Head of Reinsurance Operations


Our organisation

Ageas is a listed international insurance Group with a heritage spanning almost 200 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 about 45,000 people and reported annual inflows close to EUR 36 billion in 2020 (figures at 100% share).

Ageas reinsures at group level important parts of the risks underwritten by its insurance companies. The current volume of inward premiums exceeds EUR 1.5 billion. The scope and level of these activities is growing fast and we are hiring people to strengthen our team.

Your function

This job is positioned in Brussels and the scope of your main responsibilities are:

Operational activities

  • Overseeing the administration of the reinsurance contracts and the organization and execution of the invoicing of the reinsurance premiums.

  • Leading the Claims Management activities, amongst others:

  • Guidance to the claims operations team;

  • Validation of claims acceptance;

  • Calculation of reserves and premiums;

  • Recovery of claims payments.

  • Verification, validation and justification of the statements of accounts.

  • Liaising with Accounting to ensure adequate financial reporting.

  • Identifying and leading process improvement projects, and monitoring of the control framework of our reinsurance activities.

  • Supporting the underwriting team by providing relevant information.

  • You stay abreast of the most recent developments in the insurance operations domain, identifying opportunities for improvement.

Data Quality

  • Data Management of the reinsurance activities.

  • Liaising with the IT-providers, supporting operational excellence.

Analysis and reporting

  • Ensuring timely and accurate accounting and supporting financial analysis and consistent management reporting.

  • Providing response to ad-hoc questions from senior management and other internal clients.

You will coach a team of 2 to 3 professionals.

Your profile

  • You have a Master degree or equivalent.

  • You have at least 3 years’ experience in financial services operations, preferably relevant experience in insurance operations.

  • Excellent operational and process skills.

  • You have strong interpersonal, communication and presentation skills.

  • You are easy with numbers and you give evidence of an analytical mind.

  • You have a hands-on, pragmatic approach and are result oriented.

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

  • You have a profound knowledge of Microsoft Office.

  • Full professional proficiency in English and fluent in Dutch or French is a plus.

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.