Job Description
What you will be doing:
- Lead negotiations for reinsurance treaties and risk-sharing arrangements, including structuring, pricing, and terms.
- Act as a senior contributor to the execution of company reinsurance strategy in alignment with business objectives and risk appetite.
- Advise executive management on reinsurance structures, market conditions, and risk transfer options.
- Perform experience investigations on reinsurance portfolios and provide risk and profitability management recommendations.
- Understand clients’ needs and ensure those needs are met.
- Contribute to technical reinsurance management, including monthly reporting and interpretation of reinsurance agreements.
- Build and maintain strong relationships with reinsurers and clients.
- Collaborate with internal stakeholders (actuarial, underwriting, claims, finance, legal, compliance, risk) to ensure effective execution of reinsurance arrangements.
- Enforce policies, procedures, and controls related to reinsurance activities.
- Manage the performance and development of direct reports.
What we are looking for:
- Degree in Actuarial Science, Finance, or related field.
- Nearly or newly qualified Actuary, CA, or equivalent qualification advantageous.
- Extensive knowledge of reinsurance arrangements (treaty and facultative) and structures (quota share, surplus, excess of loss, etc.).
- At least 7 years’ relevant experience in the life insurance/reinsurance industry.
- Excellent negotiation and relationship management skills.
- Strong analytical, financial, and actuarial modelling skills.
- Strategic thinker able to balance risk, growth, and cost.
- Team management and stakeholder engagement abilities.
- High integrity and strong decision-making skills.
Please note if you do not hear from us within 3 weeks, consider your application unsuccessful.
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About Automotive Technician Jobs in Gauteng
The automotive technician industry in Gauteng is a significant sector, with many opportunities available to those passionate about the mechanics of vehicles. Generally, job seekers can expect a stable and diverse job market, with common positions including service technicians, mechanic supervisors, and vehicle inspectors.
Typically, salaries for automotive technicians in Gauteng are within the R400 000 – R800 000 per annum range, depending on factors such as experience, company size, and industry sector. For example, entry-level technicians may start around R300 000, while senior technicians with significant experience can earn upwards of R700 000. However, it’s essential to note that salaries can vary widely, and actual figures will depend on individual circumstances.
Common skills required for automotive technician roles include mechanical aptitude, problem-solving abilities, and excellent communication skills. Additionally, proficiency in diagnostic software, electrical system knowledge, and the ability to work with a variety of vehicle makes are often highly valued. Other essential skills may include attention to detail, time management, and teamwork.
The automotive sector is a diverse industry, employing technicians in various sectors such as financial services, technology, and manufacturing. Financial institutions, for instance, require technicians who can work on luxury vehicles, while the technology industry demands expertise in electric and hybrid vehicles.
Career development opportunities are plentiful in this field. Typically, technicians can progress to senior roles or move into management positions, overseeing teams of technicians. Some may also choose to specialize in specific areas, such as diesel engine repair or vehicle inspection. Others may opt for further education and training, pursuing careers in automotive engineering or related fields.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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