• Application Deadline: Tue, 14 Mar 2023 00:00:00 GMT
• Position: Reinsurance Administration Specialist


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience


• Location Lagos


• Job Field Administration / Secretarial 
  

Individually accountable to performing routine reinsurance administrative duties while ensuring reinsurance information are recorded accurately. A Reinsurance Administrator specialist is fully multi-skilled across products & processes, and has extensive relevant experience.

Descriptor

• Follows standardised processes and provides administrative support in line with normal business functioning.


• Delivers on daily operational standards and adheres to service and quality standards.


• Provides an indirect service to customers and intermediaries.


• Responds to immediate requirements within procedure.


• Uses standard administrative techniques to coordinate own work.


• Product and process knowledge in different areas may differ but basic skills remain the same.


• Fully multi-skilled across products and processes.


• Has extensive, relevant experience.

Key Result Areas

Documentation Processing:

• Efficient management of Facultative inward portfolio.


• Monitor the company’s risk portfolios, analyse and recommend risks for facultative outward placements.


• Debiting and processing of facultative outwards payment.


• Prepare and render quarterly treaty returns.


• Prepare and review paid & outstanding loss bordereaux for making reinsurance recoveries/recoverable.


• Prepare and interpret various reinsurance statistics.


• Ensure timely delivery of regulatory returns.


• Follows standardized processes and provides administrative support in line with normal business functioning.


• Weekly and monthly reporting.


• Uses standard administrative techniques to coordinate own work.


• Prepare meeting reports/ presentations.


• Interface with the other departments.

Personal Effectiveness:

• Accountable for service delivery through own efforts.


• Individually accountable for managing own time, tasks and output quality for periods of 1 day to a maximum of 3 months.


• Makes increased contributions by broadening individual skills.


• Collaborates effectively with others to achieve personal results.


• Accepts and lives the company values.

Quality Assurance:

• Performs quality checks on own work.


• Adheres to service and quality standards

Qualifications and Experience

• A first degree or its equivalent.


• Good Analytical skills.


• Technical/insurance product knowledge and relevant experience would be an added advantage.


• Good knowledge of Microsoft office suite