Reinsurance Assistant Manager
Job Fit Check
Base Career helps you apply smarter for this job.
Key skills for this role
About the Role
We’re Hiring: Reinsurance Assistant Manager Location: Riyadh, Saudi Arabia Are you a reinsurance professional with strong analytical skills and a solid understanding of treaty and facultative arrangements?
Key Skills for This Role
Full Job Posting
Riyadh, Saudi Arabia
Are you a reinsurance professional with strong analytical skills and a solid understanding of treaty and facultative arrangements?
We are looking for a talented Reinsurance Assistant Manager to support the management of reinsurance operations, optimize risk transfer strategies, and strengthen relationships with reinsurers and brokers.
About the Role
The Reinsurance Assistant Manager will support the planning, placement, administration, and monitoring of reinsurance programs while ensuring compliance with regulatory requirements and company objectives.
The role works closely with underwriting, finance, actuarial, claims, and external reinsurance partners.
Key Responsibilities
- Assist in the placement and renewal of treaty and facultative reinsurance programs.
- Coordinate with reinsurers and brokers regarding placements, recoveries, and contractual matters.
- Monitor reinsurance utilization, capacity, and retention levels.
- Review and reconcile reinsurance accounts, bordereaux, and statements.
- Support the preparation of reinsurance reports for management and regulators.
- Analyze reinsurance performance and provide recommendations for optimization.
- Coordinate reinsurance recoveries and claims collections.
- Ensure compliance with reinsurance contracts and regulatory requirements.
- Support negotiations with reinsurers and brokers during renewal cycles.
- Maintain accurate reinsurance records and documentation.
Qualifications & Experience
- Bachelor’s degree in Insurance, Risk Management, Finance, Accounting, or a related field.
- Professional insurance or reinsurance qualifications are an advantage.
• IFCE Certification (mandated)
- 5+ years of experience in reinsurance, underwriting, finance, or insurance operations.
- Strong understanding of treaty and facultative reinsurance principles.
- Experience within the insurance industry is preferred.
Key Competencies
- Analytical Thinking
- Communication
- Stakeholder Management
- Attention to Detail
- Problem Solving
• Planning & Organizing
- Results Orientation
- If you are passionate about reinsurance and risk management, we invite you to apply ( Recruitment@acig.com.sa ) and become part of team ACIG.
Apply for this job in 1 click
Skip the repetitive application forms
Install the Base Career Chrome Extension and autofill job applications across major job boards with your profile.
Trusted by over 500,000 job seekers on Base Career
More from this employer
More jobs at Allied Cooperative Insurance Group (ACIG)
General Line Manager
Riyadh, KSA
We’re Hiring: General Line Manager Location: Riyadh, Saudi Arabia Are you a seasoned insurance professional with strong leadership capabilities and a proven track record in underwriting, portfolio management, and busines
General Lines Assistant Manager
Riyadh, KSA
We’re Hiring: General Lines Assistant Manager Location: Riyadh, Saudi Arabia Are you an experienced insurance professional with a strong background in underwriting and portfolio management? We are looking for a motivated
Internal Audit Manager
, KSA
We’re Hiring: Internal Audit Manager Location: Riyadh, Saudi Arabia We are currently seeking a qualified and experienced Internal Audit Manager to join our team. This role offers an excellent opportunity to contribute to