Reinsurance Administration Officer


Our organisation

Ageas is a listed international insurance Group with a heritage spanning 190 years.

It offers Retail and Business customers Life and Non-Life insurance products designed to suit their specific needs, today and tomorrow.

As one of Europe's larger insurance companies, Ageas concentrates its activities in Europe and Asia, which together make up the major part of the global insurance market. It operates successful insurance businesses in Belgium, the UK, France, Portugal, Turkey, China, Malaysia, India, Thailand, Vietnam, Laos, Cambodia, Singapore, and the Philippines through a combination of wholly owned subsidiaries and long-term partnerships with strong financial institutions and key distributors.

Ageas ranks among the market leaders in the countries in which it operates. It represents a staff force of over 50,000 people and reported annual inflows close to EUR 34 billion in 2017 (all figures at 100%).

Ageas reinsures at group level important parts of the risks underwritten by its insurance companies. The current volume of inward premiums exceeds EUR 1 Billion.  A team of dedicated experts is managing this capital-intensive activity. The scope and the level of activities is currently growing fast and we are looking for a Reinsurance Administration Officer.  He/she will be based in Brussels.

Your function

The scope of responsibilities includes the following domains:

  • Technical Reinsurance activities

    • Manage the administration of contracts, claims and financial flows, including currency management;

    • Support the underwriting process of all inward and outward reinsurance contracts, ensuring appropriate information gathering and appropriate documentation;

    • Ensure adequate registration of data in the reinsurance technical IT systems;

    • Assist in the maintenance of the control framework for all reinsurance activities;  

    • Support the statistical information gathering to support the steering of the reinsurance activities;

    • Ensure, with Ageas Finance, the correct recording of the reinsurance data in the Ageas accounting ledgers. 

  • Operations and IT

    • Optimize the use of IT-tools that support the reinsurance operations;

    • Collaborate with the externally and internally (to Ageas Corporate Centre) outsourced departments linked to reinsurance:  actuarial support, asset management, compliance, internal and external audit, tax…. 

  • Planning and Reporting

    • Support the Multi Year Budget activities for the reinsurance business;

    • Support the periodic internal and external reporting on the business results, on Solvency 2, on risk...

Your profile

  • You possess excellent administration skills;

  • You have at least a Bachelor degree in accounting, business administration or equivalent;

  • You have 3 to 5 years’ relevant experience in a reinsurance or non-life insurance environment;

  • You have excellent interpersonal communication skills;

  • You are result-oriented and hands-on;

  • You are a team player, but you are able to work independently as well;

  • You are fluent in English. French, Dutch or Portuguese are an asset.

We offer

Ageas values your talent and knows how to reward it. We offer you an attractive salary and fringe benefits. You will work in a stimulating international environment, with numerous opportunities for personal development. You will work independently within a dynamic team.