Reinsurance Administrator (Non-Life)

Closing Date 2024/09/16

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.

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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

Duties & Responsibilities

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

Competencies