Summary
Date Posted: Monday, August 12 2024, Base Salary: Not Disclosed

JOB DETAILS:
DUTIES AND RESPONSIBILITIES
• To design an annual reinsurance plan, establish and improve the reinsurance management system, procedures and related management policies;
• To establish reinsurance risk management system to analyses, report, and manage major risks;
• To develop and implement reinsurance treaty and facultative management, including setting annual work plan and coordinating renewal terms negotiation;
• To design and manage assessment, asset and credit analysis of inward and outward treaty, facultative business and counter-party risk management;
• To develop reinsurance file management, and regular and irregular analysis of reinsurance management;
• To analyze reinsurance performance in line with the Corporation’s strategy, and internal /external environment;
• To manage an optimum reinsurance framework for new and existing products for both life and general business;
• To develop, implement and manage a leading framework that optimizes facultative reinsurance placements;
• To manage the premium, policy and claims administration in the reinsurance processes;
• To optimize reinsurance protection/ arrangement structure; and
• To perform any other relevant duties as may be assigned by the supervisor

QUALIFICATION AND EXPERIENCE
Holder of Bachelor Degree in one of the following fields; Insurance and Risk Management, Actuarial Science or equivalent qualifications from a recognized institution. At least seven (7) years working experience in the related field with good proven records in dealing with general insurance matters in the aspect of motor, aviation, marine, engineering, agriculture, oil and gas, COMESA and Regional Customs Transit Guarantee (RCTG), miscellaneous and personal accident insurance, fire, engineering or related. Good skills in asset assessment, and credit analysis of inward and outward treaty, facultative business and counter-party risk management analysis, evaluation, assessment and is a must.

REMUNERATION NICS 6

Job Experience: No Requirements

Work Hours: 8

Experience in Months:

Level of Education: Bachelor Degree

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