Reinsurance Officer Job at Sonarwa General Insurance Company - Career Opportunity in Rwanda

Vacancy title:
Reinsurance Officer

[ Type: FULL TIME , Industry: Insurance , Category: Accounting & Finance ]


Jobs at:

Sonarwa General Insurance Company

Deadline of this Job:
10 February 2020  

Duty Station:
Within Rwanda , Kigali , East Africa

Date Posted: Tuesday, February 04, 2020 , Base Salary: Not Disclosed

Sonarwa General Insurance Company .

Job Responsibilities
• Prepare data to help in the company’s Treaties arrangement and general treaty administration.
• Place reinsurance directly to the market or through the broker whether on facultative or any other basis depending on the need of the situation
• Ensure accuracy of reinsurance contract with reference to original terms at which reinsurance is accepted
• Review all risks acceptances to ensure they are protected by proper reinsurance arrangement;
• Prepare reinsurance underwriting and claims statistics for reinsurance renewals and review of the profitability of the reinsurance program;
• Produce meaningful monthly premiums, paid and outstanding losses reports to inform decision making
• Monitor accounts payments to and recoveries from the reinsurers and reinsurance Brokers.
• Follow up on cash calls and excess of loss claim recoveries from reinsurers.
• Advise finance department on proper allocation of various payments to and Receipts from the reinsurers and brokers.
• Liaise with finance department on proper allocation of certain items forming part of the returns to the reinsurers and brokers
• Ensure timely submission of closing and accounting documents as well as for the settlement of premium recovery of claims from reinsurers
• Maintain efficient communication lines between the company Reinsurers and reinsurance brokers
• Assist in the administration of the reinsurance program

Job Skills: Not Specified

Job Qualifications
• Professional, academic qualifications and experience
• Bachelor’s Degree in a business-related field.
• One (1) year experience in reinsurance.
• Professional qualification in Insurance (ACII, FLMI )
• Excellent communication and presentation skills
• Problem-solving skills
• Excellent interpersonal skills
• Good negotiation skills
• Good analytical skills
• Computer literate in MS Office and other office applications
• Understanding of the working environment /competitors
• Technical competence in insurance
• Basic knowledge of regulations

Job Education Requirements: Not Specified

Job Experience Requirements: Not Specified

Work Hours: 8


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Job application procedure
Interested & qualified candidates will submit their application including a summarized CV with 3 professional references & a Cover letter (all in 1 document) .To apply please click here  

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Job Info
Job Category: Accounting/ Finance jobs in Rwanda
Job Type: Full-time
Deadline of this Job:  10 February 2020
Duty Station: Kigali
Posted: 04-02-2020
No of Jobs: 1
Start Publishing: 04-02-2020
Stop Publishing (Put date of 2030): 04-02-2065
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