Thursday, 19 April 2012

Reinsurance Executive Job in Kenya

Our client in the insurance industry is looking to fill the role of a Reinsurance Executive who will report to the Senior Re-Insurance Executive.

Overall Responsibility
  • Assist in all company reinsurance matters and ensure that the company’s position is adequately protected.
Duties and Responsibilities
  • Review all applications for insurance –determine the profiles of risks presented to the branch/company for re-insurance and assess their acceptability or otherwise.
  • Negotiating treaties, responding to queries, reconciling accounts and insuring statutory returns are made
  • Timely remittance of Statutory returns.
  • Contributing to the development of reinsurance business from the allocated markets.
  • Soliciting and receiving business offers from existing and potential clients in line with the underwriting policy.
  • Carrying out market visits regularly for collections, new business and renewal of existing business.
  • Preparing quotations for new business and renewals to cedants and brokers.
  • Carrying out treaty and facultative underwriting of the business.
  • Translating and interpreting business offers, treaties, facultative and claims and any other documents from clients.
  • Reviewing facultative acceptances regularly ahead of renewal and reviewing treaty acceptances annually.
  • Ensuring the proper processing of all technical transactions.
  • Maintenance of all relevant documentation.
  • Timely processing of Excess of Loss Claims Recoveries.
  • Any other duties assigned by management in line with the task.
Minimum Requirements
  • Bachelor’s degree from a recognized University in Business, Insurance, Marketing or any related fields.
  • ACII, FCII or equivalent Qualifications.
  • At least 3 years relevant work experience
How to apply:

If you are interested in the position and have the skills and talents our client is looking for, we would like to hear from you.

Please forward a copy of your updated resume, and your current salary and benefits package to before close of business 25th April 2012.

Only successful candidates will be contacted. For more vacancies visit our website



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