TeraWork - Our client, a Leading Insurance Company is recruiting to fill the position below:
Job Title: Reinsurance Manager
Location: Lagos
Employment Type: Full-time
Responsibilities
- Manage all communications related to reinsurance, ensuring accuracy and compliance with
industry standards.
- Oversee the placement of facultative reinsurance for both inward and outward coverage.
- Coordinate the recovery process for facultative outward claims, ensuring timely and accurate
settlements.
- Prepare and submit quarterly returns for treaty reinsurance arrangements.
- Manage the recovery of cash calls associated with treaty reinsurance agreements.
- Lead the annual arrangement and negotiation of treaty reinsurance agreements.
- Ensure the timely and accurate submission of yearly treaty documentation to the National
Insurance Commission (NAICOM).
- Maintain and reconcile bordereaux for outstanding treaty claims.
- Manage and analyze bordereaux for paid losses under treaty reinsurance.
- Oversee the technical accounting aspects of reinsurance, ensuring accuracy and compliance.
- Prepare and submit quarterly returns to NAICOM, ensuring adherence to regulatory
requirements.
- Conduct an in-depth analysis of the company's reinsurance portfolio to assess the effectiveness
of coverage.
Requirements
- BSc / HND in Insurance and other related field.
- Minimum of 10 years of experience in reinsurance.
- ACII Certification is a plus.
- Possess a deep understanding of the legal and regulatory framework governing insurance
business.
- Demonstrate comprehensive knowledge of general insurance principles and best practices.
- Proficient in underwriting management and claims processing within the reinsurance
context.
- Utilize IT applications effectively in managing reinsurance processes.
- Proficiency in Microsoft Office.
- Excellent communication and interpersonal skills with the ability to collaborate effectively
across different teams and levels of the company.
Application Closing Date
23rd April, 2024.
https://www.hotnigerianjobs.com/hotjobs/612462/reinsurance-manager-at-a-leading-insurance-company.html