Reinsurance Operations Officer

Reinsurance Operations Officer

Ageas

Brussels, Belgium

Reinsurance Operations Department plays a pivotal role in supporting our company's growth under Ageas Re brand. To strengthen our team; we are looking for an Operations Officer to join our ambitious and dynamic team that is growing rapidly. The Reinsurance Operations team is dedicated to overseeing day to day operational aspects of reinsurance, ensuring accurate technical and financial record keeping for both internal and external reinsurance agreements, and delivering comprehensive reporting to support strategic decision making.

Your function

Your responsibilities include among others:

Operational activities

  • Maintain records, process, and verify new business, claims, and financial flows, ensuring effective resolution of any issues;
  • Calculate reinsurance premiums, profit commission, and other financial items based on guidelines, and assist in preparing relevant documentation such as billing statements and updated financial accounts;
  • Support the underwriting process for inward and outward reinsurance contracts, ensuring the accuracy of information, documentation, and contract wordings;
  • Participate in process improvement projects;
  • Assist in the implementation of Group reporting tools;
  • Maintain and monitor the control framework of our reinsurance activities;
  • Collaborate with corporate departments regarding outsourced tasks.

Accounting & Reporting

  • Ensure timely and accurate accounting and reserve reporting;
  • Consistently and accurately support periodic financial and management reporting;
  • Effectively collect reinsurance recoveries;
  • Coordinate the gathering of statistical information to support the steering of reinsurance activities.

Your profile

  • Bachelor's or Master's degree in accounting, insurance, or equivalent;
  • Possess 3 to 10 years of work experience in the financial services sector; familiarity or expertise in claims management and reporting is a plus;
  • Good working knowledge of MS Office, with advanced Excel skills; knowledge of Business Objects is a plus;
  • Excellent administrative and organizational skills;
  • Detail-oriented, numerate, and eager to learn;
  • Strong communication skills with internal and external parties;
  • Ability to work both independently and as a team player;
  • Full professional proficiency in English.

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