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Sunday, 27 March 2022

2 New Job Opportunities at Zanzibar Insurance Corporation, Re-Insurance Officers

  AjiraLeo Tanzania       Sunday, 27 March 2022
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AJIRA LEO TANZANIA
Zanzibar Insurance Corporation (ZIC
Jobs in Tanzania 2022: New Jobs Vacancies at Zanzibar Insurance Corporation (ZIC 2022
Overview
Zanzibar Insurance Corporation was established on the 20th June, 1969 under the Public Enterprises Decree of 1966 legal Notice no. 11 of 1969. It is now operating under the Public Investment Act No.4 of 2002. The Corporation is a Parastatal Organization owned by the Revolutionary Government of Zanzibar through the Ministry of Finance and Planning.

Zanzibar Insurance Corporation is looking for a qualified candidate to fill the following vacancies below:
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Brief
ZIC is looking for competitive Insurance Staff to help us expand our business by actively seeking and acquiring new clients. The goal is to formulate strong relationships to ensure growth and preserve Zanzibar Insurance Corporation’s prestige.

The Corporation invites qualified Tanzanians to fill posts as mentioned below:
RE-INSURANCE OFFICERS - 2 POST
Location:
ZANZIBAR
Responsibilities
  • Coordinates all reinsurance activities.
  • Ensures compliance with set standards for reinsurance.
  • Assists Unit Head in packaging sound and robust treaty arrangement for the company.
  • Preparation of data and statistics for the treaty negotiation.
  • Ensure treaty set-up is done before commencement of the year.
  • Ensures all regulatory applications are filed within the stipulated timeframe.
  • Ensures prompt settlement of reinsurance premiums.
  • Collaborates with Claims Unit on notification and recovery of claims from reinsurers.
  • Ensures immediate cession of risks beyond the company’s underwriting capacity through treaty and facultative cessions.
  • Ensure facultative outward slips are sent to reinsurers within 24hours of receiving acceptance from reinsurers.
  • Ensures prompt reconciliation of year-end accounts with reinsurers.
  • Analyses facultative inward transactions and issues necessary documents after acceptance.
  • Reconcile reinsurance accounts with the Reinsurers.
  • Carries out any other assignment from the head of the Department.
Read Also:
NEW TANZANIAN JOBS, INTERNSHIPS AND VOLUNTEERING OPPORTUNITIES 2022 (1,468 POSTS)

Requirements and skills
  • Proven insurance experience
  • Hands-on experience with “smart Policy systems”, analytical tools and statistical packages (spreadsheets, etc.)
  • Sensible judgement and attention to detail
  • Confident decision-making skills
  • Excellent knowledge of insurance policies and ability to relate policy provisions to the loss exposures
  • Proven numeracy and statistical skills
  • Degree in Insurance and Risk Management.
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REMUNERATION:

Remuneration will be according to the ZIC salary scales and other terms and conditions of ZIC

MODE OF APPLICATION
Application letters accompanied by a detailed CV, Birth certificate, and Certified copies of academic certificates.
All applications must be sent to hr@zic.co.tz with the subject of the position applied
Deadline 13th of April, 2022.
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CHECK SCHOLARSHIPS OPPORTUNITIES TO STUDY ABROAD CLICK HERE!

IMPORTANT NOTE:
Testimonials/provision results/statements of results are not accepted.
This is renewable contract-based employment.
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