Senior Reinsurance Treaty Specialist

Job Title: Senior Reinsurance Treaty Specialist

Location: UAE (Remote)

Employment Type: Full-Time

Level: Senior

Work Arrangement: Fully Remote

About Us

We are seeking an experienced and analytical Senior Reinsurance Treaty Specialist to manage reinsurance treaty administration, contractual documentation, placement support, and ongoing treaty performance monitoring. The successful candidate will have a strong understanding of reinsurance structures, treaty wording, premium and claims calculations, and the operational requirements of reinsurance agreements.

This role is responsible for supporting treaty negotiations, coordinating with cedants and reinsurers, ensuring accurate treaty records, and maintaining compliance with applicable regulatory requirements and internal controls. The ideal candidate combines technical reinsurance knowledge with strong analytical, documentation, and stakeholder management skills.

Key Responsibilities

• Treaty Administration: Manage the administration of proportional and non-proportional reinsurance treaties, including quota share, surplus, excess-of-loss, and other treaty structures.
• Treaty Placement Support: Coordinate treaty renewal processes, prepare placement information, review submissions, and assist with negotiations involving reinsurers, brokers, and internal underwriting teams.
• Contract Documentation: Review treaty wordings, endorsements, schedules, clauses, and contractual amendments to ensure consistency with negotiated terms and approved arrangements.
• Premium Calculations: Validate treaty premiums, commissions, brokerage, profit commissions, adjustments, and other contractual financial components.
• Claims and Recoveries: Monitor treaty-related claims, assess recoverability under contractual provisions, and coordinate the submission and settlement of reinsurance claims and recoveries.
• Cession Management: Verify ceded premiums, insured exposures, risk allocations, and treaty participation details to ensure accurate recording of reinsurance arrangements.
• Treaty Compliance: Ensure treaty operations follow contractual obligations, internal procedures, applicable UAE insurance regulations, and relevant regulatory reporting requirements.
• Reconciliation and Settlement: Reconcile treaty accounts, premium bordereaux, claims statements, cash settlements, and balances with reinsurers and brokers.
• Renewal Coordination: Maintain treaty renewal calendars, track outstanding documentation, gather underwriting and exposure data, and coordinate timely completion of renewal activities.
• Exposure and Capacity Monitoring: Monitor treaty limits, retention levels, reinstatements, aggregate exposures, and available reinsurance capacity to identify potential coverage gaps.
• Counterparty Management: Liaise with reinsurers, reinsurance brokers, underwriting teams, finance, actuarial, risk management, and compliance departments to resolve operational and contractual issues.
• Data Quality and Reporting: Maintain accurate treaty databases and prepare reports on treaty performance, premium movements, claims recoveries, outstanding balances, and renewal status.
• Audit and Regulatory Support: Prepare treaty documentation, reconciliation records, and supporting evidence for internal audits, external reviews, and regulatory inspections.
• Issue Resolution: Investigate discrepancies in treaty wording, premium calculations, claims recoveries, and settlement records, ensuring appropriate resolution and documentation.
• Process Improvement: Identify opportunities to strengthen treaty administration, improve reporting accuracy, streamline workflows, and enhance operational controls.
• Technical Guidance: Provide support to junior team members and advise internal stakeholders on treaty provisions, administrative requirements, and reinsurance processes.

Qualifications and Experience

• Bachelor's degree in Insurance, Finance, Accounting, Risk Management, Actuarial Science, Business Administration, or a related discipline.
• Typically 5+ years of relevant experience in reinsurance treaty administration, reinsurance operations, treaty underwriting support, or reinsurance broking.
• Strong understanding of proportional and non-proportional reinsurance structures, treaty placement processes, and contractual terminology.
• Practical experience reviewing treaty wordings, endorsements, schedules, premium statements, and claims recovery documentation.
• Knowledge of treaty premium calculations, ceding commissions, profit commissions, reinstatement premiums, and settlement procedures.
• Familiarity with reinsurance accounting, bordereaux processing, ceded exposure reporting, and reconciliation processes.
• Understanding of reinsurance claims recoverability, contractual limits, exclusions, attachment points, and retention structures.
• Knowledge of applicable UAE insurance regulations and relevant international reinsurance market practices.
• Experience coordinating treaty renewals and working with reinsurers, brokers, underwriting teams, and finance departments.
• Proficiency in Microsoft Excel and experience using insurance administration, reinsurance management, or enterprise resource planning systems.
• Strong analytical and numerical skills, with excellent attention to contractual details and data accuracy.
• Ability to interpret complex treaty documentation and identify discrepancies, coverage issues, and operational risks.
• Excellent written and verbal communication skills, including the ability to manage professional relationships with internal and external stakeholders.
• Strong organizational skills and the ability to manage multiple treaty portfolios, deadlines, and renewal cycles independently.
• Relevant professional qualifications in insurance or reinsurance, such as ACII, CII, or equivalent credentials, are an advantage.

Key Performance Indicators (KPIs)

Performance will be assessed using relevant operational, financial, and compliance metrics, including:

• Treaty Documentation Accuracy: Accuracy and completeness of treaty wordings, endorsements, schedules, and contractual records.
• Renewal Timeliness: Percentage of treaty renewals completed within established deadlines.
• Premium and Cession Accuracy: Accuracy of ceded premium calculations, commission processing, and treaty allocation records.
• Recoveries Management: Timeliness and accuracy of treaty claims recovery submissions and follow-up activities.
• Reconciliation Performance: Timely resolution of discrepancies in treaty accounts, bordereaux, and settlement balances.
• Contractual Compliance: Adherence to treaty provisions, internal controls, and applicable regulatory requirements.
• Data Integrity: Accuracy and completeness of treaty databases, exposure information, and operational reports.
• Issue Resolution: Timeliness in resolving contractual, financial, and administrative discrepancies.
• Stakeholder Service: Effectiveness in coordinating with reinsurers, brokers, underwriting, finance, and other internal teams.
• Audit Readiness: Availability of complete and traceable treaty documentation and supporting records.
• Operational Efficiency: Reduction in administrative errors, processing delays, and outstanding reconciliation items.
• Process Improvement: Contribution to stronger controls, improved reporting, and more efficient treaty administration.

What We Offer

• Competitive compensation based on experience, qualifications, and technical expertise.
• Fully remote working arrangement.
• Exposure to reinsurance treaty operations, contractual analysis, and international insurance markets.
• Professional development opportunities in treaty administration, reinsurance accounting, and risk management.
• Collaborative working environment involving underwriting, actuarial, finance, compliance, and reinsurance partners.
• Opportunities to contribute to operational improvements and strengthen reinsurance governance.
• A professional environment that values accuracy, accountability, and continuous learning.

How to Apply

Interested candidates are invited to submit an updated CV highlighting their experience in reinsurance treaty administration, treaty wording review, premium calculations, claims recoveries, and renewal coordination.

Please include details of the treaty structures you have supported, relevant reinsurance systems experience, and examples of improvements in operational accuracy, settlement efficiency, or contractual compliance.

Email Subject Line: Application – Senior Reinsurance Treaty Specialist (UAE Remote)

• We welcome applications from qualified professionals who demonstrate strong technical reinsurance knowledge, commercial awareness, and a commitment to accurate, compliant, and efficient treaty operations.