
Senior Reinsurance Executive
2 weeks ago
Job Description
- Attend to risks requiring reinsurance by effecting treaty cessions/or fac. placements in accordance with guidelines laid down by the Company's Risk Management policy and Reinsurance programme.
- Maximise retention of risks to increase Net Written Premium as a percentage of Gross Written Premium through sound assessment of risks and underwriting information and risk survey reports.
- Assist in the yearly compilation of reinsurance statistical data, treaty renewal information as required.
- Assist HOD in continual Process Health Checks. Ensure maximum efficiency and effectiveness in work processes within the RI unit. Ensure RI documentation is handled properly.
- Processing of Facultative Inward / Outward Reinsurance including checking and signing off policies.
- Monitor reinsurers' rating status and exposure.
- Ensure compliance with all laws, regulatory provisions and group policies as are relevant to the role
- Undertake any other duties as may be assigned.
Qualifications
- Preferably Tertiary qualification with minimum professional insurance qualification in General Insurance
- Operations experience in general insurance environment
- Technical reinsurance support
- Sound knowledge in underwriting, reinsurance and risk management
- Good communications skills
- Proficient in MS Office
- Aptitude for numbers
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