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REINSURANCE OFFICER – CIC Insurance Group

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CIC Insurance Group is a leading insurance and financial services organisation with more than five decades of experience helping individuals, families, and organizations achieve financial security. We have grown into a dynamic Group offering life, general, micro insurance, asset management, and investment solutions, with operations in Kenya, Uganda, South Sudan, and Malawi, and are listed on the Nairobi Securities Exchange. Our tagline, “We Keep Our Word,” reflects our unwavering commitment to integrity, transparency, and delivering on our promises to our clients, partners, and communities. CIC Group is passionate about innovation, digital transformation, and inclusive insurance solutions that meet the evolving needs of cooperatives, SMEs, corporates, and individuals. By joining us, you will be part of a team that is shaping the future of financial protection across Africa. Reporting to the Principal Officer-General Business, the role is responsible for effective reinsurance and risk management in alignment with the Group’s overall risk strategy, ensuring the organisation is adequately protected against large and/or frequent claims while maintaining an optimal risk profile. The role supports underwriting flexibility and business growth by creating additional capacity, providing technical advice and oversight, supporting new business opportunities, and maintaining a quality and balanced underwriting book through effective risk selection and placement. It also contributes to revenue generation and profitability through optimisation of facultative and excess-of-loss recoveries, reinsurance commissions, profit commissions, and increased premium income enabled by enhanced underwriting. This role is based in Malawi

Job Summary

  • Employer: CIC Insurance Group
  • Job Type: Full-time
  • Location: Lilongwe, Malawi
  • Category: Insurance
  • Closing Date: 2026-09-14

Key Responsibilities

  • Treaty set up and Management
  • Negotiate for an optimal treaty arrangement and set up in all relevant systems
  • Treaty management through weekly review of cessions, preparation of quarterly and annual reports.
  • Seek special acceptances for unique risks.
  • Excess of Loss and facultative recoveries
  • Analysis, documentation and follow up for settlement of xol and facultative claims
  • Accounting
  • Prepare monthly, quarterly and annual accounts
  • Prepare monthly, quarterly and annual reports on reinsurance creditor and debtors
  • Facultative premium collection
  • Accounts reconciliation with various reinsurers, cedants and brokers.
  • Facultative business management
  • Facultative placement for risks beyond our underwriting capacity and those excluded from the treaties.
  • Assessing facultative inward offers to ensure we underwrite profitable business and attain set budgets
  • Travel Insurance Management
  • Offer support and guidance to underwriters on travel insurance matters
  • Oversee trainings of underwriters and intermediaries
  • Prepare quarterly and annual accounts
  • Customs Bond management
  • Assess proposed bonds to ensure set requirements are met
  • Process bonds that meet the business acceptance criteria
  • Retire cancelled bonds and discharge collateral
  • Prepare monthly reports
  • BBB Management
  • Assess proposed business and prepare quotations.
  • Oversee trainings of SACCOs, underwriters and intermediaries
  • Prepare accounts and reports

Requirements

  • Bachelor’s degree in Insurance, finance and any other business related discipline
  • Diploma in Insurance / CII
  • Minimum of 4 years’ experience

How to Apply

To apply, please visit: careers.cicinsurancegroup.com

About the Company

CIC Insurance Group Limited, commonly referred to as CIC Group, is a Kenyan insurance and investment group that operates mainly in Kenya, Uganda, South Sudan and Malawi. CIC Group has a network of branches and operational subsidiaries spread across the 4 countries.

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Frequently Asked Questions

What qualifications or certifications are typically required for a Reinsurance Officer position in Malawi?

Most employers look for a bachelor's degree in insurance, actuarial science, finance, or a related field. Professional certifications such as the Chartered Insurance Institute (CII) diploma or the African Insurance Organization (AIO) reinsurance certificate are highly regarded and can improve your chances.

What are the common day-to-day responsibilities of a Reinsurance Officer at an insurance company in Malawi?

You will analyze and assess reinsurance treaties, prepare placement submissions, and monitor the performance of existing reinsurance programs. Additionally, you liaise with local and international reinsurers, maintain records of claims recoveries, and support underwriting teams with risk‑transfer advice.

How does the work culture for insurance roles in Malawi typically affect a Reinsurance Officer?

Malawian workplaces often value relationship‑building and respect for hierarchy, so clear communication with senior underwriters and external partners is essential. Expect a collaborative environment where teamwork is encouraged, but also be prepared to manage multiple deadlines with limited supervision.

What realistic career progression paths exist for a Reinsurance Officer in Malawi's insurance sector?

Starting as a Reinsurance Officer, you can advance to Senior Reinsurance Officer, then to Reinsurance Manager or Head of Reinsurance after gaining experience and additional certifications. Some professionals also move into broader risk management or underwriting leadership roles over time.

What benefits are commonly offered to Reinsurance Officers by employers in Malawi?

Typical benefits include paid annual leave (usually around 20‑25 days), medical aid coverage, and contributions to a pension or provident fund. Some companies also provide professional development support, such as funding for relevant courses or certification exams.

How should a job seeker apply for a Reinsurance Officer role in Malawi, and what do employers look for in applicants?

Applications are usually submitted online via the company’s careers portal or through local job boards, accompanied by a tailored CV and cover letter highlighting your reinsurance knowledge and any relevant certifications. Employers prioritize analytical ability, familiarity with reinsurance principles, and strong interpersonal skills for dealing with both local and international partners.

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