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Johannesburg: Head of Reinsurance

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Job Description

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.)



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