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Assistant Manager Reinsurance

Britam

Kigali, Kigali City, Rwanda · Full Time

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Experience
4–6 yrs
Salary
Openings
1
Posted
2 weeks ago
Work mode
In office
Education
Bachelor’s degree
Eligibility
Professionals with a bachelor’s degree in a relevant quantitative field and 4 to 6 years of experience in insurance, reinsurance, brokerage, actuarial, or underwriting functions can apply. Preference is given to candidates with advanced professional insurance, finance, or actuarial qualifications.
Resume
Required to apply

Where you'll work

Job description

Job Purpose

This position is responsible for shaping, running, and overseeing Britam Rwanda’s reinsurance operations, treaty structures, and related regulatory obligations. It combines hands-on administration with broader risk oversight to protect capital, reduce exposure to counterparties, preserve solvency margins, and ensure full compliance with BNR Risk-Based Supervision requirements and Article 8 rules.

Key Responsibilities

  • Oversee compliance of the reinsurance framework with BNR Risk-Based Supervision standards, including the preparation, validation, and on-time filing of mandatory BNR returns and bordereaux.
  • Track and document corporate peak exposures, seasonality considerations, and credit risk appetite parameters to support Article 8 statutory requirements.
  • Review the financial strength and structural exposure of reinsurers to limit default risk and improve capital relief under BNR capital rules.
  • Manage the full recovery cycle on a case-by-case basis, with a target of 30 days after payment, while actively following up and clearing outstanding recovery backlogs.
  • Assist with annual treaty renewal design, documentation, and negotiations, and help coordinate facultative placements for large risks, including ASSAR non-objection procedures.
  • Check and reconcile technical data across TIA and Oracle Financials, and resolve mismatches in ledger records.
  • Work closely with Underwriting, Claims, Finance, and Group Risk teams to remove process delays and provide analysis and updates for Executive Management and Board reporting.

Qualifications & Experience

A bachelor’s degree in actuarial science, Insurance, Finance, Accounting, Economics, or another closely related quantitative discipline is required. Professional qualifications such as ACII, AIIK, or equivalent insurance/actuarial finance papers are strongly preferred. Candidates should bring 4 to 6 years of relevant experience in commercial insurance, reinsurance brokerage, or actuarial/underwriting environments, especially where corporate risk transfer and treaty work are involved.

Technical Skills & Competencies

  • In-depth knowledge of reinsurance structures, including treaty and facultative arrangements, bordereaux, and recoveries
  • Understanding of insurance regulation and supervisory reporting, particularly BNR and RBS
  • Strong financial reconciliation skills and the ability to analyse aged balances and recovery positions
  • Capability to monitor reinsurance recoveries and manage cash flow timing
  • Working knowledge of reinsurance accounting controls and processes
  • Comfort using insurance and finance systems such as TIA and Oracle
  • High attention to detail and a strong control mindset
  • Ability to coordinate effectively with underwriting, claims, finance, and reinsurer stakeholders
  • Clear communication and reporting abilities
  • Strong integrity, ownership, and risk awareness

Additional Information

This is a permanent, full-time day role based in Kigali, Rwanda. The role is expected to support ongoing business and regulatory needs, and the posting indicates that applications remain open on an ongoing basis.

Employment Details

Primary location: Kigali, Kigali City, Rwanda. Job type: Permanent. Shift: Day Job. Contract type: Full-time.

Posting Information

Job posting date: 21-06-2026. Unposting date: Ongoing.

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