Reinsurance Manager
NIC Mauritius
Job description
About the role
We are looking for an experienced Reinsurance Manager to lead and optimise our reinsurance operations within the General Insurance business. The role will develop and maintain effective reinsurance programmes, manage treaty and facultative arrangements, and ensure compliance with regulatory and contractual requirements.
Key responsibilities
- Develop, implement and manage the company’s reinsurance strategy aligned with business objectives and risk appetite.
- Negotiate, place and administer treaty and facultative reinsurance arrangements.
- Maintain strong relationships with reinsurers, brokers and other key stakeholders.
- Review and analyse reinsurance programmes to ensure optimal coverage and cost efficiency.
- Monitor reinsurance recoveries and ensure timely collection of outstanding balances.
- Prepare and submit accurate reinsurance bordereaux, accounts and reports.
- Provide technical advice to underwriting, claims, finance and other business units.
- Ensure compliance with regulatory requirements, contractual obligations and internal policies.
- Analyse reinsurance performance, identify trends and recommend improvements.
- Prepare management reports and performance analyses for senior management.
Required profile
- Professional qualification in Insurance or Reinsurance (e.g., ACII, FCII) or a Bachelor’s degree in Finance, Business Administration or related field.
- Minimum 7 years of relevant experience in general insurance or reinsurance, including 3–5 years in a supervisory or managerial role.
- Strong technical knowledge of treaty and facultative reinsurance, underwriting principles, claims processes and insurance regulations.
- Excellent analytical, organisational and problem‑solving abilities.
- Strong communication and negotiation skills with the ability to build effective relationships.
Required skills
- Treaty reinsurance
- Facultative reinsurance
- Underwriting principles
- Claims processes
- Insurance regulations
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Published 1 month ago
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NIC Mauritius
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