We are looking for an experienced Reinsurance Manager to lead and oversee reinsurance operations in Life and Nonlife and support the company’s strategic and financial objectives.
Key Responsibilities:
- Negotiate and organize reinsurance treaties in coordination with the General Manager.
- Ensure accurate reinsurance data and treaty parameters on the system.
- Maintain strong relationships with local and international reinsurers and reinsurance brokers.
- Coordinate facultative reinsurance placements, including retention levels, terms, and conditions.
- Prepare and oversee reinsurance reports for management and the Board, and support financial reporting and regulatory submissions.
- Monitor portfolio performance, loss ratios, and risk exposures to support profitability and effective risk management.
- Ensure compliance with Central Bank of Jordan (CBJ) reinsurance regulations.
- Oversee the daily operations, performance, and development of the Reinsurance Department.
Qualifications:
- Bachelor’s degree in accounting, finance, risk management, or any related fields.
- Professional certifications in insurance or reinsurance are preferred.
- A minimum of 10 years of experience in Reinsurance, including 2 years in a managerial role.
- Experience dealing with local and international reinsurance markets and brokers.
- Excellent communication, relationship management, and reporting abilities.