- Reinsurance
- General Insurance
About Our Client
Our client is a well-established player in the insurance sector, committed to delivering sustainable growth through strong risk management practices and operational excellence. As part of its continued development, the company is looking to strengthen its reinsurance function by appointing a highly skilled and commercially minded Manager - Reinsurance.
Job Description
Reporting to senior management, the Manager - Reinsurance will be responsible for developing and implementing the Company's reinsurance strategy in line with business objectives and risk appetite. Key responsibilities include:
- Negotiating, placing, and administering treaty and facultative reinsurance arrangements.
- Managing relationships with reinsurers, brokers, and other key stakeholders.
- Reviewing and analysing reinsurance programmes to ensure adequate coverage and cost effectiveness.
- Monitoring reinsurance recoveries and ensuring timely collection of outstanding balances.
- Overseeing the preparation and submission of reinsurance bordereaux, accounts, and reports.
- Providing technical expertise and guidance on reinsurance matters to underwriting, claims, finance, and other business functions.
- Ensuring compliance with regulatory requirements, contractual obligations, and internal policies.
- Evaluating reinsurance performance, identifying trends, and recommending improvements to enhance profitability and risk management.
- Preparing management reports, performance analyses, and strategic recommendations for senior leadership.
The Successful Applicant
The ideal candidate will possess:
- A professional qualification in Insurance or Reinsurance (ACII, FCII, or equivalent), or a Bachelor's Degree in Finance, Business Administration, or a related field.
- At least 7 years of relevant experience in general insurance or reinsurance, including 3 to 5 years in a supervisory or managerial capacity.
- Strong technical expertise in treaty and facultative reinsurance, underwriting principles, claims processes, and insurance regulations.
- Excellent analytical, organisational, and problem-solving capabilities.
- Strong communication and negotiation skills, with the ability to build and maintain effective stakeholder relationships.
- A proactive and strategic mindset, with the ability to drive improvements and support business growth through effective reinsurance management.
What's on Offer
This is an excellent opportunity to join a reputable and established insurance organisation in a leadership role with significant impact on the Company's risk management and profitability. The successful candidate will have the opportunity to shape and enhance the reinsurance strategy, work closely with senior stakeholders, and build strong partnerships with key market players across the insurance and reinsurance landscape.