Job Summary
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.