Reinsurance Officer
Jobberman Third Party
Accounting, Auditing & Finance
Job Summary
We are seeking a dynamic Reinsurance Officer who will be responsible for managing the reinsurance process by coordinating the placement and administration of reinsurance treaties and facultative arrangements ensuring minimal risk transfer, analyzing reinsurance coverage needs and protection for the company.
- Minimum Qualification : Degree
- Experience Level : Mid level
- Experience Length : 5 years
Job Description/Requirements
Key Responsibilities
- Administer and manage the company’s reinsurance treaties and facultative placements.
- Support the design, negotiation, and renewal of reinsurance programs to optimize risk exposure and capital efficiency.
- Prepare and analyze reinsurance underwriting data, reports, and documentation.
- Ensure accurate and timely recording of reinsurance transactions in compliance with internal policies and regulatory requirements.
- Coordinate with reinsurers, brokers, and internal departments to facilitate smooth reinsurance operations.
- Monitor claims recoveries under reinsurance contracts and maintain accurate reconciliations.
- Respond to queries and requests from reinsurers in a timely manner.
- Ensure all reinsurance agreements comply with local and international regulations, industry standards and company policies
- Collaborate closely with underwriting and finance to gather data and ensure accurate reporting of reinsurance transactions
What Will Make You Succeed
Technical Expertise:
- Strong understanding of reinsurance management and processes
- Underwriting and risk Analysis
- Product Knowledge
- Contract Review and Negotiation.
Leadership Skills:
- Agility in decision making,
- collaboration and teamwork,
- Stakeholder Management and customer Focus skills
Personal Attributes:
- Critical Thinking
- Problem solving skills
- Good communication skills
- Adaptability
- Attention to details
Academic & Professional Qualification
- Bachelor’s degree in insurance, Actuarial Science, Economics & Management
- Professional qualifications (e.g., CII, CIIG, or equivalent) will be an added advantage
- Minimum of 2-5 years’ experience in reinsurance or underwriting within the general insurance industry.
Location: Accra
Salary: Attractive
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