Senior Reinsurance Professional
4 days ago
We are seeking an experienced Reinsurance Manager to join our team at Al Khaleej Takaful Insurance. In this key role, you will be responsible for managing the reinsurance operations, working closely with the underwriting and claims teams to ensure optimal program design and execution.
Job Description- Manage the reinsurance department's daily activities, including correspondence with stakeholders.
- Analyze portfolio development through IT system reports to inform strategic decisions.
- Ensure accurate treaty renewal information and propose enhancements to improve performance.
- Review placing slips, cover notes, and wordings, raising points for further review.
- Monitor quarterly bordereaux and calculate profit commission and XOL adjustment premiums annually.
- Develop and implement a reinsurance strategy aligned with business requirements.
- Handle claims under XOL protection, providing comprehensive support until resolution.
Requirements:
- More than 10 years' experience in general insurance.
- University graduate with a degree in a related field (e.g., ACII).
- Broad knowledge of all insurance lines and reinsurance principles.
- Proficient English language skills, with Arabic an advantage.
- Strong understanding of business practices, data management, and reporting.
- Excellent interpersonal and communication skills.
- Experience in negotiation, facilitation, problem-solving, and decision-making at a senior level.
- Familiarity with market trends, opportunities, and business practices.
- Proficient computer skills.
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