Head of Reinsurance

MINDFREE Consulting | Insurance Talent Hub; Doha; On-site; QAR 364,033 - 546,049; Full time

Job summary

A prominent insurance firm in Doha is seeking a Head of Reinsurance to manage treaty and facultative inward business operations. This role requires 10-15 years of GCC experience, strong treaty management capabilities, and relevant professional qualifications such as ACII. The successful candidate will handle treaty renewals, engage with market leaders, and ensure profitability through prudent underwriting practices.

Qualifications

• 10-15 years of experience in GCC handling Treaty and Facultative Inward business.
• Experience in Property and Engineering sectors.
• Strong academic and professional qualifications.

Responsibilities

• Handle renewal and administration of annual treaty programs.
• Discuss treaty conditions with leaders and follow market coverage.
• Conduct quarterly analysis with the actuary on treaty performance.
• Work with IT to improve operational functions.

Skills

Treaty Management

Facultative Business Handling

Market Analysis

Client Relations

Education

Graduate and/or postgraduate degree

ACII from CII London or equivalent

Job description

Our client is an insurance company based in Doha, Qatar. Seeking to hire "Head of Reinsurance" in their office. The position reports to the COO.

Qualifications

• Academic: Graduate and/or postgraduate any discipline
• Professional: ACII from CII London and/or Fellow from III or any equivalent professional qualification.

Experience

10 15 years with majority in GCC handling Treaty and Facultative Inward business particularly Property and Engineering.

Job Scope

Treaty

• Handle renewal and administration of annual treaty programs.
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• Discuss with treaty leaders and follow market and obtain best possible coverage to the treaty.
• Quarterly analysis and work closely with Company actuary on the performance of treaty.
• Prepare MIS and report to Management on regular basis.
• Work closely with IT department in setting up treaty and suggest any improvement for the robust function of the operations.

Facultative

• Shall be responsible for inward business from GCC countries except Qatar which will be handled by Direct underwriting team.
• To review the slips and take decisions on line to commit.
• To ensure profitability of the inward business by prudent underwriting.
• To go for regular market visits in GCC.
• Endeavor to establish direct relations with cedents and procure more inward business directly.
• To monitor the performance of regularly and take decisions as may be required.
• To provide MIS to the management on regular basis.