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Senior Specialist - Reinsurance

Job Responsibilities:

  • Prepare the P&C Treaty statistics for renewals for further discussion with Reinsurance Senior Manager
  • Ensure that Facultative Reinsurance accounts (Outward Inward) are properly placed and all documentation is in place.
  • Ensure timely delivery for the FAC placements whilst utilizing the limited approved list of RI. Work with different stakeholders (Finance - UW- Claim- Regulator) whilst being alert to any additional requirement and different needs.
  • Provide accurately with the regular reports to the Group as and when required.
  • Prepare the Reinsurance premium settlements and follow up with the Finance Department to ensure timely payment to the Reinsurers
  • Ensure full compliance with Allianz guidelines for the Reinsurance
  • Ensure proper Filling system for the Reinsurance Unit either electronically or hard copies.
  • Supervise & supports the subordinate Reinsurance Specialist.
  • Takes care of own risk policies for Allianz with the group or getting quotations from the market
  • Coordinates Meeting with RI Brokers and Reinsurers
  • Prepares documents with RI brokers “TOBA"
  • Participates effectively in System development and testing.

Job Qualifications:

  • 5 years of experience in reinsurance / insurance.
  • University Degree                                  
  • Very Good knowledge of the Insurance different Productsamong all LOB (non-life)      
  • Excellent Knowledge of Reinsurance                                
  • Excellent Knowledge of Insurance in General.

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