Jobs Detail
Job title: Team Lead, Reinsurance
Qualification(s)
- Possess first degree/HND with a minimum of second class lower division in Social Science/Humanities from a reputable institution of higher learning
- Be an associate membership af Chartered Insurance institute of Nigeria/London
Job Experience & skills
- At least 5 active years in similar roles in a reputable insurance company
- Have a minimum of 10 years post-graduation experience in relevant role
- Possess strong knowledge of treaty and facultative reinsurance arrangement
- Possess strong knowledge of the insurance industry, statutory and regulatory guidelines
Responsibilities
- Coordinate and supervise activities of the unit to ensure conformity with the business objectives and regulatory guidelines
- Advise on apportionment and placement of risk to treaty and local facultative reinsurers
- Design a prudent and suitable reinsurance arrangement for the company to protect it against adverse risk exposures
- Review list of insurance companies to transact business with and make recommendations to the Head Risk Management
- Formulate action plans for market penetration in reinsurance marketing
- Take necessary and prompt corrective actions to ensure the achievements of the objectives of the units
- Submit reports on the units operations to the Head Risk Management and recommend remedial actions to correct deviations from plan
- Ensure timely renditions of returns to treaty reinsurers
- Analyze risks/profit/underwriting statistics to determine treaty capacity of the company for the incoming financial year
- Prepare annual budget of the unit for approval by the Head Risk Management
- Train subordinate on the job to improve on their skills
- Convene and direct meetings with direct reports to review operational activities
How to apply for this job
Comprehensive CV is to be sent as a word attachment to cv@guineainsurance.com
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