Senior Reinsurance Treaty Specialist

🏗 We're Hiring: Senior Reinsurance Treaty Specialist
Location: United Arab Emirates (Remote)
Employment Type: Full-Time
Experience Level: Senior-Level
Work Arrangement: Fully Remote
About Us
We are a construction-focused organization committed to effective risk management, financial stability, regulatory compliance, and sustainable business operations. We value professionals who can assess complex risks, manage reinsurance arrangements, and support sound insurance and risk transfer strategies.
The Role
We are seeking an experienced Senior Reinsurance Treaty Specialist to manage reinsurance treaty arrangements, support treaty negotiations, monitor contractual obligations, and coordinate treaty administration. The successful candidate will work with reinsurers, brokers, underwriters, actuarial teams, and finance professionals to ensure appropriate risk transfer, accurate premium and claims calculations, and compliance with contractual and regulatory requirements.
Key Responsibilities
Manage the administration and monitoring of proportional and non-proportional reinsurance treaties.
Review treaty wordings, contractual terms, coverage limits, exclusions, deductibles, and reinstatement provisions.
Coordinate treaty renewals, placement activities, negotiations, and documentation with reinsurers and brokers.
Analyze portfolio exposures, underwriting results, loss experience, and reinsurance protection requirements.
Calculate and validate treaty premiums, commissions, profit commissions, and related adjustments.
Monitor treaty capacity, exposure limits, retention levels, and reinsurance recoverables.
Coordinate claims notifications, recoveries, bordereaux, and settlement activities with reinsurers.
Reconcile treaty accounts, premium statements, cash calls, and outstanding balances.
Ensure accurate treaty records, contractual documentation, and financial reporting.
Collaborate with underwriting, actuarial, claims, finance, and risk management teams.
Assess treaty performance and recommend improvements to optimize risk transfer and reinsurance costs.
Monitor changes in reinsurance market conditions, regulatory requirements, and industry practices.
Support catastrophe exposure analysis, accumulation monitoring, and portfolio risk assessments.
Assist with internal and external audits and respond to treaty-related information requests.
Identify operational and contractual risks and recommend appropriate mitigation measures.
Provide technical guidance to junior staff on treaty interpretation, administration, and reporting.
Qualifications and Experience
Bachelor's degree in Insurance, Finance, Economics, Accounting, Risk Management, or a related field.
Significant experience in reinsurance treaty administration, treaty underwriting, or reinsurance operations.
Strong understanding of proportional treaties, excess-of-loss treaties, facultative reinsurance, and risk-sharing structures.
Experience with treaty wording interpretation, premium calculations, claims recoveries, and account reconciliation.
Knowledge of reinsurance market practices and applicable UAE insurance regulations is an advantage.
Familiarity with catastrophe exposure management, portfolio analysis, and reinsurance reporting.
Proficiency in Microsoft Excel and insurance or reinsurance management systems.
Strong analytical, negotiation, communication, and problem-solving skills.
Excellent attention to detail and ability to manage multiple treaty deadlines.
Professional qualifications such as ACII, CII, or equivalent reinsurance credentials are an advantage.
Key Performance Indicators (KPIs)
Accuracy and timeliness of treaty documentation and renewals.
Accuracy of premium calculations and reinsurance account reconciliations.
Timeliness of claims notifications and recoveries.
Compliance with treaty terms and regulatory requirements.
Effectiveness of reinsurance protection and exposure management.
Reduction in unresolved treaty discrepancies and outstanding recoverables.
What We Offer
Remote working opportunities, subject to operational and regulatory requirements.
Competitive compensation based on experience and qualifications.
Professional development and industry certification opportunities.
Collaborative working environment with insurance and risk management professionals.
Opportunities to contribute to reinsurance strategy and enterprise risk management.
How to Apply
Interested candidates are encouraged to submit their updated CV highlighting experience in treaty reinsurance, treaty negotiations, premium calculations, claims recoveries, and reinsurance portfolio management.

Work arrangement
Yes