Monday, 6 April 2015

BRITAM KENYA JOBS:REINSURANCE OFFICER

Reinsurance Officer

The job holder shall assist in looking after the various reinsurance arrangements including treaty and
facultative reinsurance protection for all classes of business written by the company.
 Key Responsibilities:
  • Assist Analyze the risks accepted and ensure risks are ceded properly
  • Assist in ensuring Ensure that all acceptances are protected by proper reinsurance arrangement on a back to back basis without any gaps in risks accepted and reinsurance protection availed
  • Obtain all necessary underwriting information required to place the risk in the local reinsurance market
  • Assist in arranging proper reinsurance protection as and when required
  • Place reinsurance directly to the market or through the broker whether on facultative or any other basis depending on the need of the situation
  • Assist in the administration of the reinsurance program
  • Ensure timely submission of closing and accounting documents as well as for settlement of premium recovery of claims from reinsurers
  • Ensure accuracy of reinsurance contract with reference to original terms at which reinsurance is accepted
  • Maintain efficient communication lines between the company and brokers
  • Prepare reinsurance underwriting and claims statistics on a regular basis and update the same at periodic intervals as per requirement
  • Review reinsurance payments/recoveries relating reinsurance premium, commissioning and claims
  • Premium adjustments a and returns
  • Ensure prompt claims recovery

Key Qualifications, Knowledge and Experience:
  • A business related University Degree -  insurance, statistics, accounts  preferred
  • Progressing with Professional Insurance qualification in CII or IIK
  • Must have a minimum of 3 years’ experience in reinsurance field
  • Knowledge of Reinsurance Treaty, Facultative wording and Reinsurance slips preparation
  • Good analytical skills
  • Computer knowledge
  • Ability to communicate effectively
  • Good understanding of general Insurance products


Closing Date: 
Thursday, April 9, 2015
Key Skills/Specialization: 
A business related University Degree – insurance
statistics
accounts preferred; Progressing with Professional Insurance qualification in CII or IIK
How to Apply
Click on the link below

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