Head of Reinsurance

Intelligent Solutions; Dubai; On-site; AED 250,000 - 350,000; Full time

Job summary

A leading insurance organization in the UAE seeks an experienced Head of Reinsurance to develop and implement comprehensive reinsurance strategies and manage operations. The ideal candidate will have over 10 years of experience in reinsurance management within the P&C insurance sector, particularly in the UAE market. This role offers a competitive compensation package and opportunities for professional growth in a dynamic work environment.

Benefits

Competitive compensation and benefits package

Opportunity to work with a leading insurance organization

Dynamic and collaborative work environment

Professional growth and recognition for performance

Qualifications

• Minimum 10 years of progressive experience in reinsurance management within the Property & Casualty (P&C) insurance sector.
• Strong understanding of reinsurance principles, contract structures, and UAE regulatory frameworks.
• Proven leadership with a strategic and collaborative mindset.

Responsibilities

• Develop and implement comprehensive reinsurance strategies aligned with company objectives.
• Manage treaty and facultative reinsurance arrangements ensuring compliance and financial integrity.
• Analyze UAE and regional reinsurance markets to identify potential partners.

Skills

Leadership

Communication skills

Negotiation

Education

Bachelor's degree in finance, Risk Management, Actuarial Science, or related field

MBA or professional certifications (ACII, FCII, or equivalent)

Job description

General Overview

We are looking for an experienced Head of Reinsurance for our client, a leading insurance organization in the UAE. The ideal candidate will be responsible for developing, implementing, and managing the company’s reinsurance strategy to optimize risk transfer, enhance financial performance, and ensure compliance with regulatory requirements.

This is an excellent opportunity for a seasoned reinsurance professional with a strong understanding of the UAE insurance market to play a key leadership role in a reputed and fast-growing organization.

Key Responsibilities

• Strategy & Execution: Develop and implement comprehensive reinsurance strategies aligned with company objectives, regulatory requirements, and risk appetite. Collaborate with underwriting and actuarial teams to design optimal reinsurance structures and coverage.
• Operations Oversight: Manage treaty and facultative reinsurance arrangements, ensuring compliance, accuracy, and financial integrity. Monitor recoverables, reserves, and collateral requirements.
• Market & Relationship Management: Analyze UAE and regional reinsurance markets to identify and evaluate potential partners. Build and maintain strong relationships with reinsurers, brokers, and regulatory bodies.
• Negotiation & Placement: Lead negotiations with reinsurers and brokers to secure competitive and compliant terms. Oversee the placement and renewal of reinsurance programs to support business objectives.
• Risk & Performance Management: Monitor portfolio performance, loss experience, and exposure to optimize reinsurance programs. Conduct reviews and implement effective governance and control measures.

Key Requirements

• Bachelor’s degree in finance, Risk Management, Actuarial Science, or related field; MBA or professional certifications (ACII, FCII, or equivalent) preferred.
• Minimum 10 years of progressive experience in reinsurance management within the Property & Casualty (P&C) insurance sector, including leadership experience in the UAE or regional markets.
• Strong understanding of reinsurance principles, contract structures, and UAE regulatory frameworks.
• , communication skills.
• Proven leadership with a strategic and collaborative mindset.

Key Benefits

• Competitive compensation and benefits package
• Opportunity to work with a leading insurance organization in the UAE
• Dynamic and collaborative work environment
• Professional growth and recognition for performance