Dunn and Braxton Limited - Our client is one of the leading Insurance firms in Nigeria with location across different states in Nigeria. They provide life insurance business and non-life Insurance business services to Organizations and Private individuals.
They are recruiting to fill the position below:
Job Title: Re-Insurance Officer
Location: Lagos
Employment Type: Full-time
Job Description
- The Company is seeking to hire a Re-Insurance Officer who will among other things look after the various reinsurance arrangements and assist in implementation of the company’s reinsurance program based on overall company’s objectives.
Key Responsibilities
- Perform on reinsurance monthly, quarterly and yearly closing process.
- Ensure general ledger shows all accounting transactions for given period and reconciliations are conducted.
- Prepare monthly or quarterly journal entries relevant to reinsurance.
- Evaluate and process utmost complicated domestic as well as international reinsurance unspecified treaty accounts.
- Review profit commissions accounts and adjust retrospective premium.
- Perform calculation of unjustified premium and audit related treaty provisions following treaty terms.
- Collaborate with accounts statements rendered by cedant.
- Recommend management on implicit and ceded reinsurance account along with policies and processing claims.
- Supervise and confirm all security actions involving letters of credit, funds withheld and trusts.
- Ensure to correctly maintain all account complying with agreements terms.
- Conduct balances recovery on complicated reinsurance accounts through working with brokers and reinsurers.
- Develop and maintain relations with collections unit to search and resolve complicated settlement issues.
- Identify key changes in losses incurred and leftover balance loss reserves.
- Prepare reinsurance analysis reports for management review.
- Develop financial illustrations for various pooling and captive arrangements.
Key Requirements
- Good First Degree in Insurance, Accounting or any relevant field.
- Minimum of 2 years’ Cognate experience as a Re-Insurance Officer or similar role.
- Proficiency in the use of Microsoft Office.
- Good business writing and communication skills.
- Excellent team management skills.
- Strong attention to details.
- Willingness to learn on the job.
- Excellent customer service skills.
- Ability to work with minimal supervision and pay attention to details.
Compensation
NGN 82,000.00 / Month Net
Application Closing Date
29th December, 2022.
How to Apply
Interested and qualified candidates should send their CV to: [email protected] using the Job Title as the subject of the email.
https://www.hotnigerianjobs.com/hotjobs/486988/reinsurance-officer-at-a-leading-insurance-firm-du.html