Closing Date
Jul
08
REPORTS TO: Actuarial Officer
LOCATION: Head Office
The position is responsible for documentation of reinsurance premiums and claims recoveries, maintenance of facultative premiums and claims records, processing and verification of outward facultative reinsurance business, basic accounting activities including facultative reinsurance reconciliations, follow up on payments from reinsurers, support of other departments per Interdepartmental SLAs.
Responsibilities
LOCATION: Head Office
The position is responsible for documentation of reinsurance premiums and claims recoveries, maintenance of facultative premiums and claims records, processing and verification of outward facultative reinsurance business, basic accounting activities including facultative reinsurance reconciliations, follow up on payments from reinsurers, support of other departments per Interdepartmental SLAs.
Responsibilities
- Liase and coordinate with reinsurance companies on account status or any other issue to be brought to our attention of our business.
- Request and documentation of cash calls to reinsurers
- Monthly preparation of reinsurance premium and recovery schedules
- Monthly preparation of medical refund schedules
- Monthly reconciliation of cumulative reinsurance premiums for accounts preparation
- Liaise with Business Development and Reinsurers on special underwriting requests
- Follow up on premium and claims payments / recoveries
- Documentation and requisition for facultative placements
- Assist in the calculations of reinsurance optimization
- Assist in the calculation and requisition of profit share
- Maintenance of records relating to reinsurance
- Bachelor’s degree in Actuarial Science, Business, or an equivalent
- 2-3 years’ Experience in Reinsurance
- Analytical skills
- Interpersonal and Communication skills
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