Reinsurance Expert needed at Allianz Nigeria Insurance Ltd.

Job title : Reinsurance Expert

Job Location : Lagos

Deadline : May 27, 2024

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Job Description

  • Ensures compliance with set standards for reinsurance.  
  • Assists in packaging sound and robust treaty arrangement for the company. 
  • Preparation of data and statistics for the treaty negotiation.
  • Review all documentation relating to the company’s reinsurance business.
  • Raise potential issues as appropriate and negotiate resolution with brokers/counterparties. 
  • Perform quality assurance review of contracts to ensure contract wording reflects intent of  the negotiations.
  • Underwrite profitable new and renewal business to meet Special Risk targets.
  • Define the underwriting modalities of a contract (agreement, pricing, guaranties).
  • Assist in gathering market intelligence, updating market statistics and pricing databases.
  • Support the team in administrative tasks, treaty, and addendum preparation as well as  designing and compiling treaty overview.
  • Control all administrative related activities like reinsurance accounting, reconciliation, etc.
  • Communicate with internal stake holders to create a proper understanding of underlying  business, exposure, and business processes, to subsequently create appropriate external  and internal reinsurance proposals.

Job Requirements

  • Minimum of 5 years of experience in a Reinsurance role.
  • University degree in Mathematics, Finance, Business Administration, or another area that  involves a strong focus on Quantitative Analysis.
  • CIIN is an added advantage.

How to Apply for this Offer

Interested and Qualified candidates should Click here to Apply Now

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