Department:
Corporate Services
Contract type:
Conditional Regular (Indefinite) Employment
Location:
Saudi Arabia - Jeddah
Closing date:
07-Sep-2023
JOB PURPOSE:
The primary mandate is to assist the Head of Reinsurance with respect to claims and underwriting functions related to reinsurance. The role will assist in the engagement with the Treaty and Facultative market for reinsurance support, calculations of the reinsurance premiums, exposures, claims payments and recoveries, maintenance of reinsurance records, perform due diligence on existing, new and renewal contracts, and other routine reinsurance administrative duties such as processing and verifying new reinsurance placements in treaties and facultative.
JOB REQUIREMENTS:
Field of Study
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- Finance/Economics/Business/Commerce/Insurance
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Academic Qualifications and Relevant Experience
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Qualification Level
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High School Diploma
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Bachelor’s Degree
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Master’s Degree
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Doctorate
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Experience
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5-8 years
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2 years
|
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Nature of Experience
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- Direct experience in reinsurance placement and/or brokerage.
- Excellent computer skills required, specifically MS Office (Word, Excel, PowerPoint)
- Strong analytical and communication skills (both oral and written)
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Professional Certifications (as applicable)
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- Those with qualification such as the Chartered Insurance Institute (CII) certificate would be a definite advantage
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GENERIC KEY PERFORMANCE INDICATORS:
Timely completion of reports and data as required
Consistently meeting deadlines as required