About Us
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.
About the Role
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
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
Who We’re Looking For
Essential Knowledge/Skills and Experience Required:
- Bachelor’s degree in Insurance, finance and any other business related discipline
- Diploma in Insurance / CII
- Minimum of 4 years’ experience
Why Join Us?
Joining CIC Insurance Group as a Reinsurance Officer offers an opportunity to play a critical role in protecting the Group’s financial strength while enabling sustainable business growth. You will work at the intersection of risk management, underwriting, and commercial strategy, helping optimise reinsurance structures that provide greater capacity, protect against large and volatile claims, and support confident risk selection. The role also provides exposure to facultative and excess-of-loss placements, recoveries, reinsurance commissions, and portfolio optimisation, giving you the opportunity to directly influence both risk outcomes and revenue generation. If you are analytical, commercially minded, and passionate about technical risk management, CIC provides a dynamic platform to deepen your reinsurance expertise and contribute to a stronger, more resilient and profitable insurance business.
If you have the aforementioned professional and academic qualifications and you are ready to execute the above mandate, strictly apply through: https://careers.cicinsurancegroup.com/ clearly indicating the position being applied for.
The application should reach us by close of business on 14th September, 2026. Please note only short-listed candidates will be contacted. If you do not hear from us by 30th September 2026 consider your application unsuccessful.
CIC Group is an equal opportunity employer and does not solicit or require any form of payment for employment opportunities.
N/B: This job advert is open to both internal and external candidates.