Job Duties and Responsibilities
Participate in reinsurance treaties arrangements and negotiations with reinsurers
Carry out facultative business placement and acceptance
Ensure collection of all claims recoveries (and payments) pertaining to treaty and facultative business
Assist in facilitating audits from reinsurers and for completing audits for reinsurance assumed with 3rd parties
Timely and accurate reconciliation of reinsurance accounts on a monthly basis, making necessary adjustments as appropriate
Prepare the accounting and reporting entries and reports for different treaties
Participate in the strategic direction of the Reinsurance Department
Performing any other duties as directed
Qualifications
Excellent analytical skills, superior communication skills, business acumen, strong understanding of risk management and good interpersonal relations
Relevant University degree (Actuarial, Insurance, Economics etc.)
CPA/ACII qualification will be an added advantage
3 years’ experience in Reinsurance function
