Reinsurance Analyst at Liberty Life

--Powermax General Electrical Merchants Ltd--

Job Description

The role holder will be responsible for assisting the Reinsurance Manager in executing the Reinsurance Strategy, including the arrangement of a business-enabling reinsurance program and the facilitation of its efficient utilization in line with the Company’s goals and objectives.

Job Industry

Insurance

Job Salary Currency

Job Salary Fixed

No

Key Deliverables

  • Assist in processing of all Reinsurance returns, Accounts, Reconciliations and payments within set timelines.
  • Ensure prompt recovery of balances due from Reinsurers
  • Efficient reinsurance related claims administration and proper management of reinsurance related accounts
  • Assist in preparing various performance statistics for reinsurance renewal, review of Reinsurance Program profitability and all pre and post renewal reinsurance processes
  • Ensure all IRA deadlines are adhered to
  • Timely preparation of reports for presentation to management for proper decision making
  • Embrace governance requirements with respect to KYC/AML/Data protection requirements per governing Acts.

Academic Experiences

Qualification Industry
Bachelor'S Degree Finance, Accounting And Assurance Services

Professional Qualifications

Industry Qualification
Finance, Accounting And Assurance Services Progress towards Diploma in Insurance (ACII or AIIK), (at least 3 papers or training in Reinsurance)

Essential Qualities

Essential Qualities
  • Knowledge of reinsurance treaty, facultative wording and reinsurance slips
  • Knowledge of insurance and accounting concepts
  • Knowledge of underwriting and claims processes and procedures
  • Technical competence in underwriting insurance risks
  • Knowledge of insurance regulatory requirements
  • Analytical, Process and Results oriented
  • Following instructions and procedures
  • Coping with pressures and setbacks
  • Relating and networking
  • Working with people
  • Presenting and communicating information
  • Achieving personal work goals and objectives


Application Process

Application Procedure If you meet the above requirements, you are encouraged to forward your application and updated CV to vacancies@heritage.co.ke

Close Date

04/05/2025