Reinsurance Manager Job MUA

Insurance Jobs . MUA Insurance Kenya Jobs

Applications are invited from appropriately qualified candidates for the position of Senior Reinsurance Officer (Ref No 2601) in the Reinsurance Department. The position is open to both Internal and External candidates.

PURPOSE: To assist in looking after the various reinsurance arrangements including treaty and facultative reinsurance protection for all classes of business written by the company. Assist in implementation of the company’s reinsurance programme based on overall company’s objectives and maintain a business relationship with the Company’s underwriting and finance department and with the local, regional and international reinsurance market.

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KEY DELIVERABLES:

• Assist Analyse the risks accepted and ensure risks are ceded properly.
• Assist in ensuring that all acceptances are protected by proper reinsurance arrangement on a back-to-back basis without any gaps in risks accepted and reinsurance protection availed.
• Obtain all necessary underwriting information required to place the risk in the local reinsurance market.
• Assist in preparation and submission of quarterly Treaty returns.
• Assist in arranging proper reinsurance protection as and when required.
• Place reinsurance directly to the market or through the broker whether on facultative or any other basis depending on the need of the situation.
• Assist in the administration of the reinsurance program.
• Assist in the management of international Farc business.
• Maintain records of claim recoveries – proportional & non-proportional treaties.
• Ensure timely submission of closing and accounting documents as well as for settlement of premium recovery of claims from reinsurers.
• Ensure accuracy of reinsurance contract with reference to original terms at which reinsurance is accepted.
• Maintain efficient communication lines between the company and brokers.
• Prepare reinsurance underwriting and claims statistics on a regular basis and update the same at periodic intervals as per requirement.
• Prepare reinsurance payments/recoveries relating reinsurance premium, commissioning and claims.
• Premium adjustments and returns preparation for approval.
• Preparation of all monthly Reinsurance Reports.
• Assist the underwriting team in managing Reinsurance cards preparation.
• Reinsurance system parameter set up and continuous improvements.
• Ensure prompt claims recovery.
• Liaise internally with other members of the team to ensure effective and efficient execution of client’s requests.
• Regular reconciliation of accounts being both facultative and treaty accounts.
• Following reinsurers on settlement of balances and claims recoverable from reinsurers.
• Delegated Authority: As per the approved Delegated Authority Matrix.
• Perform any other duties as may be assigned from time to time.

KEY COMPETENCIES:

• Excellent communication and interpersonal skills.
• Knowledge of insurance regulatory requirements
• Knowledge of insurance products
• Sales and marketing management skills
• Excellent problem solving and decision-making skills.
• Knowledgeable with industry’s rules and regulations; and
• Results driven and customer focus

ACADEMIC BACKGROUND & RELEVANT QUALIFICATIONS:

• Business related University Degree – insurance, statistics, accounts preferred.
• Professional Insurance qualification, CII OR IIK.
• Must have a minimum of 3 years’ experience in the reinsurance field.
• Knowledge of Reinsurance Treaty, Facultative wording and Reinsurance Slips preparation a must Working Relationships.

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How to Apply

If you are qualified and seeking an exciting new challenge, please apply via ke-vacancies@mua.co.ke quoting the Job Reference Number and Position by 11th February 2026. Only shortlisted candidates will be contacted.