Reinsurance Officer

Mutakamela Insurance

Riyadh

On-site

SAR 60,000 - 90,000

Full time

5 days ago
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Job summary

Mutakamela Insurance in Riyadh is seeking a Reinsurance Administrative Specialist to support treaty and facultative activities, documentation, reconciliations, claims follow-up, and reporting. You will maintain records, prepare documents, and coordinate with brokers, reinsurers, and internal teams in a professional, collaborative environment.

The role requires a Bachelor’s degree in a related field and 1+ year experience in insurance or finance operations, with strong Excel/Word skills and

Qualifications

  • Bachelor’s degree in Insurance, Finance, Business Administration, or related field.
  • 1+ year experience in insurance, reinsurance, or finance operations preferred.
  • Strong knowledge of Excel, Word, and reporting tools.

Responsibilities

  • Provide administrative and operational support to the Reinsurance team.
  • Maintain reinsurance records, registers, and databases.
  • Prepare and manage treaty/facultative documents, contracts, and endorsements.
  • Follow up on reinsurance claims, recoveries, and balances.
  • Reconcile reinsurance accounts and support quarterly closings.
  • Coordinate with brokers, reinsurers, Finance, and Claims teams.
  • Monitor treaty renewals and expiry dates.
  • Prepare reports, statistics, and presentations.
  • Ensure proper filing, documentation, and regulatory compliance support.

Skills

Attention to detail
Communication
Teamwork

Education

Bachelor's degree in Insurance, Finance, Business Administration, or related field

Tools

Excel
Word
Reporting tools

Job description

Mutakamela Insurance is proud to be a growing leader in the insurance sector in Saudi Arabia. We are committed to attracting and developing top talent to support our continued success and expansion. At Mutakamela, we believe in building a strong, capable workforce aligned with our core values and strategic goals. Our culture is rooted in professionalism, innovation, and collaboration, making us a trusted name in the industry and a great place to grow your career.

Summary

Provide administrative and operational support to the Reinsurance team in managing treaty and facultative reinsurance activities, documentation, reconciliations, claims follow-up, and reporting.

Key Responsibilities
  • Maintain reinsurance records, registers, and databases.
  • Prepare and manage treaty/facultative documents, contracts, and endorsements.
  • Follow up on reinsurance claims, recoveries, and balances.
  • Reconcile reinsurance accounts and support quarterly closings.
  • Coordinate with brokers, reinsurers, Finance, and Claims teams.
  • Monitor treaty renewals and expiry dates.
  • Prepare reports, statistics, and presentations.
  • Ensure proper filing, documentation, and regulatory compliance support.
Requirements
  • Bachelor's degree in Insurance, Finance, Business Administration, or related field.
  • 1+ year experience in insurance, reinsurance, or finance operations preferred.
  • Good knowledge of Excel, Word, and reporting tools.
  • Strong attention to detail, communication, and teamwork skills.
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