Attend to risks requiring reinsurance by effecting treaty cessions/or fac. placements in accordance with guidelines laid down by the Company's Risk Management policy and Reinsurance programme.
Maximise retention of risks to increase Net Written Premium as a percentage of Gross Written Premium through sound assessment of risks and underwriting information and risk survey reports.
Assist in the yearly compilation of reinsurance statistical data, treaty renewal information as required.
Assist HOD in continual Process Health Checks. Ensure maximum efficiency and effectiveness in work processes within the RI unit. Ensure RI documentation is handled properly.
Processing of Facultative Inward / Outward Reinsurance including checking and signing off policies.
Monitor reinsurers rating status and exposure.
Ensure compliance with all laws, regulatory provisions and group policies as are relevant to the role
Undertake any other duties as may be assigned.
Qualifications
Preferably Tertiary qualification with minimum professional insurance qualification in General Insurance
Operations experience in general insurance environment
Technical reinsurance support
Sound knowledge in underwriting, reinsurance and risk management