CIC Insurance Reinsurance Officer Job


To support the business operations through supporting underwriting and claims departments in business. They will be responsible for placement of risks & recoveries from the reinsurers, reinsurance accounting and also handle reinsurance correspondences.

Key Responsibilities

  • Grow inward facultative business and collect premiums, through acquisition of new and retention of existing business;
  • Place all risks that are in excess of capacity;
  • Any other duty as may be given by the Reinsurance Manager
  • Ensure timely treaty and facultative claims recoveries and as per the set timelines and budgets
  • Monitor the claims reinsurance register to ensure claims are correctly allocated into the relevant treaties;
  • Ensure new claims payments are immediately documented to the reinsurers;
  • Follow up with Treaty and Facultative reinsurers on claims recoverable;
  • Following up on receipting of all recoveries to the appropriate accounts and maintain up to date records of the same.
  • In liaison with the claims department, ensure claims payable to reinsurers (facultative) are registered and documented.
  • Managing facultative inward and outward business and preparing reconciliations for all businesses
  • Calling for payments of facultative accounts and calling for reinsurance treaty recoveries.
  • Seeking of facultative support for risks not covered under the scope of the treaty arrangements;
  • Follow up with facultative reinsurers on claims recoverable;
  • In liaison with the claims department, ensure claims payable to reinsurers (facultative) are registered and documented.
  • Travel insurance management
  • Custom Bonds underwriting & Management
  • Bankers Blanket Bond underwriting & claims Management
  • Reconcile funds received from reinsurers vs cash book;
  • In liaison with the finance department, clean up the reinsurance recoveries receipts;
  • Track payments received from reinsurers;

 Academic and Professional Requirements


  • Bachelor’s Degree in a relevant field,
  • Computer literate in MS Office and other office applications 
  • Qualification in relevant professional field – Diploma in Insurance, ACII/AIIK  

Experience Required:

  • Relevant experience    3

How To Apply

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