
• Assists unit head in packaging sound and robust treaty arrangement for the company on these lines.
• Ensures immediate cession of risks beyond the company’s underwriting capacity through treaty and facultative cessions.
• Ensure facultative outward slips are sent to reinsurers within 24hours of receiving email acceptance from reinsurers.
• Coach other team members on process improvement practices; understand how to drive behaviour change and adoption for new/changed processes.
• Ensures compliance with group and local standards for the team’s activities.
• Reconcile reinsurance accounts (monthly, quarterly and yearly) with the Reinsurers.
• Analyses facultative inward transactions and issue necessary documents after acceptance.

Required Skills and Competencies

• Knowledge of Insurance and Technical Operations.
• Technology Savvy with strong Ms Office Skills (Word, Excel, Outlook, Visio)
• Ability to Influence stakeholders/work closely with them to determine acceptable solutions.
• Analytical Organizational and excellent documentation skills
• Business Process Improvement.
• Strong interpersonal skill
• Data Analysis Skills.