Reference Number MMH240830-4
Job Title Reinsurance Administrator (Non-Life)
Position Type Permanent
Role Family Client Services
Cluster Guardrisk
Remote Opportunity Some of the time
Location - Country South Africa
Location - Province Gauteng
Location - Town / City Sandton
Introduction
To ensure that short term Reinsurance administration functions are executed efficiently and in line with contractual obligations, thereby supporting Reinsurance team in executing its responsibilities to its internal and external clients.
Disclaimer As an applicant, please verify the legitimacy of this job advert on our company career page.
Role Purpose
To ensure that short term Reinsurance administration functions are executed efficiently and in line with contractual obligations, thereby supporting Reinsurance team in executing its responsibilities to its internal and external clients.
Requirements
- Matric
- Insurance qualification or studying towards
- Minimum 5 years experience in Insurance or reinsurance administration
- Efficient in Microsoft Office
- Capture reinsurance contract (Treaty and Facultative) onto the Reinsurance system.
- Follow up with the Reinsurers and Reinsurance brokers on outstanding contracts (Treaty and Facultative
- Generate renewal reports from the system and submit to relevant Guardrisk divisions (UMA, CRS and GGI )
- Update 100% reinsurance register on the system
- Update list of Approved reinsurance partners in liaison with PMs
- Coordinate Reinsurance documentation for internal and external Auditors.
- Provide Reinsurance documentation to relevant Guardrisk divisions on request
- Schedule internal and external reinsurance meetings for the team
- Take minutes in Reinsurance team meetings
- General filing and maintenance of records
- Generate large loss report from the system and submit to Portfolio Managers
- Obtain quarterly performance stats reports from Technical Accounting and submit to Reinsurance PMs for review
- Attention to detail
- Good Communication Skills
- Be proactive and take initiative
- Team player
