Reinsurance Administration Specialist at Old Mutual Nigeria

Posted on Thu 19th Sep, 2019 - www.hotnigerianjobs.com --- (0 comments)

Old Mutual Nigeria consists of a Life Assurance and General Insurance business and provides a wide spectrum of insurance solutions tailored to meet unique individual and corporate clients' circumstances.

We are recruiting to fill the position below:

Job Title: Reinsurance Administration Specialist

REF: 1347/NIGE/EU/REINSURANCE ADMINISTRATION SPECIALIST/Nigeria/180919
Location: Nigeria
Contract: Permanent
Category: Insurance

Introduction
  • Individually accountable to performing routine reinsurance administrative duties while ensuring reinsurance information are recorded accurately.
  • A Reinsurance Administrator specialist is fully multi-skilled across products & processes, and has extensive relevant experience.
Job Specification
  • Follows standardised processes and provides administrative support in line with normal business functioning.
  • Delivers on daily operational standards and adheres to service and quality standards.
  • Provides an indirect service to customers and intermediaries.
  • Responds to immediate requirements within procedure.
  • Uses standard administrative techniques to coordinate own work.
  • Product and process knowledge in different areas may differ but basic skills remain the same.
  • Fully multi-skilled across products and processes.
  • Has extensive, relevant experience.
Key Result Areas
Documentation Processing:
  • Efficient management of Facultative inward portfolio.
  • Monitor the company’s risk portfolios, analyse and recommend risks for facultative outward placements.
  • Debiting and processing of payment.
  • Prepare and render quarterly treaty returns.
  • Prepare and review paid & outstanding loss bordereaux.
  • Prepare and interpret various reinsurance statistics.
  • Ensure timely delivery of regulatory returns.
  • Follows standardized processes and provides administrative support in line with normal business functioning.
  • Weekly reporting.
  • Uses standard administrative techniques to coordinate own work.
  • Prepare meeting reports/ presentations.
  • Interface with the other departments.
Personal Effectiveness:
  • Accountable for service delivery through own efforts.
  • Individually accountable for managing own time, tasks and output quality for periods of 1 day to a maximum of 3 months.
  • Makes increased contributions by broadening individual skills.
  • Collaborates effectively with others to achieve personal results.
  • Accepts and lives the company values.
Quality Assurance:
  • Performs quality checks on own work.
  • Adheres to service and quality standards
Minimum Requirements
Qualifications and Experience:
  • A first degree or its equivalent.
  • Good Analytical skills.
  • Technical/insurance product knowledge and relevant experience would be an added advantage.
  • Good knowledge of Microsoft office suite.
Offer
Market Related.

Application Closing Date
25th September, 2019.

How to Apply

Interested and qualified candidates should:
Click here to apply online