In order to be considered the following is required:

• Matric
• Relevant Degree and/or Insurance qualification
• FAIS compliant advantageous
• 10 years’ experience in the insurance or reinsurance industry
• Experience in cell captive industry would be advantageous
• Experience and competence in team management and leadership
• Strong understanding of cell captive mechanisms and the broader insurance landscape, including UMAs
• General and specialist insurance sectors and reinsurance markets
• Negotiation and influencing skills
• Good interpersonal skills
• Ability to work independently
• Ability to work under pressure

Responsibilities:

• Support the growth in the business and deliver greater internal capacity, thereby reducing reliance and cost of
• Delivering appropriate and optimised reinsurance advice to cell captive clientele
• Reinsurance programme structuring in line with client’s and the business strategic objectives
• Negotiate renewal and new business with reinsurers and reinsurance brokers
• Ensure accurate and timeous completion of reinsurance contracts
• Collate underwriting information and data for compilation of risks profiles and cresta aggregates
• Compile quarterly performance reports for the respective portfolio encompassing analysis of claims development, understanding of clients pricing methodology and underwriting philosophy
• Conduct regular meetings with all relevant stakeholders i.e. internal technical divisions, clients, reinsurers and reinsurance brokers in order to ensure efficient reporting to all parties
• Keep abreast of the developments in the reinsurance market in order to identify any movements that could adversely or positively affect the security of any reinsurer in approved panel of reinsurance partners
• Contribute to the completion of the annual statutory reports in respect of the reinsurance components of the report
• Provide input in scoping auditing requirements for internal audit
• Provide input and comments on regulatory papers requiring reinsurance input
• Ensure reinsurance guidelines and processes are adhered to
• Produce monthly management reports
• Monitoring and review of strategic key risks indicators per the risk register
• Provide training to other divisions as and when required

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.