Reinsurance Officer at Takaful Insurance of Africa

Job Duties and Responsibilities

• Participate in reinsurance treaties arrangements and negotiations with reinsurers
• Carry out facultative business placement and acceptance
• Ensure collection of all claims recoveries (and payments) pertaining to treaty and facultative business
• Assist in facilitating audits from reinsurers and for completing audits for reinsurance assumed with 3rd parties
• Timely and accurate reconciliation of reinsurance accounts on a monthly basis, making necessary adjustments as appropriate
• Prepare the accounting and reporting entries and reports for different treaties
• Participate in the strategic direction of the Reinsurance Department
• Performing any other duties as directed

Qualifications

• Excellent analytical skills, superior communication skills, business acumen, strong understanding of risk management and good interpersonal relations
• Relevant University degree (Actuarial, Insurance, Economics etc.)
• CPA/ACII qualification will be an added advantage
• 3 years’ experience in Reinsurance function