Head of Reinsurance - Johannesburg - Be Different Recruitment

    Be Different Recruitment
    Be Different Recruitment Johannesburg

    1 day ago

    R1,800,000 - R3,500,000 (ZAR) per year
    Description

    In order to be considered the following is required:

    • Degree in Actuarial Science, Finance or related field
    • Nearly or newly Qualified Actuary, CA or equivalent qualification will be advantageous
    • Extensive knowledge of reinsurance arrangements (treaty and facultative) and structures (quota share, surplus, excess of loss)
    • At least 7 years relevant working experience in the life insurance/reinsurance industry
    • Excellent negotiation and relationship management skills
    • Strong analytical, financial and actuarial modelling skills
    • Strategic thinker with the ability to balance risk, growth and cost
    • Team management and stakeholder engagement abilities
    • High integrity and decision-making skills

    Responsibilities:

    • Lead negotiations for reinsurance treaties and risk sharing arrangements, including structuring, pricing and terms
    • Act as senior contributor to the execution of company reinsurance strategy in alignment with business objectives and risks appetite
    • Advice executive management on reinsurance structures, market conditions, and risk transfer options
    • Perform experience and other investigations on the reinsurance and risk sharing portfolios and making sound risk and profitability management recommendations
    • Understand clients' needs and their priorities and ensuring that their needs are met
    • Contributing to technical reinsurance management, including monthly reporting on reinsurance arrangements and interpretation and application of reinsurance and risk sharing agreements
    • Build and maintain strong relationship with reinsurers and clients
    • Collaborate with internal stakeholders (actuarial, underwriting and claims, finance, legal, compliance, risk) and reinsurers to ensure effective communication and execution of reinsurance arrangements
    • Enforce policies, procedures and controls relating to reinsurance activities
    • Manage the performance and development of direct reports

    Information displayed above not limited to advertisement.

    Please consider your application as unsuccessful if you have not received a response within 14 days of submitting your application. 


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