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 No: JR-36596
Location: Lagos
Job Type: Full time
Job Description
- 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.
Descriptor:
- 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 facultative outwards payment.
- Prepare and render quarterly treaty returns.
- Prepare and review paid & outstanding loss bordereaux for making reinsurance recoveries/recoverable.
- 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 and monthly 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
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
Application Closing Date
14th March, 2023.
https://www.hotnigerianjobs.com/hotjobs/507310/reinsurance-administration-specialist-at-old-mutua.html