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  • Posted: Nov 15, 2017
    Deadline: Not specified
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    Resolution Insurance Company Ltd is a general insurer offering innovative and responsive insurance solutions. We have learned to adapt in this constantly changing society, and develop comprehensive products that are relevant to our clients. We currently have over 60,000 members in our fold and have partnered with over 500 medical service providers across E...
    Read more about this company

     

    Reinsurance Officer

     

    Reporting to the Reinsurance and Partnerships Manager, the Reinsurance Officer’s purpose is to participate in all phases of reinsurance arrangement, accounting and reporting, from the initial phases of treaty development, coordination with third parties, monthly processing and recognition of appropriate assets, liabilities, income and expense items and periodic reporting.

    Job 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.
    • Any other duties assigned by your supervisor.

    Qualifications

    • Relevant University degree (Actuarial, Insurance, Economics etc.)
    • CPA/ACII qualification will be an added advantage.
    • 3 years’ experience in Reinsurance accounting.

    Desired Skills and Qualities

    • Strong computer knowledge including working knowledge of financial based accounting packages, database, spreadsheets and word processing software.
    • Knowledge of reinsurance processes, treaties and administration software’s will be an added advantage.
    • Strong verbal and writing skills.
    • Strong analytic skills and attention to detail.
    • Ability to produce in a fast-paced environment while addressing projects and responsibilities effectively.

    Method of Application

    Interested and qualified? Go to Resolution Insurance on www.resolution.co.ke to apply

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