Reinsurance Operations Officer

Our organization

Ageas is a listed international insurance Group with a heritage spanning close to 200 years. We offer Retail and Business customers Life and Non-Life insurance products, and we are also engaged in reinsurance activities. Our customers are at the heart of our business, and our products and services are designed to anticipate, manage, and cover their risks through a wide range of solutions designed for their needs, both today and in the future. We are one of Europe's larger insurance companies and we are also well represented in Asia. In total, Ageas is on the ground in 14 countries (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.

Every day, more than 44,000 skilled and committed employees are at the service of nearly 45 million customers. Our Group has at its foundation a set of core values - Care, Dare, Deliver, and Share – representing who we are and how we work. As a “Supporter of your life” we seek to create social and economic value for our customers, employees, partners, investors, and society at large.

Ageas has been re-certified as Top Employer in 2023.

Reinsurance is organized as a department within ageas SA/NV, the group top holding, on whose balance sheet it underwrites. In 2022, Ageas opened its capital for third-party reinsurance that operates under the trade name Ageas Re. Today, Ageas Re serves both Group and non-Group clients predominantly in EMEA, specializing in property and casualty treaty reinsurance.

Reinsurance Operations Department plays a pivotal role in supporting our company's growth under Ageas Re brand. To strengthen our team; we are looking for an Operations Officer to join our ambitious and dynamic team that is growing rapidly. The Reinsurance Operations team is dedicated to overseeing day to day operational aspects of reinsurance, ensuring accurate technical and financial record keeping for both internal and external reinsurance agreements, and delivering comprehensive reporting to support strategic decision making.

Your function

Your responsibilities include among others:

Operational activities

• Maintain records, process, and verify new business, claims, and financial flows, ensuring effective resolution of any issues.

• Calculate reinsurance premiums, profit commission, and other financial items based on guidelines, and assist in preparing relevant documentation such as billing statements and updated financial accounts.

• Support the underwriting process for inward and outward reinsurance contracts, ensuring the accuracy of information, documentation, and contract wordings.

• Participate in process improvement projects.

• Assist in the implementation of Group reporting tools.

• Maintain and monitor the control framework of our reinsurance activities.

• Collaborate with corporate departments regarding outsourced tasks.

Accounting & Reporting

• Ensure timely and accurate accounting and reserve reporting.

• Consistently and accurately support periodic financial and management reporting.

• Effectively collect reinsurance recoveries.

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

Your profile

• Bachelor's or Master's degree in accounting, insurance, or equivalent.

• Possess 3 to 10 years of work experience in the financial services sector; familiarity or expertise in claims management and reporting is a plus.

• Good working knowledge of MS Office, with advanced Excel skills; knowledge of Business Objects is a plus.

• Excellent administrative and organizational skills.

• Detail-oriented, numerate, and eager to learn.

• Strong communication skills with internal and external parties.

• Ability to work both independently and as a team player.

• Full professional proficiency in English.

We offer

• The possibility of (maximum 50%) home working;

• A dynamic, multicultural working environment;

• An interesting and extensive salary package (including meal vouchers, eco vouchers, hospitalization, disability and group insurance, additional child benefit, mobile allowance and intervention in the internet reimbursement, ...);

• The possibility to optimize part of your salary package through a flexible income plan;

• A corporate culture where you are encouraged to share your views and opinions;

• A flat organizational structure with close collaboration and communication with management and cross departments;

• An extensive range of learning & development opportunities through our online learning platform;

• The opportunity to further develop yourself and to be part of a great team at a Top employer in Belgium. Find out more about it here

Interested?

Please apply online. We are looking forward to talking to you !