Reinsurance Manager at Terawork

About Terawork

TERAWORK is the leading online talent marketplace in Africa that helps businesses thrive by connecting them with professional talent without geographical barriers. We have a pool of professionals with varying levels of expertise across tech, digital, business and lifestyle services.

Our client, a leading Insurance Company  is seeking a competent and qualified professional to fill the position below

Job Title – Reinsurance Manager

Location – Lagos

Roles & Responsibilities (Reinsurance Manager) 

• Manage all communications related to reinsurance, ensuring accuracy and compliance with
  industry standards.
• Oversee the placement of facultative reinsurance for both inward and outward coverage.
• Coordinate the recovery process for facultative outward claims, ensuring timely and accurate
  settlements.
• Prepare and submit quarterly returns for treaty reinsurance arrangements.
• Manage the recovery of cash-calls associated with treaty reinsurance agreements.
• Lead the annual arrangement and negotiation of treaty reinsurance agreements.
• Ensure the timely and accurate submission of yearly treaty documentation to the National
  Insurance Commission (NAICOM).
• Maintain and reconcile bordereaux for outstanding treaty claims.
• Manage and analyze bordereaux for paid losses under treaty reinsurance.
• Oversee the technical accounting aspects of reinsurance, ensuring accuracy and compliance.
• Prepare and submit quarterly returns to NAICOM, ensuring adherence to regulatory
  requirements.
• Conduct in-depth analysis of the company’s reinsurance portfolio to assess the effectiveness
  of coverage.

Job Requirement (Reinsurance Manager)

• BSc/HND in Insurance and other related field.
• Minimum of 10 years of experience in reinsurance.
• ACII Certification is a plus.
• Possess a deep understanding of the legal and regulatory framework governing the insurance
  business.
• Demonstrate comprehensive knowledge of general insurance principles and best practices.
• Proficient in underwriting management and claims processing within the reinsurance
  context.
• Utilize IT applications effectively in managing reinsurance processes.
• Proficiency in Microsoft Office.
• Excellent communication and interpersonal skills with the ability to collaborate effectively
  across different teams and levels of the company.

Click here to download the Editable CV Template here

How To Apply

Interested and qualified candidates should kindly click the link below.

https://forms.gle/PXcVZqcV8dYNfwRq5