Actuarial Manager Reinsurance
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Job Location:
Johannesburg - South Africa
Monthly Salary:
Not Disclosed
Posted on:
Yesterday
Vacancies:
1 Vacancy
Job Summary
Reference: CFA020815-AIA-1
Brief Description:
As the Head of Reinsurance you will oversee treaty placements implement strategic initiatives manage governance and provide critical recommendations to executive management. This senior role requires deep technical knowledge of reinsurance arrangements exceptional negotiation skills and the ability to balance risk growth and profitability.
Brief Description:
As the Head of Reinsurance you will oversee treaty placements implement strategic initiatives manage governance and provide critical recommendations to executive management. This senior role requires deep technical knowledge of reinsurance arrangements exceptional negotiation skills and the ability to balance risk growth and profitability.
Duties & Responsibilities
Job Description:
Lead negotiations for reinsurance treaties and risk-sharing arrangements (structuring pricing and terms)
Contribute to the execution of the reinsurance strategy in line with business objectives and risk appetite
Advise executive management on reinsurance structures market conditions and risk transfer options
Conduct experience and risk investigations and recommend risk/profitability strategies
Provide technical oversight on reinsurance management including reporting and agreement interpretation
Build and maintain strong relationships with reinsurers and clients
Collaborate with actuarial underwriting claims finance legal compliance and risk teams to ensure effective execution of reinsurance arrangements
Enforce governance policies procedures and controls relating to reinsurance activities
Manage and develop direct reports while covering operations in South Africa and Mauritius
Skills & Experience:
Strong negotiation and relationship management skills
Excellent analytical financial and actuarial modelling abilities
Proven strategic thinking with the ability to balance risk growth and cost
Leadership skills with experience managing teams and engaging stakeholders
High integrity with sound decision-making ability
Qualification:
Degree in Actuarial Science Finance or related field
Qualified Actuary CA or equivalent qualification (advantageous)
Minimum 7 years relevant experience in the life insurance/reinsurance industry
Extensive knowledge of treaty and facultative arrangements (quota share surplus excess of loss etc.)
Contact: Stef Pretorius za
Visit to register your CV create a profile and view more senior Finance & Insurance roles.
Lead negotiations for reinsurance treaties and risk-sharing arrangements (structuring pricing and terms)
Contribute to the execution of the reinsurance strategy in line with business objectives and risk appetite
Advise executive management on reinsurance structures market conditions and risk transfer options
Conduct experience and risk investigations and recommend risk/profitability strategies
Provide technical oversight on reinsurance management including reporting and agreement interpretation
Build and maintain strong relationships with reinsurers and clients
Collaborate with actuarial underwriting claims finance legal compliance and risk teams to ensure effective execution of reinsurance arrangements
Enforce governance policies procedures and controls relating to reinsurance activities
Manage and develop direct reports while covering operations in South Africa and Mauritius
Skills & Experience:
Strong negotiation and relationship management skills
Excellent analytical financial and actuarial modelling abilities
Proven strategic thinking with the ability to balance risk growth and cost
Leadership skills with experience managing teams and engaging stakeholders
High integrity with sound decision-making ability
Qualification:
Degree in Actuarial Science Finance or related field
Qualified Actuary CA or equivalent qualification (advantageous)
Minimum 7 years relevant experience in the life insurance/reinsurance industry
Extensive knowledge of treaty and facultative arrangements (quota share surplus excess of loss etc.)
Contact: Stef Pretorius za
Visit to register your CV create a profile and view more senior Finance & Insurance roles.
Package & Remuneration
Annually
Required Experience:
Manager
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