Careers

Reinsurance Operations Officer

Reinsurance
Belgium

Our organisation

Ageas is a listed international insurance Group with a heritage spanning 190 years. Ageas 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, Luxembourg, 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 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 Operations Officer. This job is positioned in Brussels, travel will occur occasionally.

Your function

The scope of responsibilities includes the following domains:

  • Technical Reinsurance activities

After training provided by Ageas the candidate will:

  • Perform recurrent reinsurance duties, such as maintaining records, processing and verifying new business, claims and financial flows.

  • Based on clear guidelines, calculate reinsurance premium, profit commission and other reinsurance financial items and assist in preparing the relevant documentation (billing statement and financial reports).

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

  • Support the underwriting process of all inward and outward reinsurance contracts, ensuring appropriate information gathering and appropriate documentation, understand contract wordings.

 

  • Operations & IT

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

  • Assist in the implementation of the ongoing development of the Group reporting tools and participate in the management of such IT project.

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

 

  • Accounting, Planning & Reporting

  • Ensure timely accounting & reporting and ensure reinsurance information is recorded accurately.

  • Support the periodic internal and external reporting on the business results.

  • Ensure that the collection of reinsurance recoveries is handled effectively and efficiently.

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

  • Support the budget and strategic planning activities for the reinsurance business.

 

 

Your profile

  • You have a Bachelor/Master degree.

  • You have at least 3 years of relevant experience in (or good understanding of) reinsurance or insurance environment. Notions of accounting and solvency II regulation are a plus.

  • You have a good working knowledge of MS Office and advanced excel skills, knowledge of Business Objects is a plus.

  • You have excellent administrational and organizational skills.

  • You have excellent interpersonal and communication skills.

  • You are accurate, numerate, concerned for quality and eager to learn.

  • You can handle tasks calmly and efficiently also when facing tight deadlines.

  • You are a team player, but you are able to work autonomously.

  • You are fluent in English.

 

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.